199 Ethelbert Street – Property Summary

Key Characteristics & Buyer Profile

This is a 1912 home in Wolseley with 2,163 square feet of living space on a 3,676-square-foot lot. Its assessed value is $471,000.

The property stands out most for its size. It’s larger than 93% of homes citywide and 87% of homes in its own neighbourhood. The lot, while smaller than the city average, is above average for Wolseley—meaning you get more outdoor space than most nearby homes, even if it’s not generous by suburban standards. The assessed value aligns closely with the street average but sits well above the neighbourhood and city medians, reflecting both the larger footprint and the premium of a well-established area like Wolseley.

The building’s age (1912) is typical for the street and the neighbourhood, but it is older than the vast majority of homes across Winnipeg. This suggests character details, mature landscaping, and a denser, walkable street pattern—but also likely means older systems, less insulation, and potentially higher maintenance demands.

This property would suit a buyer who values space and a central, historic neighbourhood over a newer, move-in-ready structure. Someone with an appreciation for pre-war architecture, or who is willing to invest in updates over time, may find it a compelling fit. It's less suited to someone seeking a low-maintenance, modern home on a large suburban lot.

Frequently Asked Questions

1. How does the living space compare to other homes in Wolseley?
This home’s 2,163 sqft is well above the Wolseley average of 1,622 sqft. It ranks in the top 13% of the neighbourhood. On its own street, it’s closer to the average—around the middle of the pack.

2. Is the assessed value in line with what similar homes sell for?
The assessed value is $471,000, which is slightly above the street average but significantly above the Wolseley average of $371,300. Keep in mind that assessed value isn’t the same as market price—it’s a benchmark for property tax, and actual sale prices can vary based on condition, renovations, and recent market activity.

3. What should I expect from a home built in 1912?
You’re likely looking at plaster walls, possibly original woodwork, and a layout that differs from modern open-concept designs. Major systems (electrical, plumbing, heating, roof) are often updated by now, but not always. A thorough home inspection is particularly important for a home of this age. It’s also worth checking for knob-and-tube wiring, lead or galvanized pipes, and the condition of the foundation.

4. Is the lot size small for this area?
The lot is 3,676 sqft. On Ethelbert Street, lots tend to be slightly larger on average, so this one ranks in the bottom 20% of the street. However, within Wolseley as a whole, it’s above the average lot size. Compared to newer Winnipeg subdivisions where lots often exceed 6,000 sqft, it is modest.

5. How walkable or transit-friendly is this location?
Wolseley is a mature, grid-pattern neighbourhood with a mix of commercial corridors nearby. The property is centrally located within the city. While walk and transit scores aren’t included here, the dense street network and proximity to amenities are typical of this area—meaning many daily errands can be done on foot or by bike, and bus routes are generally accessible.