Here is a clean, standalone summary of the property at 528 Stiles Street.
Key Characteristics & Buyer Profile
This is a compact, century-old home (built in 1910) with 812 square feet of living space and a 2,194 sqft lot. The property ranks below average across nearly every metric compared to its street, neighbourhood, and city—meaning it is a smaller, more modest house on a smaller lot than most of its peers. The assessed value of $262k is also below the averages for the area.
The main appeal here is the price point relative to the Wolseley neighbourhood. You are buying into a desirable, established central area of Winnipeg for less than what most homes in the district cost. The trade-off is space: you get less square footage, an older structure, and a compact lot. It suits a buyer who prioritizes location over size—someone who values walkability and the character of the area but is willing to compromise on interior square footage, yard space, and modern updates. This is not a "fixer-upper with potential" in the sense of a large blank canvas; it is a small house that is likely best suited for a single person, a couple, or someone looking for an entry point into the neighbourhood with realistic expectations about space.
Frequently Asked Questions
1. Why is the property ranked "below average" in almost every category?
Rankings are relative to all comparable homes on the same street, in Wolseley, and in all of Winnipeg. The house has less living area (812 sqft vs. a city average of 1,342 sqft), a much smaller lot (2,194 sqft vs. a city average of 6,570 sqft), and a lower assessed value. It is not a "bad" property—it is simply a more compact, more affordable version of what is typical.
2. Is the low assessed value a good sign or a bad sign?
It is neutral. A lower assessment means lower property taxes, which is a financial benefit for the owner. However, it also indicates that the home has less market value compared to its neighbours. For a buyer, it means you get a lower entry cost into the area, but you should not expect rapid appreciation relative to the larger, more expensive homes around you.
3. The home was built in 1910. Is that a concern?
Not inherently, but it is a factor. Many homes in Wolseley are from this era. The age means you should expect older infrastructure (e.g., knob-and-tube wiring, cast iron plumbing, or settling foundations) unless they have been updated. A home inspection is essential to understand the actual condition of the mechanicals and structure, regardless of the year built.
4. What type of buyer would this not suit?
It would not suit a family needing multiple bedrooms or a home office, someone who wants a large backyard for gardening or dogs, or an investor flipping for profit who needs square footage to drive resale value. It is also less ideal for someone who wants a "move-in ready" modern home, as the size and age likely require some openness to compromises or updates.
5. How does the lot size compare to typical houses in the city?
The lot is 2,194 sqft. The citywide average for comparable homes is 6,570 sqft. This places the property in the bottom 1% of all Winnipeg properties for lot size. You will have very little yard space—essentially a small footprint with no real backyard depth. This is fine for low-maintenance living, but it is a significant constraint for anyone wanting outdoor space.