188 Chestnut Street

Wolseley, Winnipeg

68.4

Good

Overall 68.4

Larger but older than most nearby homes

1,886 sqft (top 29%)

Built in 1907 (9 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 7 nearby routes

Within 500m: 17 dining spots, 3 schools, 8 healthcare facilitys, and 8 shops nearby

Living Area

Above average

16% larger than neighborhood avg.

Year Built

Below average

9 yrs older than neighborhood avg.

Mother tongue

English · 85%French · 3%

Past 10 years Wolseley sales snapshot (~80% of all data)

Sold Count

820

Median price

382.5k

$/sqft

$285/sqft

Avg build year

1916

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Property score

68.4 is composed by the two sections below.

Property Score

62.3Fair
Living Area1,886 sqft89Excellent
Year Built190710Low
Lot Size2,940 sqft28Low
Neighbourhood Sales Activity53Fair

Community Score

77.5Good
Household Income72Good
Education Level91Excellent
Housing Stress74Good
Core Housing Need76Good
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110646

Community deep dive

$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

Population, labour & age

Population (2021)370
Labour force participation rate69%
Median age36.0
Avg household size2.2
Unemployment rate4%
Population density6166 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households41%
Couple families with children17%
Median household income (2020)$72K

Housing

Renter households54%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority7%
Bachelor's or higher (25–64)50%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,886 sqft
0255075100
Same streetTop 42%Same areaTop 29%CitywideTop 14%
Same street · Chestnut Street
#42 / 99
Top 42% · Avg 1,810 sqft
Same area · Wolseley
#684 / 2,349
Top 29% · Avg 1,622 sqft
Citywide · Winnipeg
#27,109 / 194,458
Top 14% · Avg 1,342 sqft

Tax-Assessed Value

around average
392k
0255075100
Same streetTop 34%Same areaTop 32%CitywideTop 40%
Same street · Chestnut Street
#34 / 99
Top 34% · Avg 358.5k
Same area · Wolseley
#749 / 2,349
Top 32% · Avg 371.3k
Citywide · Winnipeg
#78,603 / 194,458
Top 40% · Avg 390.1k

Year Built

around average
1907
0255075100
Same streetBottom 33%Same areaBottom 11%CitywideBottom 4%

Lot Size

around average
2,940 sqft
0255075100
Same streetBottom 18%Same areaBottom 32%CitywideBottom 9%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

188 Chestnut Street — 52 amenities found within 500 m, across 9 categories, including 17 dining (nearest 141 m), 3 education (nearest 416 m), 8 healthcare (nearest 386 m).

Search radius
🍽️Dining17
🏫Education3
🏥Healthcare8
🛒Shopping8
🌳Parks3
💪Sports2
🏦Finance1
Fuel Stations1
Worship9

Crime & Safety

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%

Sales History

Sold 6/2021CA$350k–400k
Sold price

Same street

Top 41%

Same area

Top 33%

City-wide

Top 38%
Sold 10/2019CA$300k–350k
Sold price

Same street

Bottom 37%

Same area

Bottom 45%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 188 Chestnut Street, Winnipeg

188 Chestnut Street – Property Summary

Key Characteristics & Buyer Profile

This 1,886 sqft home on Chestnut Street was built in 1907 and sits on a 2,940 sqft lot. Its assessed value is $392,000.

The property’s main strength is its living space. It’s above average for its street (42nd percentile), well above average for the Wolseley neighbourhood (29th percentile), and ranks in the top 14% citywide. In practical terms, this means the house offers noticeably more interior room than most comparable homes in Winnipeg.

The lot is on the smaller side—below average for the street and for the city overall. This is common for older, character homes in established central neighbourhoods. The year built (1907) also places it among the older homes in Wolseley and citywide, which may appeal to buyers who appreciate pre-war construction and original detailing.

Where the property sits in terms of value is straightforward: it’s around the average on its street, in the neighbourhood, and across the city. It’s not undervalued or overvalued relative to its peers.

This home would suit buyers who prioritize interior square footage and want to be in Wolseley—a walkable, mature neighbourhood with a mix of historic houses and established tree-lined streets. It’s less suited to someone seeking a large yard or a newer, low-maintenance property. Buyers should also be aware that older homes can come with higher upkeep, especially regarding foundations, wiring, and plumbing.


Five Possible FAQs

1. How does the living space compare to other homes in Wolseley?
The 1,886 sqft is above average for the neighbourhood, and significantly above the citywide average for comparable homes (1,342 sqft). It ranks in the top 29% within Wolseley.

2. Is the lot size typical for this area?
Not really. At 2,940 sqft, it’s smaller than the average lot on Chestnut Street and well below the citywide average (6,570 sqft). However, it’s fairly typical for older infill lots in central Winnipeg neighbourhoods, where yards tend to be compact.

3. What does the assessed value tell me about pricing?
The $392,000 assessment is roughly in line with other homes on the street, in Wolseley, and across the city. It suggests the property is neither a bargain nor overpriced relative to its location and size. Keep in mind that assessed value isn’t always the same as market value, but it provides a useful benchmark.

4. How old is the house, and should that be a concern?
Built in 1907, it’s older than most homes citywide (top 96% for age) and older than many in Wolseley. While older homes often have better materials and craftsmanship, buyers should budget for potential updates to electrical systems, plumbing, insulation, and the roof. A thorough home inspection is strongly recommended.

5. What kind of buyer is this property best for?
Someone who values interior space and wants to live in Wolseley without paying a premium for a large yard or a recently built home. It would work well for a family, a couple, or someone who plans to renovate selectively. It’s less ideal for buyers seeking a move-in-ready newer build or a property with a big outdoor area.

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