132 Arlington Street – Property Summary
Key Characteristics & Buyer Profile
This is a 1,668 sqft home built in 1909, located in Winnipeg’s Wolseley neighbourhood, on a 2,412 sqft lot. Its assessed value is $396,000.
The property stands out most for its size and value relative to the immediate street. On Arlington Street itself, it ranks in the top 14% for living area and the top 7% for assessed value—meaning it’s noticeably larger and more valuable than its direct neighbours. City-wide, the living area also ranks well (top 22%), though the assessed value is more middle-of-the-pack (top 39%).
Where this property is less competitive is its age and lot size. Built in 1909, it’s older than most homes on the street, in the neighbourhood, and certainly city-wide (top 95% for age, meaning only 5% of homes are older). The land area is also small—2,412 sqft ranks in the bottom 8% on the street and bottom 3% city-wide.
The appeal here is clear: a spacious older home in a desirable central neighbourhood, at a price that reflects strong local value but not a premium for land or new construction. It would suit a buyer who values interior square footage and character over outdoor space, and who is comfortable with the upkeep and limitations that come with a century-old house. Not ideal for someone seeking a large yard, a modern build, or a low-maintenance property.
Frequently Asked Questions
1. Is this home considered a good value for Wolseley?
Yes, relative to the street. It's assessed well above the Arlington Street average ($247k vs. $396k). In the broader Wolseley area, its value is around average—ranking in the top 31%—so you're not overpaying for the neighbourhood, but you are paying a premium for being one of the larger homes on your block.
2. How does the small lot affect usability or resale?
A 2,412 sqft lot is compact. It limits options for additions, garages, or significant landscaping. Resale may be narrower—buyers who prioritize yard space will look elsewhere. However, in a dense older area like Wolseley, small lots are common and not necessarily a dealbreaker for those focused on the house itself.
3. Why is the assessed value high despite the old age and small lot?
Assessed value weighs living area, location, and condition more heavily than lot size or age in this case. The home's 1,668 sqft is well above the street average, and being in a sought-after central neighbourhood (Wolseley) adds value. Older homes in good condition often hold value well if they've been maintained.
4. What should a buyer be aware of with a 1909 home?
Systems and structure are the main concerns. Expect potential issues with old wiring, plumbing, foundation, and insulation. Renovations may be constrained by heritage or zoning rules in Wolseley. A thorough inspection is essential—but many buyers are drawn to the character, tall ceilings, and craftsmanship that older homes offer.
5. How does this property compare to others in Winnipeg overall?
It's above average in living area (top 22%), average in assessed value (top 39%), very old (top 95% for age), and very small in land area (bottom 3%). In short: a big old house on a tiny lot—an uncommon combination that appeals to a specific buyer, not the general market.