104 Lenore Street – Property Summary
Key Characteristics & Buyer Profile
This is a 1,492 sqft home on a 2,305 sqft lot in Wolseley, built in 1912. The assessed value is $395,000. Its main draw is the house itself, not the land. The lot is significantly smaller than average for the street, neighbourhood, and city—ranking in the bottom 10% citywide. Inside, the living space is modest but sits slightly above average for Winnipeg as a whole. The assessed value is close to the city median and slightly above the neighbourhood average, which suggests the structure and location carry more weight than the yard. The year built is older than most homes in the city, but consistent with the character of Wolseley, where many homes date from the early 1900s.
The appeal here is for someone who prioritizes interior space and location over outdoor area. It suits buyers who want a house in a historic, walkable neighbourhood without paying a premium for a large lot. It may also appeal to those who see potential in an older home on a compact site, or investors looking for a property where the land cost is a smaller portion of the total price. This would be a less obvious fit for families needing substantial yard space or anyone seeking a newer, low-maintenance property.
Five Possible FAQs
1. How does the lot size compare to other homes in Wolseley?
It’s well below average. The typical lot in the neighbourhood is about 3,434 sqft, and this one is 2,305 sqft—roughly two-thirds of that. On the street itself, it ranks near the bottom. If outdoor space is important, this property may feel tighter than many nearby homes.
2. Is the assessed value competitive with similar homes?
Yes, it’s slightly above the neighbourhood average ($371,300) and close to the citywide average for comparable homes ($390,100). Given the smaller lot, the value appears to be weighted toward the house’s condition and location rather than land size.
3. What condition is a 1912 home typically in?
That depends on maintenance and renovations. The data doesn’t cover condition or updates, so a buyer should budget for a thorough inspection. Older homes in Wolseley often have original detailing but may also need electrical, plumbing, or foundation work. The age ranks it older than 92% of Winnipeg homes, so systems and structure should be closely reviewed.
4. How does this property fit into the Wolseley market overall?
Wolseley homes average around 1,622 sqft of living space, so this is slightly below that. But it ranks in the top third of homes citywide for living area, suggesting it’s a reasonably sized house in a neighbourhood where space is tighter. The small lot is the main trade-off—buyers here often pay more for land than for square footage.
5. Who would this property not suit?
It’s not ideal for anyone wanting a large yard, a garage or driveway with room to expand, or a newer home with modern layouts. It’s also less suited to buyers who prioritize privacy or separation from neighbours, given the compact lot in a dense, older neighbourhood.