88 Ruby Street

88 Ruby Street — Property Summary

Key Characteristics & Buyer Profile

This 1912 home on Ruby Street offers 1,930 square feet of living space on a 3,045-square-foot lot. Size is its standout feature: it ranks in the top 13% city-wide for living area, well above Winnipeg’s average of 1,342 square feet. The assessed value of $471,000 places it in the top 10% on its street and top 14% within the Wolseley neighbourhood, reflecting above-average market positioning relative to comparable properties nearby.

The lot is modest by city-wide standards—ranking in the bottom 13%—but sits slightly above the street average. The home itself is older than most of Winnipeg’s housing stock (built in 1912 versus a city average of 1966), though it fits comfortably within Wolseley’s character, where the average build year is 1916.

Appeal lies in the space. Buyers who prioritize interior square footage over a large yard or a newer build will see clear value here. It would suit someone looking for a pre-war home with generous room sizes, particularly in a neighbourhood known for its older architecture, tree-lined streets, and walkable character. It may be less ideal for those wanting a large rear yard or a move-in-ready modern layout without renovation considerations.

Frequently Asked Questions

1. How does the living space compare to other homes in Wolseley?
It’s above average. The typical home in the neighbourhood measures around 1,622 square feet, so this property offers roughly 300 extra square feet. Within Wolseley, it ranks in the top 26% for living area.

2. Is the assessed value high for the street?
Yes. At $471,000, the assessed value is significantly above the Ruby Street average of $373,000. It ranks 11th out of 115 homes on the street—top 10%. This suggests the property is considered one of the more valuable homes in the immediate area.

3. The home was built in 1912—should I expect older systems or structure?
Generally, yes. While the build year is typical for Wolseley (average 1916), it is older than most homes city-wide. Buyers should anticipate potential updates needed for plumbing, electrical, insulation, and foundation work, depending on what’s been done already. A thorough inspection is strongly recommended.

4. Is the lot size a limitation?
It depends on expectations. The lot is 3,045 square feet—above the street average but slightly below the Wolseley average. City-wide, it’s on the smaller side. If you’re looking for a deep backyard or gardening space, this may feel tight. If you’re more focused on interior square footage and street presence, it’s likely fine.

5. How does this home rank compared to others in Winnipeg overall?
Living area is in the top 13% city-wide—strong. Assessed value is in the top 25%. However, the lot size ranks in the bottom 13%, and the build year is in the oldest 8% of homes. In short: it’s a spacious older home on a smaller-than-average lot, with a higher-than-average assessed value.