6 Ruby Street – Property Summary
Key Characteristics & Buyer Fit
This home sits on an unusually large lot for Ruby Street in Wolseley. At 3,555 square feet, the land area ranks in the top 6% on the street and top 30% in the neighbourhood—a meaningful advantage in an older, established area where larger lots are uncommon. The house itself was built in 1946, making it newer than the vast majority of its neighbours; it ranks in the top 5% on Ruby Street and top 3% in Wolseley, where the typical home dates to 1916.
The living area is 1,248 square feet, which is below the street and neighbourhood averages but essentially on par with the citywide median for comparable homes. The assessed value of $391,000 is slightly above the local averages, reflecting a premium for the newer construction and lot size rather than interior square footage.
The appeal lies in the land-to-building ratio. Buyers who want a Wolseley location but are looking for a home that doesn’t require the maintenance of a century-old house will find this unusual: a 1940s build on one of the bigger lots in the area. It suits someone who values outdoor space and a more recent structure over maximum interior square footage, or a buyer who sees potential to add living area on an already strong lot. It’s less suited to someone seeking a large, move-in-ready interior or who wants a property with citywide average land (which is significantly larger, often in newer subdivisions).
Five Possible FAQs
1. How does the lot size compare to other homes in Wolseley?
It’s above average. The lot is 3,555 sqft, ranking in the top 30% neighbourhood-wide. On Ruby Street specifically, it’s in the top 6%, so it stands out among nearby homes.
2. The house was built in 1946. Is that considered old for this area?
Not by Wolseley standards. Most homes in the neighbourhood were built around 1916, so this is actually one of the newer houses in the area. Citywide, however, the average home is from 1966, so it’s older than that benchmark.
3. Why is the assessed value slightly above average if the living area is below average?
Assessed value factors in more than just square footage. The newer construction and larger-than-average lot both add value. The home effectively trades interior space for land and a more recent build, which the market prices accordingly.
4. Could the living area be expanded on this property?
That would depend on zoning and permits, but the land area is generous for the street and neighbourhood. If a buyer wanted to add square footage, the lot provides more flexibility than most nearby properties.
5. How does this home compare to a typical starter home in Winnipeg?
It’s smaller inside than many starter homes citywide, which average 1,342 sqft. But the lot is well below the city average of 6,570 sqft—that’s because Winnipeg’s overall average is pulled up by newer, larger suburban lots. In the context of an inner-city neighbourhood like Wolseley, this lot is large and the home is relatively recent.