152 Sherburn Street – Property Summary

Key Characteristics & Buyer Profile

This 1926-built home on Sherburn Street in Winnipeg’s Wolseley neighbourhood offers 1,029 square feet of living space on a 3,013-square-foot lot. What stands out most is the property’s assessed value relative to its size: the assessment sits at $316,000, notably above the street average of $266,000 and ranking in the top 16% on Sherburn Street. Meanwhile, the home’s living area is slightly below both the Wolseley community average (1,622 sq ft) and the citywide average (1,342 sq ft). The lot is also smaller than typical for Winnipeg overall, but sits close to the norm for both the street and the neighbourhood.

The appeal here is less about raw square footage and more about value density. The home holds a higher assessed value than many larger properties on the same street, which may reflect updates, location advantages, or lot characteristics not captured by floor area alone. The building itself is newer than the Wolseley median (built 1926 vs. 1916), placing it in the top 13% of the neighbourhood for construction year—meaning it’s relatively modern by local standards.

This property would suit buyers who prioritize a modest, manageable footprint in an established neighbourhood, and who are willing to pay a premium for a well-located home with strong assessed value. It may appeal to people who value older character areas but want something slightly newer than the surrounding stock, or to those who see the higher assessment as a sign of long-term stability rather than a stretch. First-time buyers, downsizers, or investors focused on Wolseley’s desirability could find it a practical fit.

Frequently Asked Questions

1. How does the property’s size compare to others in Wolseley?
The home is smaller than the neighbourhood average. Its living area (1,029 sq ft) ranks in the bottom 11% of Wolseley, and the lot (3,013 sq ft) is also slightly below the community median of 3,434 sq ft. On its own street, however, both figures are close to typical.

2. Why is the assessed value higher than the street average despite the smaller size?
Several factors can drive assessed value beyond square footage, including the condition of the home, recent renovations, lot characteristics, or its specific location on the block. The assessment data suggests that, on Sherburn Street, this property holds above-average value relative to its neighbours.

3. Is the 1926 build considered old for the area?
No—by Wolseley standards, a 1926 home is actually newer than most. The neighbourhood’s average build year is 1916, putting this property in the top 13% for age. Compared to the citywide average of 1966, however, it is older.

4. Who typically buys homes like this in Wolseley?
Buyers are often people drawn to Wolseley’s walkability, tree-lined streets, and older character, but who want a home that doesn’t require major structural updates. The smaller footprint also appeals to those looking for less upkeep or a lower entry price point in a desirable area.

5. What does “ranked 86th out of 537 on the street” for assessed value mean in practical terms?
It means this home is valued higher than about 84% of other properties on Sherburn Street. For a buyer, this could indicate that the home has retained or gained value well relative to its immediate neighbours, which may be a positive sign for resale potential.