112 Garfield Street S – Property Summary

What Makes This Property Stand Out

This is a 1925-built home in Winnipeg’s Wolseley neighbourhood, with 1,328 square feet of living space on a 3,294-square-foot lot. Its key strength is value relative to its immediate street. On Garfield Street, the property ranks in the top 22% for living area and top 18% for assessed value, sitting above the street average of 1,085 square feet and $269,300. That means you’re getting a larger, more valuable home than most of your immediate neighbours. The lot is also slightly above average for the street.

The trade-off is that these advantages diminish at the neighbourhood and city level. In Wolseley, the home is around average in size and value, and the lot is smaller than the neighbourhood norm of 3,434 square feet. Citywide, the lot is well below average (most Winnipeg homes sit on much larger parcels). The home’s age is a double-edged sword: it’s older than the citywide average (1966), but within Wolseley it’s newer than many surrounding homes, which tend to date from around 1916. This suggests the house may have been updated or rebuilt relative to its peers.

This property would suit a buyer who wants a solid, well-sized home on a desirable street in a historic neighbourhood, without paying a premium for a large yard. It’s a good fit for someone who values walkability and character over land area, and who is comfortable with an older home that likely requires some maintenance. It may be less ideal for buyers seeking a newer build or a large private lot.

Frequently Asked Questions

1. How does the assessed value compare to the neighbourhood average?
   The home’s assessed value of $320,000 is above the street average of $269,300 but below the Wolseley neighbourhood average of $371,300 and the citywide average of $390,100. This suggests the property is priced competitively for its immediate street, though it’s not a bargain relative to the broader area.

2. Is the lot size a concern for this property?
   The lot is 3,294 square feet, which is above average for Garfield Street but below average for Wolseley and well below the citywide norm of 6,570 square feet. If you want a large yard, this isn’t it. But for street and neighbourhood context, the lot is typical of older infill areas where space is compact.

3. What does the year built (1925) mean in practical terms?
   The home is older than most in Winnipeg but newer than many in Wolseley, where the average is 1916. This likely means it has some original character but may also have outdated systems or materials. Buyers should budget for possible electrical, plumbing, or insulation upgrades, especially if they haven’t been done recently.

4. How does this home rank compared to others on the same street?
   It ranks in the top 22% for living area, top 18% for assessed value, and top 28% for lot size on Garfield Street. That’s a strong showing—meaning you’re buying one of the larger, more valuable homes on the block, which could support resale value.

5. What is the neighbourhood map analysis showing?
   The interactive map allows you to compare this home’s living area, year built, assessed value, and lot size against nearby properties. It’s useful for seeing whether the street-level advantages hold up when you zoom out a few blocks, and for spotting trends in home ages or values that aren’t obvious from averages alone.