139 Garfield Street S — Property Summary

Key Characteristics & Buyer Profile

This 1,497 sq ft home sits on Garfield Street in the Wolseley area of Winnipeg. Built in 1923, it offers notably generous living space for its street ranking in the top 10%, while staying close to the average for its neighbourhood and city. The assessed value of $417,000 places it in the top 3% of its street and above the neighbourhood average, which points to a property that has been well maintained or upgraded relative to its immediate surroundings.

The lot is 3,012 sq ft—modest by citywide standards, but typical for the street and the Wolseley area. It’s not a property that appeals on land size; its strengths are interior space and street-level value.

Where the appeal lies: Buyers get more interior square footage than most homes on the same street, and the assessed value reflects a standing that is significantly higher than neighbouring properties. For someone familiar with Wolseley, this suggests either a renovated home or one with finishes and features that justify a premium. The age of the house (1923) is close to the street average but older than much of the city, which could attract buyers looking for character, established landscaping, or mature neighbourhoods rather than new builds.

Who it suits: This property would work well for buyers who prioritize living space and a strong street location over a large yard. It fits someone looking for a solid older home in an established central neighbourhood, possibly a household that values walkability and community character. It’s less suited to those seeking a large lot, brand-new construction, or a property that undercuts the local market on price.

Five Possible FAQs

1. How does the living space compare to other homes in Wolseley?
It’s close to the neighbourhood average. With 1,497 sq ft, it ranks in the top 55% across Wolseley’s 2,349 comparable homes. On its own street, it stands out much more—ranking in the top 10% of 473 homes, where the average is only 1,085 sq ft.

2. Why is the assessed value higher than most homes on this street?
The assessed value of $417,000 is in the top 3% of Garfield Street, where the street average is $269,000. That gap is unusually large and suggests the home may have had significant improvements, higher-quality finishes, or features that distinguish it from typical properties in the immediate area.

3. Is a 1923 home likely to need major work?
It depends on what’s been done since. The age is typical for the street and slightly newer than the Wolseley average (1916). Many homes in this area have been updated over time. A buyer should always arrange a home inspection to assess the condition of systems like electrical, plumbing, roofing, and insulation, which are the common concerns in houses of this era.

4. How does the lot size affect usability?
At 3,012 sq ft, the lot is modest—close to the street average and slightly below the neighbourhood average. It’s smaller than most Winnipeg properties (city average is 6,570 sq ft). This suits someone who wants less yard maintenance but still has room for a garden, patio, or small outdoor space. It’s not ideal for large expansions, extra garages, or significant outdoor projects.

5. How does this property compare to newer homes in Winnipeg?
Compared to the city’s overall housing stock, this home is older (top 86% by age), has a smaller lot (top 88%), and sits close to the average for living space (top 31%) and assessed value (top 34%). It’s a relatively compact, older home that competes well on interior size and street-level value within its immediate area, but not on land or newness.