This is a 1926 home in Wolseley with 1,068 sq. ft. of living space on a 3,012 sq. ft. lot. Its standout feature is the assessed value. Ranked in the top 4% on Sherburn Street and top 40% citywide, the assessment sits well above the street average—suggesting a property that has held or gained value relative to its immediate neighbours. The living area is slightly below the Wolseley neighbourhood average, but the age of the home is a relative strength within that area: it’s newer than most homes in the neighbourhood (top 13%), while being older than the citywide norm. The lot is small by city standards (bottom 12% citywide), but right in line with what’s typical on the street.
The appeal lies in the combination of a solid assessed value in a desirable older neighbourhood, with a house that feels more recent than many of its Wolseley counterparts. It’s not a large home or a big lot, but it sits on a street where prices are noticeably above the local median. This property would suit a buyer who prioritizes location and long-term value over raw square footage—someone comfortable with a smaller footprint in a well-regarded central neighbourhood, who sees the assessment rank as a signal of stability or potential upside. It may also appeal to those who want an older character home but prefer one that isn’t among the very oldest in the area.
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How does the living space compare to other homes nearby?
At 1,068 sq. ft., it’s slightly below the street average (1,162 sq. ft.) and well below the Wolseley neighbourhood average (1,622 sq. ft.). It’s a compact home, even for this area.
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Is the lot size a concern?
The lot is 3,012 sq. ft., which is typical for Sherburn Street but small compared to the Winnipeg average of 6,570 sq. ft. If you’re used to suburban lots, this will feel tight. Within Wolseley, it’s also a bit smaller than the neighbourhood norm.
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Why is the assessed value so high relative to the street?
The assessment ranks in the top 4% on Sherburn Street, meaning this property is valued significantly higher than most of its immediate neighbours. This could reflect a well-maintained or upgraded home, a desirable specific location on the street, or other factors like recent renovations. It’s worth investigating what’s driving that premium.
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What does “built in 1926” mean for upkeep?
It’s an older home, but notably newer than the average house in Wolseley, where many homes date from around 1916. That extra decade can mean slightly different construction methods or materials. Citywide, it is older than average, so typical old-home considerations—foundation, wiring, plumbing, insulation—still apply.
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How does this property compare to similar listings in Winnipeg overall?
Citywide, it ranks around average for living area and assessed value, but below average for lot size and age. Its strongest comparative advantage is on its own street, where value stands out. If you’re considering other Wolseley properties, this one offers a higher assessment rank than most, but less interior space.