129 Garfield Street S – Property Summary
Key Characteristics & Buyer Fit
This is a 1,008 sqft home on a 3,012 sqft lot, built in 1923, located in Winnipeg’s Wolseley neighbourhood. Its assessed value is $345,000.
Where the appeal lies: The property sits at an interesting intersection of value and character. While its living area and lot size are modest by citywide standards, the assessed value is noticeably above average for its own street (top 13%). That suggests the home carries more tangible worth relative to its immediate neighbours—possibly due to updates, condition, or location within the block. At the same time, the 1923 build year is older than most Winnipeg homes, but actually newer than the Wolseley average, meaning it fits the neighbourhood’s vintage character without being among the oldest on the block. Wolseley itself is known for tree-lined streets, walkability, and older homes with personality, so this property aligns well with that setting.
What type of buyer it would suit: Someone who values an established inner-city neighbourhood with a distinct sense of place, and who isn’t looking for maximum square footage or a large yard. Given the below-average lot size and living area citywide, it would not be ideal for a buyer wanting room to expand significantly. It would suit a couple, a small family, or an individual who prioritizes location, character, and relative value over raw space. The data suggests it’s reasonably priced for the area—not a steal, not overpriced—which may appeal to pragmatic buyers who want a fair deal in a desirable part of town.
Five Possible FAQs
1. How does this home’s assessed value compare to others in Wolseley?
It’s around average for the neighbourhood. The average assessed value for comparable homes in Wolseley is about $371,300, and this property is assessed at $345,000—slightly below that, but within a normal range.
2. Is the lot big enough for an addition or a garage?
At 3,012 sqft, the lot is slightly smaller than the average on Garfield Street (3,139 sqft) and below the neighbourhood average (3,434 sqft). It’s also considerably smaller than the typical Winnipeg lot. Adding a garage or a significant addition may be possible, but you would likely need to check local zoning and setback rules closely—space is limited.
3. What does “1923” mean in terms of maintenance and upgrades?
A home built in 1923 likely has older construction methods, such as knob-and-tube wiring, plaster walls, or a foundation that may need attention. However, since it’s newer than the Wolseley average (1916), it may have been built during a period of slightly more standardized construction. A thorough home inspection focusing on electrical, plumbing, and foundation is recommended—don’t assume it’s been fully modernized just because it’s not the oldest on the street.
4. Is this a good investment compared to other houses on Garfield Street?
The assessed value ranks in the top 13% of the street, while the living area and lot size are average or slightly below. That gap could work in your favour if the home is in better condition than its neighbours, but it also means you may pay a premium for square footage that isn’t unusually large. Long-term investment value will depend more on neighbourhood trends and how the property is maintained than on raw stats.
5. How walkable is the location?
Wolseley is generally considered one of Winnipeg’s most walkable neighbourhoods, with access to shops, cafes, parks, and transit. This specific address on Garfield Street S is likely within walking distance of the Wolseley commercial strip (Corydon or Westminster Ave areas) and the Assiniboine River trails. For a more exact picture, you would need to check the map analysis page mentioned in the listing.