208 Lipton Street

Wolseley, Winnipeg

Property score

63.1

Fair

Overall 63.1 · Compared with neighbourhood average

1,477 sqft (bottom 43%) · Built in 1911 (5 yrs older than avg)

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

Transit 92.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 14 dining spots, 4 healthcare facilitys, 3 shops, and 3 parks nearby

Living Area

Near average

9% smaller than neighborhood avg.

Year Built

Near average

5 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

63.1 is composed by the two sections below.

Property Score

55.1Fair
Living Area1,477 sqft75Good
Year Built191116Low
Lot Size2,828 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

above average
1,477 sqft
0255075100
Same streetTop 19%Same areaBottom 43%CitywideTop 32%
Same street · Lipton Street
#115 / 616
Top 19% · Avg 1,163 sqft
Same area · Wolseley
#1,338 / 2,349
Bottom 43% · Avg 1,622 sqft
Citywide · Winnipeg
#62,057 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
393k
0255075100
Same streetTop 8%Same areaTop 32%CitywideTop 40%
Same street · Lipton Street
#48 / 616
Top 8% · Avg 250.2k
Same area · Wolseley
#743 / 2,349
Top 32% · Avg 371.3k
Citywide · Winnipeg
#78,073 / 194,458
Top 40% · Avg 390.1k

Year Built

around average
1911
0255075100
Same streetBottom 37%Same areaTop 50%CitywideBottom 7%

Lot Size

around average
2,828 sqft
0255075100
Same streetTop 33%Same areaBottom 29%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

208 Lipton Street — 33 amenities found within 500 m, across 7 categories, including 14 dining (nearest 141 m), 4 healthcare (nearest 140 m), 3 shopping (nearest 277 m).

Search radius
🍽️Dining14
🏥Healthcare4
🛒Shopping3
🌳Parks3
💪Sports2
Worship6
🏛️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 5/2019CA$300k–350k
Sold price

Same street

Top 17%

Same area

Bottom 47%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 208 Lipton Street, Winnipeg

208 Lipton Street – Property Summary

Key Characteristics & Appeal

This is a 1,477-square-foot home on a 2,828-square-foot lot, built in 1911 and currently assessed at $393,000. What stands out most is the assessed value relative to the street. On Lipton Street itself, this property ranks in the top 8% for value, well above the street average of $250,200. That suggests the home has been upgraded or maintained more than its immediate neighbours, or that it offers something the others don’t—more living space (top 19% on the street) is likely part of it.

At the neighbourhood level (Wolseley), the home sits around average for both living area and assessed value. The lot is below average for the neighbourhood (top 71%) and well below the citywide average, which tends toward much larger suburban lots. That’s typical for an older, established central neighbourhood—space is tighter, but the trade-off is walkability, character, and mature trees.

This property would suit a buyer who values being in an older, in-demand central neighbourhood (Wolseley) and is willing to accept a smaller lot in exchange for a home that already has above-average square footage and a higher assessed value than most on its block. It’s not a fixer-upper candidate from a value standpoint on the street, but the 1911 build year means someone buying here should be comfortable with the realities of an older home—maintenance, potential updates, and possibly less efficient systems.


Five Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
On Lipton Street, the home is in the top 8% for assessed value, meaning it's one of the higher-valued properties on the block. Within Wolseley, it's in the top 32%—solid but not exceptional for the area.

2. Is the lot size typical for Wolseley?
No. The lot is 2,828 square feet, which ranks in the bottom 29% for the neighbourhood (top 71%). Many Wolseley lots are larger, averaging 3,434 sqft. If you're after a big yard, this property is not that.

3. What does the 1911 build year mean practically?
The home is older than most in Winnipeg (top 93% of homes citywide are newer). That often means solid construction and character details, but also potential for older wiring, plumbing, and insulation. A home inspection is strongly recommended, especially for a house of this vintage.

4. How does the living space compare to other homes on the street?
The home has 1,477 sqft of living area, which is above average for Lipton Street (1,163 sqft) and ranks in the top 19%. It's slightly below the Wolseley average of 1,622 sqft, but still competitive. For a central neighbourhood, that's a comfortable amount of space.

5. Would this be a good investment property?
Given the above-street-average assessed value and strong street ranking, the home appears to already hold value well relative to its immediate neighbours. For Wolseley as a whole, it's around average, which suggests stable but not explosive appreciation potential. It's more suited as a solid primary residence than a speculative flip, unless there are further upgrades that could push it higher within the neighbourhood rankings.

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