460 Telfer Street S – Property Summary
Key Characteristics & Buyer Fit
This is a 1911-built home in the Wolseley neighbourhood, with 1,212 square feet of living space on a 2,465-square-foot lot. Its assessed value is $307,000.
The home’s main appeal is its relative affordability within a popular central Winnipeg neighbourhood. Compared to other properties on Telfer Street, it sits comfortably in the middle—slightly above average for living area and assessed value. However, it falls well below the neighbourhood averages for lot size and living area when measured against Wolseley as a whole. The lot is notably small, even by Wolseley standards, and the house is older than most citywide.
This property would best suit a buyer who values location over space—someone looking for a more modest entry point into a desirable area without expecting a large yard or a recently updated structure. It’s less suited to families wanting a big lot or a move-in-ready modern home. Renovators or buyers comfortable with an older home’s quirks may find the assessed value attractive relative to the street.
Frequently Asked Questions
1. How does this home compare to others on the same street?
It’s around average for both living area (ranked 34th out of 82 homes) and assessed value (33rd out of 82). It’s older than the street average (1911 vs. 1923) and has a smaller lot than most.
2. Is the lot size typical for Wolseley?
No. At 2,465 square feet, it’s below the Wolseley average of 3,434 square feet and ranks in the bottom 16% of the neighbourhood. Citywide, the lot is in the bottom 3%.
3. Why is the assessed value lower than the neighbourhood average?
The Wolseley average assessed value is $371,300. This home’s smaller living area and lot size are the main factors pulling its value lower, despite being reasonably priced for its street.
4. Is the 1911 build a concern?
It’s older than most homes in Winnipeg (average citywide build year is 1966), but not unusual for Wolseley, where many homes date from the 1910s-1920s. Buyers should budget for potential older-home maintenance items like wiring, plumbing, and insulation.
5. How does the living space feel compared to other homes citywide?
At 1,212 square feet, it’s just under the citywide average for comparable homes (1,342 sqft) and sits in the top half of all Winnipeg homes. It’s not small, but it’s below the Wolseley neighbourhood average of 1,622 square feet.