315 Aubrey Street

315 Aubrey Street – Property Summary

Key Characteristics & Buyer Profile

This is a 1911-built home in Wolseley with 1,440 sqft of living space on a 3,003 sqft lot. Its standout feature is the assessed value: $470,000 ranks in the top 3% on Aubrey Street and the top 14% in the neighbourhood. That’s significantly above the street average of $320,500 and the neighbourhood average of $371,300. The living area is also above average for the street (top 23%), though it sits closer to the middle range for Wolseley and Winnipeg as a whole.

The lot is on the smaller side—below average for the street, neighbourhood, and especially the city (where the average comparable lot is over 6,500 sqft). Being built in 1911 puts it around the median for Aubrey Street and Wolseley, but well older than the citywide average of 1966.

Where the appeal lies: The value is in the property’s strong assessment relative to its size. This suggests a well-maintained or updated home in a desirable pocket of Wolseley, where smaller lots and older homes command a premium. It’s not a house that impresses with acreage or modern construction, but it likely offers character, location, and solid bones.

Who it suits: Buyers who prioritize a prime Wolseley address and are willing to trade lot size and a newer build for a higher-value, established home. It may also appeal to those looking for a property with strong appraisal potential—useful for future refinancing or resale. Less suited for families wanting a large yard or buyers seeking a move-in-ready newer build.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
   The assessment of $470,000 is elite for Aubrey Street (top 3%) and well above the street average of $320,500. It’s also above average for Wolseley (top 14%) and the city (top 25%). This suggests the home has features or condition that push its value notably higher than most comparable properties.

2. Is the living space considered large for the area?
   At 1,440 sqft, it’s above average for Aubrey Street (top 23%) but around average for Wolseley and the city. It’s a comfortable size, but not unusually spacious for the neighbourhood.

3. Why is the lot size ranked so low?
   The 3,003 sqft lot is below average on Aubrey Street (top 75%), in Wolseley (top 67%), and significantly below the citywide average. This is common in older, inner-city neighbourhoods where lots are smaller and more irregular. It’s a trade-off for being in a mature, walkable area.

4. Does the age of the home (1911) affect its value or appeal?
   The home is older than most in Winnipeg (top 93% of homes are newer). However, on Aubrey Street and in Wolseley, it’s around the median age. Many buyers in this area expect older character homes, so the year built isn’t a disadvantage—but it does mean potential upkeep and system updates may need attention.

5. What is the neighbourhood like?
   Wolseley is an established, tree-lined neighbourhood known for its historic homes, walkability, and community feel. The property is on a street where most homes rank well above average for assessed value, indicating a desirable pocket within the area. Lot sizes here are typically modest, so this home fits the neighbourhood norm.