150 Garfield Street S – Property Summary

Key Characteristics & Target Buyer Profile

This is a detached home in Winnipeg’s Wolseley neighbourhood, built in 1922. The living area is 963 square feet, which is slightly below both the neighbourhood and city averages. What stands out here is the lot size: 3,665 square feet, which ranks in the top 15% on the street and top 27% in the neighbourhood. This means you’re getting more outdoor space than most comparable homes nearby.

The assessed value is $373,000—well above the street average of $269,300, but right in line with the neighbourhood average. That suggests the property has been maintained or updated relative to others on the block, but it’s not overpriced for the area.

The year built places it in the older end of citywide housing stock, but it fits the character of Wolseley, a neighbourhood known for its mature trees and early 20th-century homes. In fact, its construction year ranks in the top 21% within the neighbourhood, meaning it’s one of the older homes even by local standards.

Who this suits best: Buyers who value a larger, private lot in a well-established inner-city neighbourhood, and who are open to a smaller interior that could be expanded or reconfigured over time. It’s a natural fit for someone who prioritizes yard space, garden potential, or a quiet street setting over square footage. Because the assessed value is strong relative to the street, it may also appeal to investors looking for a property with good underlying land value in a desirable pocket of the city.

Frequently Asked Questions

1. How does this home compare to others on Garfield Street?
On the street itself, the lot size and assessed value are both well above average—top 15% for lot size and top 7% for value. The living area is about average for the street. So you’re getting more land and a stronger value proposition than most immediate neighbours, but with a similar footprint inside.

2. Is Wolseley generally an expensive neighbourhood?
Not particularly, relative to the city. The neighbourhood’s average assessed value for similar homes is $371,300, which is slightly below the citywide average of $390,100. This home is priced right at that neighbourhood norm. The land here is relatively more valuable than the house itself, which is common in older, established areas.

3. What does the “top 91%” ranking for living area in the neighbourhood actually mean?
That means the interior is on the smaller side compared to most homes in Wolseley—it ranks in the lower 9% of the neighbourhood for square footage. It’s not a cramped home, but if you’re looking for a spacious open layout, you’d likely need to consider an addition or reconfiguration.

4. How does the lot size compare citywide?
At 3,665 square feet, the lot is below the citywide average of 6,570 square feet for comparable homes—ranking in the bottom 21% citywide. But within Wolseley, it’s above average (top 27%), meaning lots in this neighbourhood tend to be smaller than newer suburban developments. This is typical for older, denser inner-city areas.

5. Is the 1922 build year a concern?
Not inherently, but it does place the home in the older tier of Winnipeg housing. Citywide, it ranks in the bottom 14% by age, meaning about 86% of homes are newer. Within Wolseley, however, it’s actually older than average (top 21% for age), which means many neighbours are even older. Older homes often have solid construction and character details, but buyers should factor in potential updates to systems, insulation, and windows.