57.0
Fair
Property score
57.0
Fair
Overall 57.0
Smaller and older than most nearby homes
1,116 sqft (bottom 17%)
Built in 1905 (11 yrs older than avg)
Located in a above-average income area
with median household income of ~71.5k
Transit 92.0
4-min walk to transit with 6 nearby routes
Within 500m: 21 dining spots, 3 schools, 8 healthcare facilitys, and 7 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Below average
11 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 3%
Past 10 years Wolseley sales snapshot (~80% of all data)
820
382.5k
$285/sqft
1916
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57.0 is composed by the two sections below.
Property Score
Community Score
Wolseley
How to read: Share of sales in each ~$50k price band for “wolseley” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110646
$72K
Median household income
$88K
Average household income
11%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
41%
Single-person households
17%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
172 Walnut Street — 57 amenities found within 500 m, across 9 categories, including 21 dining (nearest 137 m), 3 education (nearest 367 m), 8 healthcare (nearest 361 m).
Wolseley · WPS public data · 2026
Annual incidents
34
2026
vs. city avg
+15%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
68%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 21% | Bottom 27% | Bottom 36% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1905-built home with 1,116 square feet of living space on a 2,336-square-foot lot, located in Winnipeg’s Wolseley neighbourhood. Compared to other homes on Walnut Street, it is smaller than average—ranking 85th out of 87 properties for both footprint and lot size. Its assessed value of $172,000 is well below the street average of $338,000 and the community average of $371,000.
The property’s main appeal is its price point. For buyers looking to enter a desirable, older central neighbourhood without paying the premium that most homes there command, this represents a rare lower-cost option. The home is older than most in the area and on a smaller lot, which will limit its appeal for those seeking space or a renovation project with upside, but it could suit someone content with a compact, older home who prioritizes location over square footage. It would be best suited to a first-time buyer, someone downsizing, or an investor looking for a lower-entry property in a historically popular area—though potential renovation costs should be weighed carefully.
1. Why is the assessed value so much lower than others on the street?
The home is smaller and on a smaller lot than most surrounding properties. Both the living area and land area rank near the bottom of Walnut Street and the Wolseley area, which directly brings down its assessed value relative to neighbours.
2. Is the house in poor condition because of its age and low price?
The age and value suggest it may need updating or maintenance, but the data provided does not specify condition. Buyers should budget for a thorough inspection, especially for a 1905 home, as older systems and foundations can be costly.
3. How does the living space compare to a typical Winnipeg home?
At 1,116 square feet, the property is slightly smaller than the citywide average of 1,342 square feet, but it is not an outlier. The gap is more noticeable at the street and neighbourhood level, where averages are 1,723 and 1,622 square feet respectively.
4. What are the potential challenges of a smaller lot in this neighbourhood?
A smaller lot often means less outdoor space, limited parking, and fewer options for expansion. In Wolseley, where many homes have deeper or wider yards, this property may feel constrained—but it also likely requires less upkeep.
5. Is this a good investment property given the low purchase price?
The location in Wolseley is historically popular, and a low entry price could offer cash-flow potential or gradual appreciation. However, the small size and age may limit resale demand, and older homes often carry higher maintenance costs. The investment case depends heavily on condition and renovation needs.
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