96 Walnut Street – Property Summary
Key Characteristics & Buyer Profile
This is a detached home in Winnipeg’s Wolseley neighbourhood, built in 1910. Its standout feature is interior space: the 2,125 sqft living area ranks in the top 11% on its street, top 15% in the community, and top 8% citywide. That puts it well above local averages across all three scales. The assessed value—$457,000—is also high relative to its immediate surroundings, ranking in the top 8% on Walnut Street and top 16% in Wolseley, though it drops to the top 27% citywide. The land is small for the area: 2,340 sqft, which is below average on the street, in the neighbourhood, and well below the city median. The house itself is older than most city properties (top 94% citywide by age), but that’s consistent with Wolseley’s housing stock.
The appeal here is interior volume on a compact lot. Buyers who value square footage for living, working, or entertaining will get more house per dollar of land—an uncommon trade-off in a neighbourhood where land tends to drive value. This property suits someone who wants generous indoor space in an established, walkable part of Winnipeg, without paying a premium for a large yard. It’s less suited if you need outdoor space, garage space, or a newer structure.
Frequently Asked Questions
1. How does this home compare to others in Wolseley?
It has significantly more living space than the neighbourhood average (2,125 sqft vs. ~1,622 sqft) and a higher assessed value than most. However, the lot is smaller than typical for the area (2,340 sqft vs. ~3,434 sqft). The build year is also slightly older than the neighbourhood median.
2. Is the assessed value of $457,000 the asking price?
No. The assessed value is used for property tax calculations. The actual market asking price may be different and isn’t provided here. Buyers should check current listings or consult their agent.
3. Why is the land so small relative to the house?
Homes in older, inner-urban neighbourhoods like Wolseley often have compact lots. Larger living areas were sometimes achieved through later additions that didn’t expand the footprint. You’re paying for interior square footage, not land area.
4. How do the property taxes compare?
Since the assessed value ranks high locally but is closer to average citywide, taxes are likely above the neighbourhood average but within a typical range for a home of this size in Winnipeg. A precise estimate would require the current mill rate.
5. Would this home appeal to families, downsizers, or investors?
Most likely families or professionals who need multiple rooms, a home office, or entertaining space but don’t need a large yard. Downsizers may find it spacious unless they’re specifically seeking single-floor living. Investors might weigh the strong interior specs against the smaller lot, depending on rental demand in Wolseley.