760 Westminster Avenue – Property Summary
Key Characteristics & Buyer Suitability
This is a 1910-built home in Wolseley with 1,844 square feet of living space on a 3,599 sqft lot. Its appeal lies in the living area and assessed value relative to its surroundings. On the street, it ranks in the top half for size and top 12% for assessed value—suggesting more interior space than most neighbours, and a valuation that reflects that. Citywide, the living area places it in the top 16% of comparable homes, which is strong for an older neighbourhood. However, the lot is below average for the street and citywide, and the house itself is older than most homes in Winnipeg. This creates a trade-off: you get generous interior space and a solid valuation, but a smaller-than-expected yard and an early-1900s build that may need updating. The home would suit buyers who prioritise interior square footage and a central location over outdoor space or a newer structure. It’s less ideal for someone seeking a large, private lot or a move-in-ready modern home.
Five Possible FAQs
1. How does the lot size compare to other properties in Wolseley?
Above average for the neighbourhood (top 29%), but below average for the specific street (top 74%) and well below the citywide average. So the lot is fine for the area, but don’t expect a sprawling yard.
2. Is the assessed value higher than what similar homes sell for?
The assessment of 451k is above the street average (379k) and neighbourhood average (371k), and slightly above the citywide average (390k). That reflects the larger living area. Whether it matches market price depends on condition and recent sales, but the assessment suggests it’s a higher-value property within the area.
3. How old is this home, and is that typical for Wolseley?
Built in 1910. That’s a bit older than the street and neighbourhood averages (1922 and 1916 respectively), and significantly older than the citywide average of 1966. In Wolseley, many homes are from the early 1900s, so its age is not unusual for the area—just worth noting if you’re budgeting for older systems or renovations.
4. How does the living area compare to homes on the same street?
It’s 1,844 sqft, which is above the street average of 1,750 sqft (top 50%). On a street with only 34 comparable homes, that’s a decent size but not the largest. You’re getting more interior space than most neighbours, but the street is fairly mixed.
5. What does the ranking data actually mean for a buyer?
It gives you a quick way to see how this property stacks up against others in three concentric circles: the street, the neighbourhood, and the entire city. For example, the living area is top 16% citywide but only top 50% on the street—meaning the street itself has larger-than-average homes. The rankings help you judge if the property is over- or under-sized relative to its immediate and broader contexts, which is useful for resale value and fit.