55.9
Fair
Property score
55.9
Fair
Overall 55.9
Smaller but newer than most nearby homes
920 sqft (bottom 7%)
Built in 1926 (10 yrs newer than avg)
Located in a high-income area
with median household income of ~93k
Transit 82.0
7-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
43% smaller than neighborhood avg.
Year Built
Above average
10 yrs newer than neighborhood avg.
Mother tongue
English · 85%French · 3%
55.9 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
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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
1061 Palmerston Avenue — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 445 m), 1 education (nearest 306 m), 4 parks (nearest 132 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 1061 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 6% | Bottom 35% | Bottom 42% |
We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 1061 Palmerston Avenue. No advertising. Data source details →
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1926 home in Winnipeg’s Wolseley neighbourhood with 920 sq ft of living space on a 3,262 sq ft lot. Its assessed value is $369,000.
Where the appeal lies: The property sits in a historically rich area, among older homes that give the street character. It’s not the biggest or most expensive on the block—that’s the point. The living space is below average for the street and neighbourhood, but it’s also modest compared to much of Winnipeg. For someone who values location and era over square footage, this could be a solid fit. The build year (1926) is older than the city average, but actually newer than many homes in Wolseley, placing it in the top 13% of the neighbourhood for age. That means it may have been built after the initial boom, possibly with slightly more modern bones.
What type of buyer it suits: Someone looking for an entry point into Wolseley without paying for a fully renovated showpiece. It’s likely a fixer-upper or a home that needs updating, but the assessed value is close to the neighbourhood average—suggesting it’s priced realistically for the area. Buyers who value walkability, mature trees, and a strong community feel over a large footprint will find this appealing. It’s less suited for those needing a lot of space or a large lot.
1. How does the living space compare to other homes in Wolseley?
It’s below average. The neighbourhood average is around 1,622 sq ft, so this home is roughly 43% smaller. That said, it’s not unusual for older homes in the area to be more compact.
2. Is the assessed value of $369,000 reasonable for the area?
Yes. It’s very close to the Wolseley average of $371,000 and slightly below the city average of $390,000. On the street itself, it’s well below the average of $588,000, largely because Palmerston Avenue has some larger, more expensive homes pulling that number up.
3. How old is the house, and has it been updated?
Built in 1926. The data doesn’t indicate specific renovations, but being newer than most homes in Wolseley (average 1916) could mean the original structure is in slightly better shape. Buyers should still budget for updates to systems, insulation, and finishes.
4. What is the lot size, and is that a limitation?
The lot is 3,262 sq ft, which is below the city average (6,570 sq ft) but close to the neighbourhood norm (3,434 sq ft). It’s typical for the area—not especially spacious, but enough for a small yard, garden, or patio. Street side, it’s significantly smaller than the Palmerston average of 5,522 sq ft.
5. Is this a good investment property?
Possibly, depending on your goals. The assessed value suggests it’s not overpriced relative to the neighbourhood. If purchased at or near assessment, there may be room for equity growth through improvements. However, the smaller square footage and lot size could limit resale appeal to a narrower buyer pool. It may work best as a starter home or rental in a sought-after neighbourhood, rather than a high-flip opportunity.
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