Property Summary: 799 Wolseley Avenue
Key Characteristics & Buyer Profile
This is a 1909-built home with 1,540 sq ft of living space on a 3,617 sq ft lot, located in Winnipeg’s Wolseley neighbourhood. What stands out here is how the property compares relative to different scales: the living area is about average for the street and neighbourhood, but above average citywide—meaning you get more interior space than many Winnipeg homes, though not an unusual amount for Wolseley itself. The lot, however, flips that dynamic: it’s above average for the neighbourhood (top 29%) but below average for the street and city, suggesting the property holds its own locally in terms of outdoor space, even if the lots on Wolseley Avenue tend to be larger.
The assessed value is $322k, which is below the street average ($514.7k) but close to neighbourhood and city averages. This may reflect the home’s age and condition relative to pricier neighbours, rather than a deal in disrepair. The year built (1909) is notably older than most comparable homes on the street, in the neighbourhood, and citywide—this is a character home in a neighbourhood known for older housing stock.
The appeal is in the balance: a property that feels spacious inside relative to the broader city, with a decent-sized lot for the area, but priced below many of its immediate neighbours on Wolseley Avenue. It’s not a standout in any single category, but it sits in a comfortable middle ground—above average in some respects, average in others.
Who it suits: Buyers who want a character home in an established central neighbourhood, are comfortable with a 115-year-old structure (and the maintenance that comes with it), and are looking for more living space than typical Winnipeg homes offer without paying a premium for the street’s higher-end properties. It’s less suited for someone seeking a move-in-ready modern home or a large lot.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The assessed value of $322k is significantly below the average on Wolseley Avenue ($514.7k), placing it in the bottom 21% of homes on that street. But compared to the broader Wolseley neighbourhood and citywide, it’s around average—ranking in the 37th percentile locally and 36th citywide. So while it’s priced lower than many homes on its own street, it’s fairly typical for the area overall.
2. Is a 1909 home likely to have major issues?
At 115 years old, the home predates modern building codes. Expect older plumbing, electrical, and potentially foundation or insulation concerns. The data suggests it’s older than 95% of comparable homes citywide, so it’s not just old—it’s old for Winnipeg. A thorough home inspection is essential, and you should budget for ongoing updates.
3. How does the lot size actually feel for this home?
The lot is 3,617 sq ft. That’s above average for Wolseley (top 29%), so it’s roomier than many neighbouring properties. But it’s below average for the street and city, meaning you’ll have a decent yard by local standards, but it’s not sprawling. It likely offers space for a garden, small shed, or patio without being overwhelming to maintain.
4. Why is the assessed value lower than the street average?
Wolseley Avenue itself has a mix of homes, and the street average is pulled up by larger or more updated properties. This home’s older age, smaller living area (1,540 sq ft vs. 1,858 sq ft street average), and smaller lot (3,617 sq ft vs. 5,947 sq ft street average) all contribute to the lower assessment. It’s not unusual for a street with a wide range of property values.
5. What does the ranking data actually tell me about value?
The rankings show how this home stacks up against “comparable” homes—those similar in type, not identical. The living area is top 28% citywide, meaning it’s larger than most Winnipeg homes in its class. But the assessed value is only top 64% citywide, and year built is bottom 5%. This creates a trade-off: you’re getting above-average space for below-average price relative to newness. The value proposition leans toward space over modernity.