766 Westminster Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,176 sqft home built in 1941, located on Westminster Avenue in Winnipeg’s Wolseley neighbourhood. What stands out most is the year built: it’s one of the older homes on the street (top 15%), and an exceptional fit within the neighbourhood (top 5%). That’s a meaningful detail for buyers who prioritize pre-war character, established construction, or a street with older, more established housing stock.
The assessed value of $345,000 is below the street average of $379,000 and roughly in line with neighbourhood and city medians. The living area is smaller than most nearby homes—ranking 29th out of 34 on the street—but sits close to the citywide average. The land area (2,556 sqft) is notably compact for both the street (bottom 10%) and the city (bottom 6%).
This property would appeal most to a buyer who values older construction and a central Wolseley location over square footage or a large yard. It’s a good match for someone looking for a more modestly sized, character-era home in a sought-after neighbourhood, without paying a premium for extra space or a big lot. It may also suit an investor or renovator who sees potential in updating a smaller home on a street where larger properties command higher values.
Frequently Asked Questions
1. How does this home compare to others on Westminster Avenue?
It’s smaller in both living area and lot size than most nearby homes, and its assessed value reflects that. However, it’s one of the oldest houses on the street, which can be a positive for those seeking pre-war character.
2. Is the assessed value of $345,000 a fair estimate?
Compared to the street average ($379k) and citywide average ($390k), it’s below both. That may indicate a more affordable entry point into Wolseley, but interested buyers should still verify through a home inspection and recent sale comparisons.
3. Why is the year built considered a strength here?
Being ranked in the top 5% within Wolseley means the home was built earlier than nearly all others in the area. For some buyers, that suggests a higher likelihood of original detailing, mature trees, or solid older construction—though it also means older systems that may need attention.
4. How does the small lot affect usability or value?
At 2,556 sqft, the lot is significantly smaller than the citywide average of 6,570 sqft. That limits outdoor space but also likely results in lower maintenance and a smaller footprint in a denser part of the street. It may not suit families wanting a large yard, but could be fine for singles, couples, or those prioritizing location over land.
5. How does Wolseley compare to other Winnipeg neighbourhoods for this type of home?
Wolseley is known for older, character-rich homes, and this property fits that profile. The living area and lot size are below the neighbourhood average, so the home is more compact than typical Wolseley stock—but the early construction date is a standout even within this area. Buyers should weigh the smaller footprint against the neighbourhood’s reputation and walkability.