153 Canora Street – Property Summary
Key Characteristics & Buyer Profile
This 2,400 sqft home on Canora Street in Wolseley was built in 1911 and sits on a 3,807 sqft lot. Its assessed value is $472,000.
The property stands out most for its living space. Citywide, it ranks in the top 4% for size—well above Winnipeg's average of 1,342 sqft. Within Wolseley, it’s in the top 6%, and even on its own street it ranks above average. The lot, however, tells a different story: while it’s slightly above average for the street and neighbourhood, it's below average citywide. This suggests a house that feels spacious inside on a modest urban lot, typical of older, established areas.
The assessed value reflects this: above average at every level, but not as dramatically as the square footage might suggest. That’s partly because the house is over a century old—citywide, it’s in the bottom 7% for age. Older homes often carry character and quality construction, but also potential maintenance considerations.
Who it suits: Buyers who value interior space and a classic Wolseley location over a big yard. It would appeal to someone looking for a home with strong size relative to price, who appreciates pre-war build quality and doesn’t mind an older home’s quirks. It's less suited for anyone set on a newer house, a large lot, or a low-maintenance property.
Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg homes?
The lot is 3,807 sqft, which is below the citywide average of 6,570 sqft. However, it’s actually slightly above average for Wolseley (3,434 sqft) and close to the street average of 3,848 sqft. So while small by general city standards, it’s normal for the neighbourhood.
2. Is the assessed value of $472,000 a realistic market price?
Assessed value is a benchmark used for property taxes, not a guaranteed market price. The fact that it ranks in the top 25% citywide and top 14% in Wolseley suggests it’s a higher-valued property locally. However, market conditions, renovations, and specific comparisons with sold homes would give a more accurate sense of current value.
3. What does the 1911 build year mean for maintenance and renovations?
Homes from this era often have solid framing and materials, but systems (electrical, plumbing, insulation) may need updating. The property ranks near the middle for its street and neighbourhood in terms of age, so it's not unusually old for the area. Buyers should budget for potential upgrades and verify the condition of major systems.
4. Why is the living area ranking so much higher than the lot ranking?
This is common in older urban neighbourhoods. The home has 2,400 sqft of living space on a 3,807 sqft lot, meaning it’s a relatively large house on a smaller lot. Many newer homes in Winnipeg have larger lots but smaller interiors. This trade-off is typical for close-in neighbourhoods where land is at a premium.
5. How does this property compare to others on Canora Street specifically?
On the street, it ranks in the top 25% for living area, top 28% for lot size, top 30% for assessed value, and around the middle for year built. So it’s one of the bigger homes on the block, with a value that reflects that—but it’s not an outlier. It fits in well with the character of the street.