14 Knappen Avenue — Property Summary

Key Characteristics & Buyer Profile

This 1,165-square-foot home on Knappen Avenue (Wolseley area) was built in 1903 and sits on a 2,699-square-foot lot. Its assessed value is $262,000.

The standout feature here is the land. The lot ranks 5th out of 30 homes on the same street, placing it in the top 17% for its immediate block. That’s unusual for an older infill property in this part of Winnipeg—most comparable lots in Wolseley are tighter. The house itself is slightly below the street average for living space, but note that the neighborhood overall skews larger (average 1,622 sqft) and more expensive (average $371K assessed). So the home is modest for its area, which keeps the assessed value lower than many nearby properties.

The appeal is more about location and lot than square footage or upgrades. Wolseley is a mature, walkable neighbourhood with character homes, tree-lined streets, and proximity to the river and Osborne Village. A buyer here is likely someone who values the area’s vibe, wants a manageable-sized house, and sees potential in the yard—whether for gardening, a garage, an extension, or simply not having neighbours on top of them. It would suit first-time buyers comfortable with an older home’s quirks, or renovators looking to add value in a desirable pocket of the city. The year built (1903) is older than most homes citywide, so expect maintenance typical of a century home: old wiring, plumbing, foundation, and possibly single-glazed windows.

FAQs

1. How does this property compare to other homes on Knappen Avenue?
It’s around average for living area and assessed value on the street, but has one of the largest lots—ranked 5th out of 30 homes. That’s the main differentiator.

2. The assessed value is $262K—how realistic is that as a price?
Assessed value isn’t always market value, but it’s a reliable benchmark. The home falls below both the neighbourhood average ($371K) and citywide average ($390K) for comparable homes, so it's priced modestly for its area.

3. What should I know about a house built in 1903?
It’s older than 99% of homes citywide, and older than most in Wolseley (where the average is 1916). Expect original materials, potential for knob-and-tube wiring, plaster walls, and possibly an older foundation. A pre-purchase inspection by someone experienced with century homes is strongly recommended.

4. The lot is 2,699 sqft—is that small or large?
On Knappen Avenue, it’s above average (top 17%). But in Wolseley overall, it’s below average—the neighbourhood average is 3,434 sqft. So it’s generous for the immediate street, but modest compared to many homes just a few blocks away.

5. Would this work for a renovation or addition?
Potentially—larger lots on older streets can allow for expansions, but you’d need to check zoning, setback requirements, and any heritage restrictions in Wolseley. The lower assessed value relative to neighbours suggests there’s room to add equity, but the older structure may limit what’s feasible.