Property Summary: 1320 Wolseley Avenue

Key Characteristics & Buyer Profile

This is a 1911-built home with 1,546 sq. ft. of living space on a notably large 7,269 sq. ft. lot. Its primary strength is the land. Within the Wolseley neighbourhood, the lot size ranks in the top 3%, and across all of Winnipeg it sits in the top 15%. This offers rare outdoor space for a mature, centrally located property. The assessed value is $503,000, which is above average for the area but in line with its street. The home itself is smaller than newer builds, but its size is typical for its era.

The appeal lies in the combination of a prime, established neighbourhood and a generous property. Buyers get the character and tree-lined streets of Wolseley without feeling squeezed onto a small lot. This would suit someone who values outdoor space, gardening, or future expansion potential but wants to stay close to downtown amenities and the river. It may also appeal to those looking for a renovation project in a location where land is the appreciating asset. The home’s age places it in the older range even for this area, so practical buyers should factor in maintenance on a century-old structure, not just potential.

Five Possible FAQs

1. How does the lot size compare to other homes in Wolseley?
This is one of the larger lots in the neighbourhood. It ranks in the top 3% among 2,349 properties in the area, which is unusually generous for a mature infill neighbourhood. Most nearby homes sit on lots roughly half this size.

2. Is the home’s assessed value above or below average for the area?
The assessed value is above the Wolseley neighbourhood average (top 10%) and above the city average (top 19%). On its own street, however, it is close to the middle. This suggests the value is driven more by the land than the house itself.

3. How does the living space compare to newer homes in Winnipeg?
At 1,546 sq. ft., this home is above the citywide average for all comparable properties (1,342 sq. ft.). But it is smaller than the average on its own street (1,858 sq. ft.) and slightly below the Wolseley neighbourhood average. It is a comfortable size for its era, not oversized by modern standards.

4. Is this considered an old home even for Wolseley?
Yes. The average build year on Wolseley Avenue is 1925, and in the neighbourhood it is 1916. This home (1911) is older than both. Citywide, most comparable homes were built around 1966, so this is significantly older. Expect original details but also aging systems.

5. What kind of buyer would get the most value from this property?
Someone who values location and land over a turnkey interior. The lot size is rare for the area, so a buyer interested in a major renovation, an addition, or simply having a large yard in Wolseley would benefit most. It is less suited for someone seeking a move-in ready home with modern square footage.