154 Garfield Street S – Property Summary

Key Characteristics & Buyer Profile

This 1920-built home in Wolseley offers 1,224 square feet of living space on a 3,023-square-foot lot. Its standout feature is assessed value: at $359,000, it ranks in the top 10% on Garfield Street, significantly above the street average of $269,300. Within Wolseley and citywide, the value sits close to the median, so it’s not overpriced by broader standards—just notably high for its immediate block.

The living area is above average for the street (top 30%) but below the Wolseley average. The lot size is typical for the neighbourhood but small compared to Winnipeg as a whole. The house is older than most on the street but newer than much of Wolseley, which is known for its early-1900s housing stock.

The appeal here lies in the combination of a relatively spacious floor plan on a character street, paired with an assessed value that suggests good equity relative to the immediate competition. The below-average lot citywide means less outdoor upkeep, which may suit some buyers.

This property would likely suit someone who values a solid, older home with decent interior space in a central, established neighbourhood—without paying a premium for a large yard. It’s less suited for buyers seeking a newer build, a big lot, or a fixer-upper priced below street average.

Frequently Asked Questions

1. How does the assessed value compare to similar homes in Wolseley?
The $359,000 assessment is around the neighbourhood average of $371,300 and slightly below the citywide average. On Garfield Street, however, it’s well above the average of $269,300—meaning this home is one of the more valuable properties on its block.

2. Is the lot size considered small?
It depends on the comparison. At 3,023 square feet, the lot is typical for Garfield Street and roughly average for Wolseley. But citywide, the average lot for comparable homes is 6,570 square feet, so by that measure it’s on the smaller side. Buyers moving from suburban or newer developments may notice the difference.

3. The house was built in 1920—should I expect maintenance issues?
Homes from this era in Wolseley vary widely in condition. Being ranked in the top 25% for age within the neighbourhood means it’s relatively newer compared to many surrounding properties. That said, a 1920 build will likely have older systems and materials; a pre-purchase inspection is strongly recommended, especially for plumbing, electrical, and foundation.

4. How does this home rank for living space within Wolseley?
It ranks in the bottom half for living area within the neighbourhood (top 76%), meaning many homes in Wolseley are larger. However, it’s above average for Garfield Street itself. For a buyer wanting more space than typical homes on this block, it’s a good fit; for max space in Wolseley, there are larger options.

5. What does “Top 10%” on assessed value actually mean for resale?
It suggests that relative to other homes on Garfield Street, this property is valued highly by the city assessor. That could be due to updates, condition, or location advantages. It doesn’t guarantee resale price, but it does indicate the home is seen as above-average within its immediate street market. Buyers should still compare recent sale prices in the area.