65 Home Street – Property Summary
Key Characteristics & Buyer Fit
This is a 1912 home in Wolseley with 2,121 square feet of living space on a 3,209-square-foot lot. The assessed value is $406,000.
The property’s strongest feature is its size. The living area ranks in the top 8% citywide and top 9% on its street, meaning it’s significantly larger than most comparable homes in Winnipeg. The lot, however, is on the smaller side—below average citywide, though typical for Wolseley. The assessed value is above average for the street and neighbourhood but sits around the city median, which suggests the value is tied more to the house itself than the land.
The house is over a century old, which places it in the older half of homes citywide (top 92% by age) but is fairly typical for Wolseley. Buyers should expect the quirks and maintenance that come with a pre-war character home: thicker plaster walls, possibly original woodwork, and a layout that may not be open-concept.
This would suit someone who wants generous interior space in a central, established neighbourhood and is comfortable with an older home. It’s less ideal for buyers focused on a large yard or a move-in-ready modern build. The combination of above-average living area and average assessed value could appeal to someone looking for square footage that hasn’t yet been fully priced into the market.
Frequently Asked Questions
1. How does this home compare to others on Home Street?
It’s in the top 9% for living area and top 11% for assessed value on the street. The average home on Home Street is smaller (1,388 sqft) and assessed lower ($242,700). So this property is notably larger and more valuable than most of its immediate neighbours.
2. Is the land size a concern?
It depends on your expectations. At 3,209 sqft, the lot is above average for Home Street but around average for Wolseley. Citywide, it’s well below the median of 6,570 sqft, which reflects Winnipeg’s many newer suburbs with larger lots. If you’re used to a post-war bungalow with a big backyard, this will feel compact. For Wolseley, it’s standard.
3. What does the year built mean for upkeep?
Being built in 1912 means the home predates modern insulation, wiring, and plumbing standards. Systems may have been updated over the years, but a thorough inspection is important. Many homes of this era have solid bones—old-growth wood framing, brick foundations—but will need ongoing attention to roofing, windows, and mechanicals. It’s part of the character, not necessarily a dealbreaker.
4. Why is the assessed value only “around average” citywide if the house is so large?
Assessed value reflects what the city estimates the property would sell for, factoring in both the house and the land. This home is large, but it’s on a smaller lot, and older homes often have lower valuations per square foot than newer builds. The assessed value of $406,000 is also being compared against all homes in Winnipeg, including newer ones in higher-demand areas. The property’s value is strong for its street and neighbourhood.
5. How does this property rank within Wolseley specifically?
In Wolseley, this home is in the top 16% for living area, top 27% for assessed value, and near the middle for year built and lot size. So it’s above average for interior space and value, but not an outlier in age or yard size. It’s a solid, larger-than-typical Wolseley home without being the biggest or most expensive on the block.