Key Characteristics & Buyer Profile
This 1913 home at 70 Ethelbert Street sits on a 3,748 sqft lot in Winnipeg’s Wolseley neighbourhood. Its standout feature is living space: at 2,435 sqft, it ranks in the top 5% within the community and the top 3% citywide. The assessed value of $546,000 is also well above local and city averages, placing it in the top 7% of Wolseley properties and top 13% citywide. The land itself is close to the street average but slightly below the city norm—typical for an older, established area.
The appeal here is a combination of generous interior square footage and a location with strong character. For buyers who prioritize room to spread out, particularly in a neighbourhood known for its tree-lined streets and older homes, this offers something most nearby properties don’t. At the same time, the land isn’t oversized—so this won’t appeal to someone looking for a large yard or future subdivision potential.
It’s best suited for buyers who value interior space over land, appreciate early-20th-century construction, and are comfortable with the maintenance and quirks that come with a home built in 1913. Investors or renovators may also take interest, given the size and the assessed value relative to the street. It’s less ideal for those seeking a move-in-ready modern finish or a large private lot.
Five Possible FAQs
1. How does this home compare to others on Ethelbert Street?
It’s one of the larger homes on the street (top 27% for living area) and has a higher-than-average assessed value (top 11%). The lot size is close to the street average.
2. Is the 1913 construction a concern?
Homes from that era often have solid framing and good bones, but buyers should expect older systems (plumbing, electrical, insulation) that may need updating. It’s worth budgeting for a thorough inspection.
3. Why is the assessed value significantly higher than the neighbourhood average?
Likely driven by the large living area and possibly original or well-maintained details. The home ranks in the top 7% of assessed values in Wolseley, which suggests above-average finishes or condition relative to the area.
4. Does the smaller-than-average city lot affect resale?
In Wolseley, where lots tend to be compact, this is typical. Buyers in this neighbourhood usually prioritise location and house character over land size. That said, the home will appeal to a narrower range of buyers than a property with a larger yard.
5. How does this home compare to others built around the same time?
It’s older than about 90% of homes citywide, but within Wolseley it’s fairly typical—many homes in the area were built in the 1910s. Being on the earlier side locally can be a plus for those seeking period details but may mean less modern infrastructure.