121 Garfield Street S – Property Summary

Key Characteristics & Appeal

This 1923 home in Wolseley offers 1,440 square feet of living space on a 3,651-square-foot lot. It’s not the biggest house on the block, but it’s notably larger than the street average of 1,085 square feet—ranking in the top 13% locally. The lot size also stands out relative to the immediate area, sitting comfortably above average both on the street and within the neighbourhood, though it's on the smaller side compared to typical Winnipeg lots.

What really sets this property apart is its assessed value. At $398,000, it places in the top 5% on Garfield Street and the top 30% in Wolseley, reflecting a premium that likely factors in location, updates, or intangible appeal beyond raw square footage. The year built is typical for the street but older than much of the city—something buyers should be aware of regarding maintenance history.

The home would suit buyers who value being in a well-regarded, established neighbourhood with a strong sense of character. It might particularly appeal to someone looking for a home that’s already appreciated in value relative to its neighbours, rather than a fixer-upper or a blank slate. The data suggests this isn’t a starter home or an investment flip—it’s a property where location and street prestige play a significant role in its worth.

Five Possible FAQs

1. How does the living space compare to other homes nearby?
It’s significantly larger than the average home on Garfield Street (top 13%), but about average for Wolseley as a whole. So you get a house that stands out on its block without being oversized for the neighbourhood.

2. Is the assessed value high for what the home offers?
Yes, especially on a street level. The $398,000 assessment puts it in the top 5% of homes on Garfield, well above the street average of $269,300. That means it’s likely been updated or occupies a particularly desirable spot.

3. How old is this house, and is that a concern?
It was built in 1923, which is typical for the street but older than most homes citywide. Buyers should budget for ongoing maintenance typical of century homes—plumbing, electrical, foundation—but the condition isn’t indicated by the data alone.

4. Is the lot size generous or tight?
It’s above average for Garfield Street and Wolseley, but below average citywide. So you get a decent yard for the immediate area, but it’s not a sprawling suburban lot. Fine for gardening or a small family, less suited for extensive outdoor projects.

5. What’s the neighbourhood like compared to the rest of Winnipeg?
Wolseley is an older, established area with a mix of character homes and mature trees. The property’s assessment and rank suggest it’s a desirable pocket within the neighbourhood—above average locally, but not citywide elite. It’s more about character and community than raw statistics.