156 Sherburn Street – Property Summary

Key Characteristics & Buyer Fit

This is a 1,627-square-foot home built in 1930 on a 3,670-square-foot lot in Winnipeg’s Wolseley neighbourhood. What stands out most is its combination of living space and assessed value relative to the immediate street. On Sherburn Street, it ranks in the top 1% for assessed value ($448,000) and top 13% for living area—meaning it’s both larger and more valuable than nearly all nearby homes. Within Wolseley, it sits around the average for living area but in the top 18% for value, suggesting the home has retained or gained worth compared to neighbours of similar size.

The land area is above average for the street and neighbourhood, though notably smaller than the citywide median—unsurprising for an older inner-city lot. The year built (1930) is newer than much of Wolseley (where the average is 1916) but older than most citywide stock. This gives the property a character-house feel without being among the oldest in the area.

Appeal and buyer fit: This property suits someone who wants a well-sized, established home in a desirable older neighbourhood, with above-average value retention on its block. It may appeal to buyers who prioritize street-level distinction—being among the top homes on Sherburn—rather than citywide bragging rights. The assessed value being far above the street average ($266,300) also hints at upgrades or a particularly desirable configuration that neighbours may lack. It would be less ideal for someone seeking a large yard or a newer build.

Five Possible FAQs

1. How does this home compare to others in Wolseley?
It’s around average in living area for the neighbourhood but above average in assessed value and newer than many homes (built 1930 vs. 1916 median). The lot is slightly larger than the neighbourhood median, too.

2. Why is the assessed value so much higher than other houses on the street?
The home ranks in the top 1% of Sherburn Street by assessed value ($448,000 vs. $266,300 average). This could reflect recent renovations, a larger or more updated interior, or a particularly desirable layout. The exact mix isn’t stated, but the gap is significant enough to suggest the property stands out on the block.

3. Is the land size considered small or large?
For Sherburn Street and Wolseley, the lot is above average (3,670 sqft vs. 3,096 and 3,434 respectively). But citywide, it’s in the bottom 21%—largely because newer suburban lots are much bigger. If you’re used to suburban yards, this will feel compact; if you’re used to inner-city lots, it’s generous for the area.

4. How old is the house, and is that a concern?
It was built in 1930, which is typical for Wolseley (many homes date to the 1910s–1920s). It’s older than most homes citywide (median 1966), so buyers should expect aging infrastructure—plumbing, electrical, insulation, windows. That said, being newer than many on its street and in the neighbourhood suggests it may have had updates others haven’t.

5. What do the rankings and bars mean?
The rankings compare this property to “comparable homes” within the street, neighbourhood, and city. “Top X%” means it outperforms that percentage of peers. The bar fill length shows roughly how many peers it beats, and the colour (red, blue, amber, gray) indicates a tier—though the exact thresholds aren’t defined here. The “Avg” is a rough median benchmark for that scope, not necessarily the mean.