73.6
Good
Property score
73.6
Good
Overall 73.6
Compared with neighbourhood average
1,715 sqft (top 42%)
Built in 1912 (4 yrs older than avg)
Located in a high-income area
with median household income of ~93k
Transit 92.0
5-min walk to transit with 5 nearby routes
Within 500m: 8 dining spots, 1 school, 3 healthcare facilitys, and 2 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
6% larger than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 83%French · 2%
Past 10 years Wolseley sales snapshot (~80% of all data)
820
382.5k
$285/sqft
1916
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73.6 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110651
$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
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
118 Lipton Street — 22 amenities found within 500 m, across 7 categories, including 8 dining (nearest 134 m), 1 education (nearest 367 m), 3 healthcare (nearest 358 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 25% | Bottom 27% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1912 home in Wolseley offers 1,715 square feet of living space on a 3,113-square-foot lot. It’s assessed at $310,000.
The property stands out most on its own street. On Lipton Street, it ranks in the top 10% for living area and top 17% for assessed value. The house is noticeably larger and slightly more valuable than immediate neighbours. Within the broader Wolseley neighbourhood, however, it lands closer to average in both size and value. Citywide, the living area is above average, but the lot is on the smaller side—ranking only in the top 86%—which reflects the tighter footprint common in older inner-city areas.
The building is over a century old, which gives it character but also means it’s older than most homes in Winnipeg (the citywide average year built is 1966). The lot size is generous for the street but below the citywide average, so outdoor space is modest by suburban standards.
Who it suits: Someone who values being in Wolseley—a walkable, established neighbourhood—and wants more interior space than many nearby homes offer. It also appeals to buyers who see a century home’s age as a feature rather than a drawback, and who don’t need a large yard. The assessed value being below the neighbourhood and city averages (relative to similarly sized homes) could reflect a more accessible price point for the area, but the older construction may mean ongoing maintenance considerations.
1. How does this home compare to others on Lipton Street?
It’s one of the larger homes on the street, ranking in the top 10% for living area. Its assessed value is also above average for the street (top 17%), and the lot is bigger than most neighbours’ (top 16%). So it stands out locally.
2. Is the assessed value of $310,000 considered high for Wolseley?
No—it’s around average for the neighbourhood, where the average is $371,300. Citywide, it’s also around average. The value is strong for the street, but not unusually high for the area.
3. How old is the house, and is that a concern?
Built in 1912, it’s older than most homes in Winnipeg (top 92% by age citywide). In Wolseley, the average home was built around 1916, so it’s typical for the neighbourhood. Age often brings solid construction and character, but buyers should budget for updates to systems (plumbing, electrical, insulation) and ongoing upkeep.
4. What’s the lot size like compared to other properties?
At 3,113 square feet, the lot is bigger than most on Lipton Street but smaller than the citywide average (6,570 sq ft). It’s about average for Wolseley. You get a decent backyard for the street, but not the large yard you’d expect in newer suburban developments.
5. What type of buyer would find this property most suitable?
Someone who wants a larger-than-average home in a walkable, established neighbourhood without paying a premium for a massive lot. It works well for buyers who appreciate older character and are comfortable with the maintenance that comes with a century home, or for those looking for a home that’s a bit more spacious than nearby options on a quieter street.
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