This is a 1912-built home with 1,120 sq. ft. of living space on a 2,196 sq. ft. lot, located in Winnipeg’s Wolseley neighbourhood. The property sits slightly below the average floor area for its own street, but its assessed value (322k) is slightly above the street average, reflecting a fair price relative to immediate neighbours. The lot is generous by street standards, ranking in the top quarter on Craig Street, but smaller than typical for Wolseley or the city as a whole. That said, it’s a relatively old house even by neighbourhood standards—built in 1912, when the average on the street is 1915—meaning it holds some of the original character people look for in Wolseley, without being the oldest on the block.
Where this property appeals is in its combination of age, modest size, and lot. It’s not a standout in any single metric, but it’s consistent and sits in a desirable older neighbourhood with walkable streets and established trees. Buyers who would suit this home are likely those who value location and character over square footage. It’s not ideal for someone needing a large yard or a modern open floor plan. Instead, it fits someone looking for a manageable house in a well-regarded area, possibly a first-time buyer wanting to avoid suburban sprawl, or someone downsizing who still wants a project with good bones.
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How does the property’s value compare to others on its street?
The assessed value is slightly above the street average, placing it in the top 36% of homes on Craig Street. This suggests the home is priced competitively relative to immediate neighbours, without being overvalued.
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Is the lot size a concern for buyers?
It depends on expectations. The lot is above average for this particular street but well below average for Wolseley and far below the citywide average. If you want a large outdoor space for gardening or entertaining, this may feel tight. If you prefer low-maintenance outdoor living, it’s a good fit.
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What does the age of the home mean for renovations or maintenance?
Being built in 1912 means the home likely has older construction methods, materials, and possibly original features. Buyers should budget for ongoing upkeep, especially with electrical, plumbing, and insulation. That said, many homes in Wolseley this age have been updated in stages, so a pre-purchase inspection is wise.
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How does this home compare to other Wolseley listings?
Most homes in Wolseley are larger both in living space and lot size. This property is smaller than the neighbourhood average in both respects. Its value is also lower than the Wolseley average. So you’re paying less than the typical Wolseley home, but you’re also getting less space.
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Who would likely not want this home?
Anyone needing a large family home with a big backyard, or someone looking for a move-in-ready modern layout. The small lot and older structure could also discourage buyers who prefer new construction or dislike ongoing renovation projects. It’s also less suited for investors seeking high rental yield from a larger unit.