Property Overview & Appeal
This two-and-a-half storey home in Wolseley is a classic character property with significant space and a strong sense of established community. Its key appeal lies in the combination of generous proportions and a desirable location. With over 2,350 square feet of living space, it ranks in the top 4% of Winnipeg for size, offering ample room for a growing family, a home office, or creative pursuits. The home features an attached garage and a renovated basement, adding modern practicality to its early 1900s charm. Situated on a good-sized lot, it sits within a top-tier street ranking for the area.
The property would suit buyers looking for a substantial, "bones-good" character home in a walkable, central neighbourhood, who value space over a brand-new build. It’s ideal for those who appreciate the established gardens and mature streetscapes of Wolseley and are prepared to steward a piece of local history, potentially updating interiors to their taste over time. A less obvious perspective is its strong ranking for assessed value on its street and in the neighbourhood (top 7-10%), which can indicate a solid foundation of perceived worth within the immediate community, not just the city at large.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, ceiling height, permitted uses, and whether it includes a separate entrance or bathroom to understand its full potential.
2. How does the assessed value relate to the asking price?
The assessed value is for municipal tax purposes and is typically lower than market value. The provided figure offers a baseline for understanding its tax bracket and relative worth compared to neighbours, but the sale price will be determined by current market conditions.
3. The home is over 100 years old. What should I consider?
While offering immense character, a home of this age requires careful attention to major systems. Prospective buyers should prioritize inspections for the foundation, roof, plumbing, electrical, and heating to understand any needed updates or ongoing maintenance.
4. The living area is large, but how is the layout?
The square footage is a significant asset. However, older homes can have compartmentalized room divisions. Viewing the property is essential to see if the flow suits modern living or if any reconfiguration is desired to maximize the ample space.
5. Why are the comparable nearby properties so varied in value?
The list shows a wide range of assessed values, from $31,900 to $250,000 on the same street. This is normal for established neighbourhoods and reflects differences in lot size, condition, renovation levels, and specific location. It highlights the importance of evaluating this specific property on its own merits.