1244 Wolseley Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a spacious 1949 home with 2,145 square feet of living area on an oversized 8,073-square-foot lot. The property ranks well above average in its immediate neighbourhood and across Winnipeg. On Wolseley Avenue, it sits in the top 28% for size and top 25% for assessed value. Within the Wolseley neighbourhood, it climbs to the top 3% for value and top 2% for lot size, while its 1949 build date is newer than most homes on the street and in the area—many of which date to the 1910s and 1920s.
The appeal lies in the combination of generous interior space and a large lot in an established, walkable neighbourhood. The home is not a fixer-upper from the early 1900s, but it’s also not new construction; it offers a middle ground of mid-century bones with modern potential. Buyers who value character, a strong sense of community, and outdoor space will find it compelling. It’s less suited to someone looking for a turnkey modern home or a small, low-maintenance property. Likely buyers include families who want room to grow, gardeners or hobbyists who can use the large lot, and people who appreciate Wolseley’s mature tree canopy and proximity to shops and the river.
Frequently Asked Questions
1. How does the assessed value compare to similar homes in the area?
The current assessed value of $645,000 is well above the Wolseley neighbourhood average of $371,000 and ranks in the top 3% locally. On the street itself, it’s about 25% higher than the average assessment of $515,000. This reflects the home’s size, lot, and condition relative to its neighbours.
2. Is a 1949 home likely to have outdated systems?
Many homes from that era have been updated over time, but it’s not guaranteed. Buyers should expect to review the age of the roof, furnace, electrical panel, and plumbing. The fact that it ranks newer than most homes on the street and in the neighbourhood (built 1925 and 1916 averages) means it may have fewer original features to replace—but a home inspection is still essential.
3. What’s the advantage of an 8,073 sqft lot in Wolseley?
Most homes in the neighbourhood sit on lots around 3,400 sqft. This lot is more than double the neighbourhood average, which is unusual for Wolseley. It offers room for a large garden, a workshop, a garage addition, or outdoor entertaining—something hard to find in this area without moving to a less central part of the city.
4. How does this property compare to the typical Winnipeg home overall?
Across all of Winnipeg, it ranks in the top 8% for living area, top 6% for assessed value, and top 11% for lot size. The only metric where it falls below the city average is build year—1949 vs. 1966 citywide—but that’s partly because Winnipeg has a large number of newer suburban developments. In the context of an older, inner-city neighbourhood like Wolseley, 1949 is actually considered relatively recent.
5. Would this home appeal to someone wanting to renovate or expand?
Possibly, but zoning and permitting should be checked first. The large lot provides physical space for an addition or a secondary suite, and the 1949 construction may be structurally simpler to modify than much older homes. That said, being in a well-established neighbourhood means there are likely heritage or zoning considerations that could limit what’s allowed. Anyone planning significant changes should consult the city’s planning department before making an offer.