117 Lipton Street

Wolseley, Winnipeg

67.3

Good

Overall 67.3

Newer than most nearby homes

1,384 sqft (bottom 36%)

Built in 1914 (2 yrs older than avg)

Located in a high-income area

with median household income of ~93k

Transit 92.0

4-min walk to transit with 5 nearby routes

Within 500m: 7 dining spots, 1 school, 1 healthcare facility, and 2 shops nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Above average

2 yrs older than neighborhood avg.

Mother tongue

English · 83%French · 2%

Past 10 years Wolseley sales snapshot (~80% of all data)

Sold Count

820

Median price

382.5k

$/sqft

$285/sqft

Avg build year

1916

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Property score

67.3 is composed by the two sections below.

Property Score

52.7Fair
Living Area1,384 sqft71Good
Year Built191416Low
Lot Size2,524 sqft28Low
Neighbourhood Sales Activity53Fair

Community Score

89.3Excellent
Household Income82Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110651

Community deep dive

$93K

Median household income

$104K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

26%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)411
Labour force participation rate77%
Median age36.4
Avg household size2.5
Unemployment rate8%
Population density6850 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children35%
Median household income (2020)$93K

Housing

Renter households34%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority5%
Bachelor's or higher (25–64)62%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,384 sqft
0255075100
Same streetTop 23%Same areaBottom 36%CitywideTop 36%
Same street · Lipton Street
#143 / 616
Top 23% · Avg 1,163 sqft
Same area · Wolseley
#1,495 / 2,349
Bottom 36% · Avg 1,622 sqft
Citywide · Winnipeg
#70,882 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

above average
365k
0255075100
Same streetTop 10%Same areaTop 41%CitywideTop 49%
Same street · Lipton Street
#60 / 616
Top 10% · Avg 250.2k
Same area · Wolseley
#973 / 2,349
Top 41% · Avg 371.3k
Citywide · Winnipeg
#94,553 / 194,458
Top 49% · Avg 390.1k

Year Built

above average
1914
0255075100
Same streetTop 27%Same areaTop 28%CitywideBottom 11%

Lot Size

around average
2,524 sqft
0255075100
Same streetTop 38%Same areaBottom 20%CitywideBottom 5%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

117 Lipton Street — 21 amenities found within 500 m, across 7 categories, including 7 dining (nearest 96 m), 1 education (nearest 346 m), 1 healthcare (nearest 377 m).

Search radius
🍽️Dining7
🏫Education1
🏥Healthcare1
🛒Shopping2
🌳Parks6
💪Sports1
Worship3

Crime & Safety

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%

Sales History

Sold 8/2022CA$350k–400k
Sold price

Same street

Top 13%

Same area

Top 43%

City-wide

Top 46%

Related homes

Highlights & common questions: 117 Lipton Street, Winnipeg

Here is a clean, standalone summary of the property at 117 Lipton Street, written in a natural and grounded tone.


Property Overview & Buyer Fit

This is a 1914-built home in Winnipeg’s Wolseley neighbourhood, offering 1,384 sq. ft. of living space on a 2,524 sq. ft. lot. Its key characteristic is a strong street-level position: on Lipton Street, it ranks in the top 23% for living area and the top 10% for assessed value. This means the home is meaningfully larger and more valuable than most of its immediate neighbours. However, at the neighbourhood and citywide levels, it sits much closer to the average.

The appeal here is specific. You get a home that stands out on its own block—a reliable choice if street-level resale value and relative size matter to you. But the lot is smaller than the Wolseley average and significantly smaller than the citywide norm for comparable homes. That trade-off is the reality of a mature, central neighbourhood. This property would suit a buyer who prioritizes a solid, above-average home on a good street and is less concerned with having a large yard or being a standout across the entire city. It’s a practical fit for someone who values location and interior space over land.


Frequently Asked Questions

1. How does this home compare to others on Lipton Street specifically?
Very favourably. It ranks in the top 10% for assessed value and top 23% for living area on this street. That means it is one of the larger and more valuable homes on the block.

2. Is the lot size a drawback?
It depends on your expectations. On Lipton Street, the lot is around average. But compared to the Wolseley neighbourhood as a whole, it is below average. If you are moving from a suburban area, you will notice the yard is compact.

3. What does the age of the home tell me?
Built in 1914, it is older than average for its street and neighbourhood, but it is unusually old compared to the rest of Winnipeg. Buyers should be prepared for the character and maintenance needs typical of a home over a century old.

4. Is the assessed value a good deal for this price point?
The home’s assessed value is above the street average ($365k vs. $250k), but it is slightly below the citywide average for comparable homes. This suggests the price reflects the home’s strong street-level standing rather than a premium based on the broader market.

5. How walkable or connected is this location?
While the data does not give walk scores, Wolseley is a well-known central neighbourhood in Winnipeg. Being on Lipton Street places you close to local amenities, older tree-lined streets, and the character of an established community—consistent with a buyer looking for an urban, non-suburban feel.

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