Key Characteristics & Appeal
This 1913 home on Wolseley Avenue comes with 1,857 square feet of living space—slightly above average for its street and notably larger than the citywide typical home. The lot is compact at 2,925 square feet, well below both the street and city averages, which is typical for the area’s older, walkable neighbourhood character.
Where it stands out is the balance between size and assessed value. The property has a tax assessment of $307,000, which is lower than the street average ($515,000) and close to the community average ($371,000). In other words, you get above-average interior space without an above-average tax burden. The house is older than most in the city (built 1913 vs. a 1966 citywide average), but it falls close to the median for its own street and community—meaning it’s in line with the area’s historic housing stock.
This property would suit buyers who value interior square footage over yard space, and who are comfortable with an older home in an established neighbourhood. It’s a good fit for someone looking for a solidly sized house in a walkable, character-rich area like Wolseley, without paying a premium for a large lot or recent construction. The lower-than-street-average assessment also suggests potential for below-average property taxes relative to neighbours.
Possible FAQs
1. Is the house in good shape given it was built in 1913?
The data only covers size, lot, age, and assessment—not condition. A 1913 home could be fully updated or in need of work. Buyers should budget for a thorough inspection, especially for systems like electrical, plumbing, and foundation.
2. Why is the assessed value so much lower than the street average?
The street average ($515,000) may be driven by a few much larger or newer homes. This property’s smaller lot and older age likely keep its assessment lower. It also means property taxes are based on a lower value, which can be a recurring advantage.
3. How does the living space compare to typical homes in Winnipeg?
At 1,857 sq ft, this home is in the top 15% citywide for living area. The average Winnipeg home is about 1,342 sq ft. So it’s noticeably roomier than most houses in the city, despite the modest lot.
4. What’s the neighbourhood like in terms of lot sizes and housing character?
The lot (2,925 sq ft) is smaller than both the street and community averages. That’s common in older, central Winnipeg neighbourhoods like Wolseley, where homes are closer together and the streets are tree-lined. You get character and walkability, but not a large yard.
5. Does this property represent good value compared to others on the street?
Possibly, depending on what you prioritize. You get above-average interior space at below-average assessed value. But you also have a smaller lot and an older home. It’s a trade-off that works best if interior square footage and lower taxes matter more than yard size or a newer build.