1 Lenore Street, Winnipeg

What to Know

This is a 1912 home in Wolseley with 1,255 square feet of living space on a 2,817-square-foot lot. Its assessed value is $232,000.

The property's main draw is its age and character—it’s older than most homes on its street and in the neighbourhood, built before the local average of 1917 and well before the citywide median of 1966. That makes it a candidate for someone looking for a pre-war house with original bones, not a renovated or modernized flip.

Where the trade-off shows is in size and value. The living area is small relative to other homes on Lenore Street (bottom 8%) and in Wolseley (bottom 27%), though it’s close to the citywide average for comparable homes. The assessed value is notably low—it ranks near the bottom of the street, the neighbourhood, and the city. That suggests modest finishes, limited updates, or a smaller footprint relative to its peers. The lot is also compact by city standards, though typical for the immediate area.

This property would suit a buyer who values an older Wolseley address and is comfortable with a smaller home and lot—someone who might renovate gradually, or who simply doesn’t need much space. It’s less suited for someone seeking a move-in-ready home with room to grow or strong resale value in the near term.

Frequently Asked Questions

1. How does the assessed value compare to what homes actually sell for in Wolseley?
Assessed value is a lagging indicator, not a market price. In a neighbourhood like Wolseley, where character homes can sell above assessment if updated or below if dated, this property’s low assessment likely reflects its current condition and smaller size. You’d want to check recent sales on Lenore Street specifically.

2. Is a 1912 home likely to have knob-and-tube wiring or other outdated systems?
It’s common for a home of this era. You should verify the electrical, plumbing, and foundation condition. Original plaster walls, lead paint, and asbestos in floor tiles or insulation are also possible. None of these are dealbreakers, but they affect renovation costs and insurance.

3. The lot is small by city standards—what does that mean for yard space or additions?
At 2,817 square feet, it’s a standard urban lot for inner-city Winnipeg. You won’t have a large backyard, and any addition would need to comply with zoning setbacks. For someone who values a garden or outdoor space, it’s worth noting the lot is slightly below the Wolseley average.

4. How does living area of 1,255 square feet compare to a typical two-bedroom vs. three-bedroom home in the area?
It’s on the smaller side for a three-bedroom house. In Wolseley, many homes from this period are around 1,500–1,800 square feet. This size is more typical of a two-bedroom or a small three-bedroom with compact rooms. It may lack a formal dining room or extra den.

5. What does “ranked #117 out of 118 on the street” for assessed value actually mean?
It means that out of 118 comparable homes on Lenore Street, only one has a lower assessed value. This doesn’t necessarily mean the house is in poor condition—it could be smaller, have fewer updates, or sit on a smaller lot. But it does suggest this is one of the more affordable options on the street, which could limit financing or resale options if you overimprove.