Wellington Crescent, Winnipeg - September 2026 Real Estate Report

Wellington Crescent Real Estate Update: Still One of Winnipeg's Most Expensive Streets - But the Market Is Taking a Breather

The Vibe Right Now

If you live on or near Wellington Crescent, you already know this street carries weight. The big elms, the river views, the architecture - it all adds up. But right now, the numbers are telling a more nuanced story than the curb appeal suggests. Here is what is actually happening for houses and condos in our neighbourhood.

Houses: Fast-Moving, Top-Tier Prices, Slight Softening

The average HonestDoor Price for a house here sits at $906,237. That is down a modest 1.22% from the previous period - a small dip, not a freefall. Think of it as the market catching its breath after years of running hard.

When homes do sell, they move fast. We are talking an average of 8 days on market. That ranks 8th out of 71 neighbourhoods in Winnipeg for speed. Buyers are not sleeping on Wellington Crescent listings. The average sale price came in at $731,000, with sellers getting 99.98% of their asking price. That is essentially full price - no real discounting happening here.

• Average HonestDoor Price: $906,237 (down 1.22%)
• Average sale price: $731,000
• Average listing price this month: $424,900
• Price per square foot: $363
• Average days on market: 8
• Sale-to-list ratio: 99.98%
• Predicted market value: $917,387
• Estimated monthly rent: $3,807
• Rental yield: 5.02%
• Price rank in Winnipeg: 29th out of 187 neighbourhoods
• Days-on-market rank: 8th out of 71 neighbourhoods
• Growth rank: 125th out of 191 neighbourhoods

That 5.02% rental yield is worth noting. For a street at this price point, that is a strong return. If you have ever thought about renting your place, the estimated $3,807 per month makes the math work better than most people expect.

The one area where we are not leading the pack is growth. A rank of 125th out of 191 neighbourhoods puts us in below-average territory for price appreciation right now. That is honest, and it matters if you are thinking about timing a sale.

Condos: Quick Sales, Premium Prices, Worth Watching

Wellington Crescent condos are a different story. The average HonestDoor Price is $507,018 - up 0.75% from the previous period, which is a small but positive move. Condos here are selling in an average of just 4 days. Four days. That is a rank of 5th out of 52 condo neighbourhoods in Winnipeg. When a unit hits the market, it goes.

• Average HonestDoor Price: $507,018 (up 0.75%)
• Average sale price: $499,200
• Average listing price this month: $499,900
• Price per square foot: $317
• Average days on market: 4
• Sale-to-list ratio: 99.86%
• Predicted market value: $503,241
• Estimated monthly rent: $2,493
• Rental yield: 3.82%
• Price rank in Winnipeg: 9th out of 125 neighbourhoods
• Days-on-market rank: 5th out of 52 neighbourhoods
• Growth rank: 145th out of 175 neighbourhoods

The condo growth rank - 145th out of 175 - puts us near the bottom of the leaderboard for appreciation. The predicted market value of $503,241 is also trending slightly below the 3-month moving average of $509,908. So while condos sell fast and carry a premium address, values have dipped 2.40% recently. Something to keep an eye on if you are a condo owner here.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is the thing about your city assessment - it is a snapshot from the past. The City of Winnipeg reassesses on a cycle, which means the number on your tax bill could be based on market conditions from a year or two ago. A lot has changed since then.

The HonestDoor Price is updated in real time, pulling from actual sales data, current listing activity, and neighbourhood trends. For a house on Wellington Crescent, the HonestDoor Price of $906,237 and the predicted market value of $917,387 give you a live read on what your property is actually worth today - not what a government formula calculated last year.

If you are making any financial decision - refinancing, selling, insuring, or just benchmarking your net worth - the HonestDoor Price is the number to use. Your assessment is for tax purposes. Your HonestDoor Price is for real life.

So What Does This Mean If You Are Thinking About Selling This Summer?

The honest answer is: the timing is decent, but not perfect. Here is the breakdown.

On the positive side, homes here sell in 8 days on average and condos in 4. Buyers are showing up and paying close to full ask. Wellington Crescent still ranks in the top 30 most expensive neighbourhoods in Winnipeg for houses, and top 10 for condos. Demand is real.

The caution flag is the growth rank. Houses sitting at 125th and condos at 145th on the neighbourhood leaderboard means we are not in a price-surge moment. Values have softened slightly. If you are waiting for a big run-up before listing, the current data does not suggest that is coming in the near term.

The practical takeaway for a Wellington Crescent seller this summer: price it right from day one. The buyers who are looking at this neighbourhood know their stuff. They will not overpay, but they will move fast on a well-priced property. With an average sale-to-list ratio of 99.98% for houses, there is almost no room for wishful pricing - the market is telling you exactly what it will pay.

Check your HonestDoor Price before you call your agent. It will give you the most current baseline for that conversation - and it is free.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.