Property score
61.7
Fair
Overall 61.7 · Smaller but newer than most nearby homes
1,298 sqft (bottom 30%) · Built in 1942 (26 yrs newer than avg)
Located in a average-income area with median household income of ~56k
Transit 92.0 · 5-min walk to transit with 6 nearby routes · Within 500m: 5 dining spots, 1 school, 1 shop, and 2 parks nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Above average
26 yrs newer than neighborhood avg.
Mother tongue
English · 78%Punjabi · 3%
Past 10 years Wolseley sales snapshot (~80% of all data)
820
382.5k
$285/sqft
1916
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61.7 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: #46110112
$56K
Median household income
$90K
Average household income
18%
Low income (LIM-AT)
0.4
Income inequality (Gini)
5.3
P90 / P10 ratio
50%
Single-person households
12%
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
1238 Wolseley Avenue — 12 amenities found within 500 m, across 6 categories, including 5 dining (nearest 387 m), 1 education (nearest 138 m), 1 shopping (nearest 400 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 11% | Top 1% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1942-built home with 1,298 square feet of living space on a substantial 10,000-square-foot lot in Winnipeg’s Wolseley neighbourhood. The standout feature is the lot: it ranks in the top 1% within the neighbourhood and top 6% citywide for size. While the living area is roughly average for the area, the assessed value is high—top 3% in Wolseley and top 6% citywide—reflecting the premium placed on the land itself rather than the square footage of the house.
The appeal lies in the scarcity of large lots in an established, mature neighbourhood. Most comparable properties in Wolseley sit on much smaller parcels (neighbourhood average is 3,434 sqft), so this offers rare outdoor space and potential for future expansion, gardens, or redevelopment if zoning allows. The house is older than many citywide, but its vintage is typical for the area where homes tend to be early 20th century.
This property would suit buyers who value land and location over a large or modern interior. It is ideal for someone willing to invest in renovations or who appreciates the character of an older home in a walkable, tree-lined neighbourhood. It is less suited to buyers seeking a move-in-ready, low-maintenance property or those who prioritize living space over yard size.
Why is the assessed value so much higher than the neighbourhood average if the living area is only average?
The high assessed value is driven primarily by the lot size. Land in Wolseley is scarce, and a 10,000-sqft lot is significantly larger than most in the area. Property assessments in Winnipeg weigh land value heavily, especially in established neighbourhoods where building footprints are relatively similar.
Does the house have original 1940s features, or has it been updated?
This summary does not include renovation history. Buyers should request a detailed inspection and ask about major systems (roof, furnace, electrical, plumbing) as well as any permits for structural changes. A home of this age often retains original details, but that varies per property.
Could I tear down the house and build new?
That depends on current zoning, heritage restrictions, and lot coverage rules in Wolseley. The large lot may offer subdivision potential, but buyers should verify with the city’s planning department. Many older neighbourhoods have overlay regulations that limit demolition or require character retention.
How does the 1,298 sqft living area compare to typical starter homes or family homes in Winnipeg?
It is slightly below the citywide average for comparable homes (1,342 sqft) and well below the Wolseley average (1,622 sqft). It would be considered a compact home for a family, but adequate for a couple or small household. The large lot compensates by offering outdoor living space.
What is the neighbourhood like for walking, transit, and daily needs?
Wolseley is known for its walkability, mature trees, and proximity to the Assiniboine River, parks, and local shops along Sherbrook Street and Portage Avenue. The area has strong community character and is popular among families, academics, and creatives. Transit access is good, with several bus routes nearby.
