61.7
Fair
Property score
61.7
Fair
Overall 61.7
Smaller but newer than most nearby homes
1,195 sqft (bottom 22%)
Built in 1931 (15 yrs newer than avg)
Located in a high-income area
with median household income of ~93k
Transit 82.0
8-min walk to transit with 5 nearby routes
Within 500m: 1 dining spot, 1 school, 4 parks, and 1 sports facility nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Above average
15 yrs newer than neighborhood avg.
Mother tongue
English · 85%French · 3%
61.7 is composed by the two sections below.
Property Score
Community Score
Past 10 years Wolseley sales snapshot (~80% of all data)
820
382.5k
$285/sqft
1916
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
The real estate market is turning around
In Winnipeg this week (May 24), over-asking sales are dropping quickly.
Sales-to-New-Listings
1,465
sold
2,307
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
39 of 75 sold above asking · MLS Winnipeg sold listings 2026-05-18 – 2026-05-24
With a Sales-to-New-Listings ratio of 63.5% and 52% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Wolseley
How to read: Share of sales in each ~$50k price band for “wolseley” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110652
$93K
Median household income
$107K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
32%
Single-person households
29%
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
1031 Palmerston Avenue — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 475 m), 1 education (nearest 221 m), 4 parks (nearest 59 m).
Wolseley · WPS public data · 2026
Annual incidents
34
2026
vs. city avg
+15%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
68%
Local garbage, recycling, and yard waste pickup schedule for 1031 Palmerston Avenue.
Garbage
friday
Recycling
friday
Yard Waste
friday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 18% | Bottom 47% | Bottom 48% |
We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 1031 Palmerston Avenue. No advertising. Data source details →
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1,195 sqft home built in 1931, located in Winnipeg’s Wolseley neighbourhood, sitting on a 2,726 sqft lot. Its assessed value is $384,000.
The property’s most notable feature is its age. At 1931, it’s older than most homes on its street and significantly older than the citywide average (1966). In Wolseley specifically, it ranks in the top 7% for age—meaning this is one of the earlier-built houses in a neighbourhood already known for its vintage character. For someone who values pre-war craftsmanship, established landscaping, or a home with a story, this is a meaningful detail.
The living area is below average for the street and neighbourhood, but right around average for the city. The lot is notably small: ranked 76th out of 77 homes on Palmerston Avenue, and well below both the neighbourhood and city averages. That will appeal to buyers who want lower-maintenance outdoor space and aren’t looking for a large yard.
The assessed value sits below the street average but is consistent with the neighbourhood and city medians. In other words, you’re not paying a premium for the street’s higher-end homes—this property is priced more in line with the broader area.
This home would suit a buyer who values older character, doesn’t need a large lot, and is looking for a reasonably priced entry into Wolseley. It may also appeal to someone who wants a renovation project in a neighbourhood with established bones, without the premium attached to larger or more updated homes on the same street.
1. How does this home compare to others on Palmerston Avenue?
It’s smaller in both living area and lot size than most homes on the street, and its assessed value is significantly lower than the street average of $588,400. However, it’s also older than most, which may appeal to buyers seeking pre-war character.
2. Is this a good investment for the Wolseley neighbourhood?
The assessed value is in line with the neighbourhood average, and the home’s age places it among the older properties in the area—something that can hold or gain value if maintained well. The small lot may limit resale appeal for some buyers, but it also keeps the entry price lower.
3. How much yard space does this property actually have?
The lot is 2,726 sqft, which is well below average for the street (5,522 sqft), the neighbourhood (3,434 sqft), and the city (6,570 sqft). It’s a compact lot, suitable for buyers who want outdoor space without the upkeep of a larger yard.
4. What does “top 7% for year built” actually mean in Wolseley?
It means only about 7% of homes in the neighbourhood are older than this one. Wolseley is known for its older housing stock, so this property is among the earlier-built homes in an already character-rich area. That can be a plus for preservation-minded buyers.
5. Is the assessed value likely to go up?
The assessed value is already close to the neighbourhood and city averages, and below the street average. Future changes will depend on renovations, market conditions, and comparable sales. The smaller lot and living area may cap upside relative to larger homes, but the older character and neighbourhood desirability offer some stability.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
