Property score
38.2
Below average
Overall 38.2 · Smaller than most nearby homes
728 sqft (bottom 1%) · Built in 1924 (26 yrs older than avg)
Located in a average-income area with median household income of ~56k
Transit 92.0 · 2-min walk to transit with 9 nearby routes · Within 500m: 21 dining spots, 1 school, 2 healthcare facilitys, and 4 parks nearby
Living Area
Below average
45% smaller than neighborhood avg.
Year Built
Below average
26 yrs older than neighborhood avg.
Mother tongue
English · 78%Punjabi · 3%
Past 10 years West Wolseley sales snapshot (~80% of all data)
13
362.5k
$324/sqft
1950
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38.2 is composed by the two sections below.
Property Score
Community Score
West Wolseley
How to read: Share of sales in each ~$50k price band for “west wolseley” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110112
$56K
Median household income
$90K
Average household income
18%
Low income (LIM-AT)
0.4
Income inequality (Gini)
5.3
P90 / P10 ratio
50%
Single-person households
12%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
1561 Wolseley Avenue W — 33 amenities found within 500 m, across 8 categories, including 21 dining (nearest 138 m), 1 education (nearest 354 m), 2 healthcare (nearest 180 m).
West Wolseley · WPS public data · 2026
Annual incidents
5
2026
vs. city avg
-83%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Violent
100%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 9% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
This is a 1924 home with 728 sqft of living space and a 2,799 sqft lot, located on Wolseley Avenue West in Winnipeg. Its assessed value is $255,000.
The property’s main draw is affordability relative to its surroundings. The assessed value is significantly below the street average of $514,700 and the neighbourhood average of $386,400, placing it in the bottom tier for value in West Wolseley. For a buyer looking to enter a well-established, older inner-city neighbourhood at a below-market price point, this is a clear entry point. The home is also older than much of the city’s housing stock, but the year built is consistent with other homes on the same street, meaning it fits the area’s character rather than standing out as unusually dated.
The small living area and modest lot size will not suit everyone. The 728 sqft footprint is less than half the street average, and the lot is under 3,000 sqft—well below the typical 5,947 sqft for the street. In a neighbourhood where larger homes on bigger lots are common, this property offers a more compact, potentially lower-maintenance alternative.
Who it suits: First-time buyers who cannot afford the area’s median prices, downsizers who want to stay in West Wolseley without the upkeep of a large house, or investors looking for a lower-cost property in a desirable older neighbourhood with established character. It is less suited to families needing space or buyers seeking a home with typical street-level curb appeal or yard size.
1. Why is the assessed value so much lower than other homes on the same street?
The assessed value reflects both the small square footage and the modest land area relative to neighbours. Many homes on Wolseley Avenue W are larger, newer, or sit on bigger lots, which pushes the street average up. This property’s $255,000 assessment is in line with its smaller size and older condition, not necessarily a sign of major defects.
2. Is the house too small for a family?
At 728 sqft, it is comparable to a one-bedroom apartment with extra space. It may work for a couple or a single person, but most families would find it tight. Some buyers have turned similar-sized houses in the area into two-bedroom layouts, but that would require reconfiguring the existing floor plan.
3. How does the land size affect future use or resale?
The 2,799 sqft lot is below the neighbourhood average but not unusual for older infill lots in Winnipeg. It limits expansion possibilities—adding a garage or a large addition would be difficult. Buyers should expect a modest yard with limited privacy from neighbours. Resale will likely appeal to the same buyer profile: those prioritizing location over space.
4. What is the condition of a 1924 home? Should I expect major repairs?
The listing does not provide inspection details, but a home of this age typically has older electrical, plumbing, and foundation systems. Many 1920s homes in Wolseley have been updated over time, but some retain original features that may need attention. A pre-purchase inspection is strongly recommended, especially for knob-and-tube wiring, lead pipes, and foundation settling.
5. How does this property compare to other listings in West Wolseley?
Most homes in the area are larger and higher-valued, with median assessed values around $386,000 and average living areas over 1,300 sqft. This property is an outlier in terms of size and price. It offers a way into a sought-after neighbourhood for significantly less than typical entry points, but it also means accepting a smaller, older, and less updated home than what most buyers in the area are looking for.
