Key Characteristics & Buyer Profile

This 1953 home on Lenore Street stands out primarily for its size and land. With 2,040 square feet of living space, it ranks in the top 10% city-wide, and its 4,560 square foot lot is the second-largest on the street. This combination is uncommon in the Wolseley neighbourhood, where land parcels average roughly 3,400 square feet and homes are typically smaller.

The property’s assessed value of $557,000 is the highest on the street, which reflects its physical advantages rather than speculative pricing. Built in 1953, it is one of the newer homes in a street dominated by earlier 20th-century construction, meaning buyers may face fewer immediate structural concerns compared to a century-old house.

Where the appeal lies: The main draw is space—both indoors and outdoors—in a central, established Winnipeg neighbourhood. This is not a cookie-cutter or infill property. It offers existing square footage and a deep lot that is rare within Wolseley’s tighter grid. Buyers who value room to spread out, a mature setting, and a home that has already stood the test of time will find it compelling.

Who it suits: This property is best suited for buyers who want a substantial family home in a walkable, older neighbourhood without moving to the suburbs. It would also work for someone looking for a larger lot in a desirable area, possibly with future expansion or garden potential. It is less suited for first-time buyers on a tighter budget, or for those seeking a turnkey modern finish in a newer subdivision.

Five Possible FAQs

1. How does the property’s size compare to other homes in Wolseley?
It is well above the neighbourhood average. The home’s 2,040 sq ft is about 25% larger than the typical Wolseley home (1,622 sq ft), and the 4,560 sq ft lot is roughly one-third larger than the neighbourhood average of 3,434 sq ft. On its own street, only one property has a larger lot.

2. Why is the assessed value so much higher than other homes on Lenore Street?
The assessed value of $557,000 is driven primarily by the combination of a larger-than-average house and a significantly larger-than-average lot. Most homes on the street are older, smaller, and sit on standard-sized plots. The property’s newer build year (1953 vs. an average of 1917 on the street) also supports a higher valuation.

3. Is the home considered old or in need of major updates?
At 72 years old, the home is middle-aged by city standards. Winnipeg’s median home was built around 1966, and Lenore Street’s average build year is 1917. The property is newer than most of its neighbours, which suggests it may have a more modern foundation and structure, but a 1950s home will still likely require updates to systems, insulation, or windows if those haven’t been done. A home inspection is recommended.

4. How does the lot size work for gardening, parking, or expansion?
The 4,560 sq ft lot offers more outdoor space than is typical for Wolseley, which is known for compact lots. This allows for a decent backyard, potentially a garage or workshop, and off-street parking. City-wide, the average lot is larger (6,570 sq ft), so this is not an oversized suburban property, but it is generous for its central location.

5. What is the neighbourhood like for daily living?
Wolseley is a mature, tree-lined neighbourhood popular with families, academics, and professionals. It is known for its walkability, older character homes, and proximity to the Assiniboine River and parks. The area has a mix of historic and mid-century homes, local shops, and good access to downtown Winnipeg. Buyers should expect a settled, community-oriented environment rather than a new development.