120 Walnut Street

Wolseley, Winnipeg

Property score

63.7

Fair

Overall 63.7 · Older than most nearby homes

1,727 sqft (top 41%) · Built in 1909 (7 yrs older than avg)

Located in a average-income area with median household income of ~58.8k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 15 dining spots, 3 schools, 6 healthcare facilitys, and 4 shops nearby

Living Area

Near average

6% larger than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 83%French · 3%

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

63.7 is composed by the two sections below.

Property Score

62.0Fair
Living Area1,727 sqft86Excellent
Year Built190910Low
Lot Size3,043 sqft38Low
Neighbourhood Sales Activity53Fair

Community Score

66.2Good
Household Income62Fair
Education Level91Excellent
Housing Stress42Low
Core Housing Need38Low
Employment Health90Excellent

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: #46110655

Community deep dive

$59K

Median household income

$69K

Average household income

15%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

46%

Single-person households

11%

Families with children

Population, labour & age

Population (2021)557
Labour force participation rate83%
Median age32.4
Avg household size2.0
Unemployment rate9%
Population density5063 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households46%
Couple families with children11%
Median household income (2020)$59K

Housing

Renter households66%
Condominium dwellings5%
Median dwelling value (owners)$388K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority12%
Bachelor's or higher (25–64)53%
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
1,727 sqft
0255075100
Same streetTop 47%Same areaTop 41%CitywideTop 20%
Same street · Walnut Street
#41 / 87
Top 47% · Avg 1,723 sqft
Same area · Wolseley
#965 / 2,349
Top 41% · Avg 1,622 sqft
Citywide · Winnipeg
#38,687 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

around average
346k
0255075100
Same streetBottom 48%Same areaTop 50%CitywideBottom 45%
Same street · Walnut Street
#45 / 87
Bottom 48% · Avg 337.5k
Same area · Wolseley
#1,173 / 2,349
Top 50% · Avg 371.3k
Citywide · Winnipeg
#107,313 / 194,458
Bottom 45% · Avg 390.1k

Year Built

above average
1909
0255075100
Same streetTop 21%Same areaBottom 21%CitywideBottom 5%

Lot Size

around average
3,043 sqft
0255075100
Same streetTop 36%Same areaBottom 49%CitywideBottom 13%

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

120 Walnut Street — 45 amenities found within 500 m, across 8 categories, including 15 dining (nearest 57 m), 3 education (nearest 233 m), 6 healthcare (nearest 319 m).

Search radius
🍽️Dining15
🏫Education3
🏥Healthcare6
🛒Shopping4
🌳Parks6
💪Sports2
🏦Finance1
Worship8

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 11/2020CA$300k–350k
Sold price

Same street

Bottom 32%

Same area

Bottom 42%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 120 Walnut Street, Winnipeg

Here is a clean, standalone summary of the property at 120 Walnut Street, written for direct display on a webpage.


Key Characteristics & Buyer Profile

This is a 1909 home with 1,727 sq. ft. of living space on a 3,043 sq. ft. lot, located on Walnut Street in Winnipeg’s Wolseley neighbourhood. What stands out here is the balance. The living area is slightly above the citywide average (top 20%), but the lot size is notably smaller than the city norm (bottom 13%). That’s typical for an older, central neighbourhood where land is at a premium. The assessed value sits right around the local street and neighbourhood averages (roughly $346k), meaning the pricing reflects the area’s reality without a premium for the home’s age or size.

The appeal lies in its character and solid proportions for the street. Built in 1909, it’s older than most homes in Wolseley (which average 1916) and significantly older than the typical Winnipeg home (1966). For buyers who value pre-war craftsmanship, established trees, and a walkable, mature neighbourhood over a new build or a large suburban lot, this property fits. It is not the largest home in Wolseley, nor the smallest lot on the block, but it lands very close to the street-level averages for its key metrics, suggesting a house that is representative of its immediate context.

This property is best suited for a buyer who appreciates historic character and wants to live in a central, older neighbourhood like Wolseley. It would likely appeal to someone who understands that an older home requires maintenance and that the smaller lot is a trade-off for location and a distinctive feel. It is less suited for someone prioritizing a large private yard, a brand-new build, or contemporary floor plans.


Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
The assessed value of $346,000 is very close to the average for homes on Walnut Street ($337,500) and falls in the middle of the pack in Wolseley (top 50%). Citywide, it’s also around average (top 55%). In plain terms, the tax assessment reflects a home that is priced consistently with its immediate neighbours and the broader neighbourhood, without being a standout in either direction.

2. The lot size is small for the city—is that unusual for Wolseley?
Not really. The lot is 3,043 sq. ft., which is almost exactly average for Walnut Street (top 36%) and right at the neighborhood median for Wolseley (top 51%). Winnipeg’s citywide average lot size is much larger (6,570 sq. ft.) because it includes suburban and rural properties. In Wolseley, smaller lots are the norm and are part of the area’s dense, walkable character.

3. Is the home substantially older than others on the street?
It was built in 1909, which is older than the average house on Walnut Street (1911), but not dramatically so. In the context of Wolseley, 1909 is actually slightly older than the neighbourhood average (1916). Citywide, it’s significantly older than most Winnipeg homes (average 1966). You are buying into the older stock of the neighbourhood, which often comes with plaster walls, solid woodwork, and a different floor plan than newer homes.

4. What does the "Top 20% citywide for living area" really mean?
It means the 1,727 sq. ft. of living space is larger than about 80% of comparable homes across Winnipeg. But it’s only slightly above average for Walnut Street itself (average 1,723 sq. ft.). So while the home feels spacious compared to the whole city, it’s a standard size for the block. The ranking is a reflection of the fact that many city homes are smaller, not that this house is unusually large for its specific location.

5. What are the practical implications of the year built and smaller lot?
A 1909 home may have original systems or materials that need updating (wiring, plumbing, insulation). The smaller lot means less yard work (mowing, snow clearing) but also less outdoor space for gardens, sheds, or big gatherings. You get a tight-knit street with older homes close together, which can mean less privacy than a newer suburb, but also a stronger sense of community and a shorter commute to downtown and the river.

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