195 Lipton Street

Wolseley, Winnipeg

Property score

59.1

Fair

Overall 59.1 · Smaller than most nearby homes

1,227 sqft (bottom 24%) · Built in 1910 (6 yrs older than avg)

Located in a above-average income area with median household income of ~71.5k

Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 13 dining spots, 4 healthcare facilitys, 3 shops, and 4 parks nearby

Living Area

Below average

24% smaller than neighborhood avg.

Year Built

Below average

6 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

59.1 is composed by the two sections below.

Property Score

48.5Low
Living Area1,227 sqft66Good
Year Built191010Low
Lot Size2,834 sqft28Low
Neighbourhood Sales Activity53Fair

Community Score

75.1Good
Household Income72Good
Education Level91Excellent
Housing Stress63Fair
Core Housing Need63Fair
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: #46110653

Community deep dive

$72K

Median household income

$97K

Average household income

13%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

42%

Single-person households

16%

Families with children

Population, labour & age

Population (2021)443
Labour force participation rate75%
Median age38.0
Avg household size2.1
Unemployment rate10%
Population density5537 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households42%
Couple families with children16%
Median household income (2020)$72K

Housing

Renter households44%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority13%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 3%

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

Rankings

Living Area

around average
1,227 sqft
0255075100
Same streetTop 39%Same areaBottom 24%CitywideTop 48%
Same street · Lipton Street
#238 / 616
Top 39% · Avg 1,163 sqft
Same area · Wolseley
#1,785 / 2,349
Bottom 24% · Avg 1,622 sqft
Citywide · Winnipeg
#92,661 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

above average
336k
0255075100
Same streetTop 13%Same areaBottom 45%CitywideBottom 41%
Same street · Lipton Street
#82 / 616
Top 13% · Avg 250.2k
Same area · Wolseley
#1,288 / 2,349
Bottom 45% · Avg 371.3k
Citywide · Winnipeg
#114,442 / 194,458
Bottom 41% · Avg 390.1k

Year Built

around average
1910
0255075100
Same streetBottom 24%Same areaBottom 34%CitywideBottom 6%

Lot Size

above average
2,834 sqft
0255075100
Same streetTop 26%Same areaBottom 30%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

195 Lipton Street — 32 amenities found within 500 m, across 7 categories, including 13 dining (nearest 147 m), 4 healthcare (nearest 215 m), 3 shopping (nearest 290 m).

Search radius
🍽️Dining13
🏥Healthcare4
🛒Shopping3
🌳Parks4
💪Sports2
Worship5
🏛️Government1

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 7/2023CA$300k–350k
Sold price

Same street

Top 20%

Same area

Bottom 39%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 195 Lipton Street, Winnipeg

195 Lipton Street — Property Summary

Key Characteristics & Who It’s For

This is a 1910-built home in Winnipeg’s Wolseley neighbourhood with 1,227 sq ft of living space on a 2,834 sq ft lot. Its assessed value for tax purposes is $336,000.

The property stands out most on its own street. Among 616 homes on Lipton Street, it ranks in the top 13% for assessed value and the top 26% for lot size, meaning it’s one of the more substantial and higher-valued properties in the immediate area. The living space is slightly above the street average but noticeably below the Wolseley neighbourhood average (1,622 sq ft). The house is older than most in the city—built when much of Wolseley was developing—but sits right around the median age for the neighbourhood itself, so it’s not unusually old for the area.

Where this property’s appeal lies is in its combination of above-average lot size and value relative to its street, in a neighbourhood with strong character. Wolseley is known for its tree-lined streets, older homes, and walkable layout. A buyer here is likely someone who values being part of an established inner-city community, doesn’t need a massive house, and sees potential in a property with good bones on a lot that offers more outdoor space than many nearby. It may also appeal to buyers who want to avoid the higher prices deeper into Wolseley but still want to be in the same general area.

This property would suit a buyer looking for an older home with character in a well-located neighbourhood, who is comfortable with a property that is not the largest or most modern in the area but offers solid value relative to its immediate neighbours. It’s less suited to someone looking for a turnkey newer build or a large family home.


Frequently Asked Questions

1. How does the age of this property compare to other homes in Wolseley?
The house was built in 1910, which is only about six years older than the average home in Wolseley (1916). It is older than the citywide average (1966), but that’s typical for this neighbourhood.

2. Is the assessed value a good indicator of market price?
Assessed value is used for tax purposes and is not the same as market price. This home is assessed at $336,000, which is above the average on Lipton Street ($250,000) but slightly below the Wolseley neighbourhood average ($371,000). Market conditions and property condition will determine actual sale price.

3. How big is the lot, and what does that mean in practice?
The lot is 2,834 sq ft. That’s above average for Lipton Street (2,677 sq ft) but below average for Wolseley (3,434 sq ft) and well below the citywide average (6,570 sq ft). In an older neighbourhood like Wolseley, a lot this size is typical—enough for a yard and garden, but not sprawling.

4. How does the living space compare to other homes on the street?
At 1,227 sq ft, the living area is slightly above the average for Lipton Street (1,163 sq ft). It ranks in the top 39% on the street, meaning it’s on the larger side for immediate neighbours, though not exceptional.

5. What type of buyer typically looks at a property like this?
Buyers interested in this home are often drawn to established neighbourhoods with a strong sense of place, older architecture, and walkability. They tend to be willing to trade a newer, bigger home for character and location, and they’re usually prepared for some maintenance or updating that comes with a century-old house.

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