This 1911 home in Wolseley offers 1,950 sq. ft. of living space on a 3,032 sq. ft. lot. Its standout feature is its assessed value of $509,000, which ranks in the top 3% on Lenore Street and the top 9% within the neighbourhood. This suggests the home has been well-maintained or upgraded compared to others nearby. The living area is also above average, ranking in the top 25% on the street and top 12% citywide. The lot size and year built are more in line with typical local properties—the lot is slightly above the street average but below the neighbourhood and city averages, while the home’s age is typical for Wolseley but older than the citywide median.
The appeal lies in getting a relatively spacious home in a desirable, established neighbourhood, without paying a premium for a large yard or a newer build. The price-to-space ratio here is favourable for someone who values interior square footage over outdoor space or a modern construction date. This property would suit buyers who appreciate character homes in walkable, mature areas and who prioritize a larger-than-average floor plan over a big lot. It may be less ideal for those seeking a turnkey new build or a substantial yard for gardening or recreation.
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How does the assessed value compare to similar homes nearby?
The home is assessed at $509,000, which is significantly higher than the average of $359,700 on Lenore Street and $371,300 in the Wolseley neighbourhood. This places it in the top 3% on the street and top 9% in the area.
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Is the living space actually above average for the area?
Yes. At 1,950 sq. ft., it’s larger than the street average of 1,717 sq. ft. and the neighbourhood average of 1,622 sq. ft. Citywide, it ranks in the top 12% for living area among comparable homes.
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Why is the lot size listed as “Around Average” on the street but “Below Average” citywide?
The lot is 3,032 sq. ft., which is slightly larger than the street average of 2,946 sq. ft. but smaller than the neighbourhood average of 3,434 sq. ft. Citywide, typical lots in comparable homes are much larger, averaging 6,570 sq. ft., so it ranks in the bottom 12% by that measure.
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The house was built in 1911. What does that mean in practical terms?
It’s typical for Wolseley, where the average build year is 1916, but it’s older than most comparable homes citywide (average 1966). Buyers should expect original features and potential updates may be needed, but also likely a solid, historic construction style common to the area.
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What type of buyer would this home suit best?
Someone who wants a generously sized interior in a central, character-rich neighbourhood without paying extra for a large yard or a newer home. It’s well-suited for those who appreciate older homes and are comfortable with the maintenance that often comes with them.