476 Dominion Street – Property Summary
Key Characteristics & Buyer Profile
This 1,248 sqft home, built in 1931, sits on a 3,974 sqft lot in Winnipeg’s Wolseley neighbourhood. On its own street (Dominion Street), it ranks in the top 25% for living space and top 6% for assessed value—meaning it’s one of the larger, more valuable homes on that particular block. However, compared to the wider Wolseley area, the living space is below average (top 73%), while its assessed value remains above average (top 22%).
The appeal lies in the balance: a property that stands out on its street without being oversized relative to the neighbourhood’s character. The lot is also generous by street and community standards (top 23% and 16%, respectively), but small by citywide norms—typical for an older, established inner-city area. Built in 1931, the home is newer than most in Wolseley (where the average is 1916) but older than the city average of 1966.
This property would suit buyers looking for a well-positioned home in a walkable, historic neighbourhood—someone who values a strong local street presence, a manageable yard, and a property that doesn’t feel overbuilt for its setting. It’s less suited to someone seeking a newer build or a large suburban lot.
Frequently Asked Questions
1. How does this property compare to others on Dominion Street specifically?
It ranks in the top 25% for living area and top 6% for assessed value, making it one of the larger and more valuable homes on the street. The lot is also in the top 23%. So relative to its immediate neighbours, it stands out.
2. Is the living space considered small for Wolseley?
Yes. The average living area in Wolseley is about 1,622 sqft, and this home is 1,248 sqft. It ranks in the bottom 27% for the neighbourhood, so it’s on the smaller side for the area.
3. Why is the assessed value high if the house is smaller than the community average?
Assessed value reflects factors beyond square footage—condition, lot size, location within the street, and recent comparable sales. This home sits on a lot that’s larger than the Wolseley average (3,974 vs 3,434 sqft), and its street ranking suggests a desirable block.
4. How old is this house compared to other homes in the city?
Built in 1931, it’s older than about 82% of homes citywide. However, it’s actually newer than most houses in Wolseley, where the median build year is 1916. So it’s older than the city norm, but newer than the neighbourhood norm.
5. Does the lot size offer any practical advantages?
At nearly 4,000 sqft, the lot is generous for both its street and community. It’s large enough for a garden, a small workshop, or off-street parking, without being the kind of oversized lot that requires heavy maintenance. It’s notably smaller than the city average (6,570 sqft), which is typical for older, denser neighbourhoods.