Property Summary: 1030 Palmerston Avenue

Key Characteristics & Buyer Profile

This is a 2020-built home with 2,102 square feet of living space on a 4,513-square-foot lot, located in Winnipeg’s Wolseley neighbourhood. What stands out most is how new it is compared to everything around it. The house ranks 1st out of 77 homes on Palmerston Avenue by build year, and 3rd out of 2,349 in Wolseley—a neighbourhood where the average home was built in 1916. That alone makes it an outlier in a district known for its older character housing stock.

Its assessed value of $883,000 ranks in the top 2% citywide and top 1% within Wolseley. The living space is also generous—top 8% across Winnipeg and top 17% in the community. The lot is modest relative to the street (mid-pack on Palmerston) but still above average for the neighbourhood as a whole, where lots tend to be smaller.

Where the appeal lies: The home offers a rare combination of modern construction and established, walkable neighbourhood character. Buyers get a brand-new build without leaving the core area or dealing with the compromises that often come with infill—small lots, awkward floor plans, or an out-of-place design. Because the surrounding homes are mostly pre-war, the contrast itself becomes a selling point for those who value privacy, energy efficiency, and low maintenance but don’t want a suburban location.

Who it suits:

• Buyers relocating from outside Winnipeg who want a newer home but need to be close to downtown or the university areas.
• Families or professionals who prefer not to take on the renovation timelines and uncertainty associated with older Wolseley properties.
• Anyone looking for a house that already reflects current building standards—insulation, wiring, layout—without needing updates for another decade or more.
• Empty nesters downsizing from a larger suburban home but not ready for a condo.

Five Possible FAQs

1. Is the assessed value of $883,000 a reliable estimate of market price?
Assessment values in Winnipeg are based on condition and comparable sales, but they often lag behind the market—especially for newer homes in older neighbourhoods. This property’s assessment rank (top 1% in Wolseley) is useful for understanding relative position, but the actual sale price will depend on how many similar new homes are available nearby at the time of listing. There aren’t many, which works in the seller’s favour.

2. How does a 2020 build fit into a neighbourhood like Wolseley, where most homes are from the 1910s?
It stands out, but not necessarily in a negative way. Wolseley has long had a mix of older homes and newer infill, especially along its main corridors. The key is whether the house fits the streetscape in terms of scale and setback. Most Wolseley buyers are already aware that new builds exist here—they’re just uncommon enough to be a distinct option rather than the norm.

3. Why is the lot ranked lower on Palmerston Avenue than in the wider community?
Palmerston itself has larger-than-average lots for Wolseley—5,522 sqft average versus 3,434 sqft for the neighbourhood. So while 4,513 sqft is above average for Wolseley (top 10%), it’s only mid-range for this specific street. If lot size matters to you, it’s worth walking the block to see whether neighbouring properties feel noticeably more spacious.

4. What does “排名前1%” really mean for the build year?
It means out of 2,349 homes in Wolseley, only two are newer. That’s a very small pool. Practically speaking, if you want a recently built home in this neighbourhood, this is one of very few options. The trade-off is that you’re paying a premium for newness in a market where most comparable sales will be for much older homes—so appraisals and financing can sometimes require extra documentation.

5. Is this house considered large for Wolseley?
Yes. The average living area in the neighbourhood is about 1,622 sqft, so 2,102 sqft is noticeably above that. It’s not oversized or mansion-like, but it’s spacious for the area. If you’re coming from a newer suburban home of 2,500+ sqft, it may feel slightly compact by comparison—but within the context of an urban neighbourhood, it’s generous.