520 Stiles Street

Property Overview

This 1910 one-and-three-quarter storey home in Wolseley offers a blend of historic charm and practical updates. Its key appeal lies in its generous 2,194 sqft lot, which ranks in the top 2% of the neighbourhood for size, providing rare outdoor space and potential in a mature, sought-after area. The home itself features a renovated basement and a living area of 1,106 sqft that is above average for the immediate street. While it lacks a garage, its assessed value has remained stable and in line with recent sale prices.

This property would suit a buyer who values character and land size over a modern, turn-key home. It’s ideal for someone with a vision for gradual updates or who appreciates the established gardens and community feel of Wolseley. The data suggests it’s a solid, grounded option rather than a luxury offering, appealing to first-time buyers or downsizers seeking an authentic inner-city lifestyle without a premium price tag. A thoughtful perspective is that its older construction year (1910) is actually ranked newer than 95% of Winnipeg homes, highlighting the city's historic housing stock and this home's relative place within it.

Frequently Asked Questions

How does the lot size compare to others?
The 2,194 sqft lot is a significant feature, ranking larger than 98% of properties in the Wolseley neighbourhood, which is notable for an inner-city area.

What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the extent or finish. This would be a key point for buyer due diligence to understand the quality and permitted use of the space.

Is the assessed value in line with the asking price?
The current assessed value is $31.30k, which is very close to its last sale price of $29.60k in late 2020. This indicates stable municipal valuation, though the market sale price will be determined by current conditions.

What are the implications of having no garage?
This is common for homes of this era in Wolseley. Buyers should consider on-street parking permits, local parking patterns, and the potential cost or feasibility of adding a rear lane garage in the future, subject to bylaws.

How does this home rank for living space?
With 1,106 sqft of living area, it ranks above average (top 45%) on its own street but slightly below the neighbourhood average (top 20%). This suggests it offers comfortable space for its setting, but is not among the largest homes in wider Wolseley.