534 Dominion Street – Property Summary
Key Characteristics & Buyer Profile
This is a 1927 single-family home in Winnipeg’s Wolseley neighbourhood, with 1,232 sq ft of living space on a notably large 4,967 sq ft lot. The property sits on Dominion Street, where it ranks in the top 27% for living area and top 19% for assessed value—meaning it’s one of the larger, higher-valued homes on the block. Within the wider Wolseley area, however, the living space falls below average (the neighbourhood average is 1,622 sq ft), and the assessed value of $316,000 is close to the community norm. The lot size is a standout feature: it’s in the top 6% on the street and top 8% in Wolseley, giving this home more outdoor space than most nearby properties. The build year is roughly average for the street but newer than the typical Wolseley home, which tends toward earlier 20th-century construction.
The appeal here is a mix of solid interior space and a generous yard, in a character neighbourhood known for tree-lined streets and older homes. It suits buyers who want room to garden, extend, or simply enjoy a larger private outdoor area—without needing a massive house. Given the lot size relative to the home’s footprint, there’s potential for future expansion or a garage addition, depending on zoning. The property would likely attract those who value Wolseley’s walkability and community feel but want a bit more land than the area’s average offering. It’s less suited for someone seeking a large, modern interior or a move-in-ready contemporary finish.
Five Possible FAQs
1. How does this property’s assessed value compare to others on the same street?
The assessed value of $316,000 is above Dominion Street’s average of $286,000, placing it in the top 19% of homes on this block. It’s close to the Wolseley area average ($371,000) and below the citywide average of $390,000.
2. Is the living space considered large or small for the neighbourhood?
It’s smaller than the Wolseley average of 1,622 sq ft, but larger than the Dominion Street average of 1,126 sq ft. Citywide, it’s slightly below the average of 1,342 sq ft.
3. What’s notable about the lot size?
At nearly 5,000 sq ft, the lot is significantly larger than most on Dominion Street (average 3,790 sq ft) and in Wolseley (average 3,434 sq ft). It’s in the top 6% on the street and top 8% in the community, though it falls just below the citywide average for single-family lots.
4. How old is the house, and is that typical for the area?
Built in 1927, it’s slightly newer than the average Wolseley home (1916) and roughly average for Dominion Street (1933). It’s older than most homes citywide (1966 average), which is consistent with Wolseley’s character as an established, early-20th-century neighbourhood.
5. Is this property a good fit for someone looking to renovate or expand?
Potentially yes—the large lot offers more outdoor flexibility than many nearby properties, and the house’s age means it may be due for updates. However, any buyer should verify local zoning, setback rules, and heritage restrictions before making plans, as Wolseley has design guidelines for older homes.