1228 Wolseley Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a large, high-value home in Winnipeg’s Wolseley neighbourhood, built in 1913. The property stands out most for its land and size: the lot measures 9,006 square feet—among the top 2% in the neighbourhood and top 8% citywide—while the living area is 2,295 square feet, ranking in the top 5% across Winnipeg. Its assessed value of $878,000 places it in the top 2% citywide and top 1% within the immediate area.

The appeal here is twofold. First, the combination of a century-old home with an unusually deep lot offers space that is rare in a mature, walkable neighbourhood like Wolseley. Many comparable homes in the area sit on much smaller plots, so this property provides room for gardens, additions, or simply privacy without leaving the inner city. Second, the assessed value signals that the home has held or increased its worth significantly relative to its peers—it’s not just large, but part of a very small tier of high-end properties in this part of Winnipeg.

This property would suit a buyer who values character and location over a turnkey modern finish. It is likely a good fit for someone who appreciates pre-war architecture and wants a spacious home on a substantial lot in an established neighbourhood, but who is also comfortable with the maintenance and updates that come with a house built in 1913. It is less suited to someone looking for a newer, low-maintenance home or a property in a suburban development.

Five Possible FAQs

1. How does the year built affect the home’s value or livability?
The house was built in 1913, which is around average for Wolseley but older than most homes citywide (top 90% older). This typically means thicker walls, solid framing, and established landscaping, but also potential for outdated electrical, plumbing, or insulation. Buyers should plan for a home inspection that focuses on these systems and the foundation.

2. Why is the assessed value so much higher than the neighbourhood average?
The assessed value ($878,000) is more than double the neighbourhood average ($371,300). This is driven primarily by the large land area and living space, which are both in the top tiers locally and citywide. The home likely also has finishes or updates—or simply a location on Wolseley Avenue—that push it into a higher bracket.

3. How does the lot size compare to other properties in the area?
The lot is 9,006 square feet, which is nearly three times the neighbourhood average of 3,434 square feet. On Wolseley Avenue itself, it ranks in the top 17%. This is one of the standout features of the property, especially for a neighbourhood where lots are typically narrower and deeper.

4. Is this property in a heritage or conservation district?
The summary does not indicate any heritage designation. However, many homes in Wolseley from the 1910s are in areas with some form of zoning or neighbourhood character guidelines. Buyers should check with the City of Winnipeg’s planning department to confirm whether exterior changes or additions would require special approvals.

5. What does “rank by living area” or “rank by assessed value” actually mean?
These rankings compare this property to other “comparable homes” within the same street, neighbourhood, or city. For example, being ranked #9,809 out of 194,458 citywide for living area means it is larger than 95% of homes in that dataset. The bars use a fill length to show how many peers it outperforms, with colours indicating how far above or below average the property sits relative to that group.