221 Walnut Street

Wolseley, Winnipeg

64.5

Fair

Overall 64.5

Larger than most nearby homes

2,127 sqft (top 15%)

Built in 1911 (5 yrs older than avg)

Located in a average-income area

with median household income of ~56.4k

Transit 92.0

2-min walk to transit with 5 nearby routes

Within 500m: 16 dining spots, 1 school, 13 healthcare facilitys, and 6 shops nearby

Living Area

Above average

31% larger than neighborhood avg.

Year Built

Near average

5 yrs older than neighborhood avg.

Mother tongue

English · 84%French · 2%

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

64.5 is composed by the two sections below.

Property Score

68.0Good
Living Area2,127 sqft94Excellent
Year Built191116Low
Lot Size3,459 sqft38Low
Neighbourhood Sales Activity53Fair

Community Score

59.2Fair
Household Income60Fair
Education Level72Good
Housing Stress42Low
Core Housing Need38Low
Employment Health68Good

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: #46110645

Community deep dive

$56K

Median household income

$70K

Average household income

19%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.5

P90 / P10 ratio

43%

Single-person households

16%

Families with children

Population, labour & age

Population (2021)504
Labour force participation rate64%
Median age36.0
Avg household size2.0
Unemployment rate6%
Population density7200 / km²

Households & income

Low income (LIM-AT, % pop.)19%
Single-person households43%
Couple families with children16%
Median household income (2020)$56K

Housing

Renter households54%
Condominium dwellings16%
Median dwelling value (owners)$332K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority15%
Bachelor's or higher (25–64)39%
Mother tongue (1st)English · 83%
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
2,127 sqft
0255075100
Same streetTop 10%Same areaTop 15%CitywideTop 8%
Same street · Walnut Street
#9 / 87
Top 10% · Avg 1,723 sqft
Same area · Wolseley
#361 / 2,349
Top 15% · Avg 1,622 sqft
Citywide · Winnipeg
#15,430 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

above average
402k
0255075100
Same streetTop 24%Same areaTop 29%CitywideTop 38%
Same street · Walnut Street
#21 / 87
Top 24% · Avg 337.5k
Same area · Wolseley
#675 / 2,349
Top 29% · Avg 371.3k
Citywide · Winnipeg
#73,515 / 194,458
Top 38% · Avg 390.1k

Year Built

above average
1911
0255075100
Same streetTop 6%Same areaTop 50%CitywideBottom 7%

Lot Size

above average
3,459 sqft
0255075100
Same streetTop 15%Same areaTop 32%CitywideBottom 19%

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

221 Walnut Street — 56 amenities found within 500 m, across 9 categories, including 16 dining (nearest 282 m), 1 education (nearest 215 m), 13 healthcare (nearest 254 m).

Search radius
🍽️Dining16
🏫Education1
🏥Healthcare13
🛒Shopping6
🌳Parks3
💪Sports2
🏦Finance2
Fuel Stations3
Worship10

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 8/2021CA$350k–400k
Sold price

Same street

Top 39%

Same area

Top 43%

City-wide

Top 46%
Sold 7/2016CA$300k–350k
Sold price

Same street

Top 47%

Same area

Top 47%

City-wide

Top 48%

Related homes

Highlights & common questions: 221 Walnut Street, Winnipeg

221 Walnut Street — Property Overview

Key Characteristics & Ideal Buyer Profile

This 1911 home in Wolseley offers 2,127 square feet of living space on a 3,459-square-foot lot. The property stands out most for its size: ranked in the top 10% on its street, top 15% in the neighbourhood, and top 8% citywide for living area. The lot is generous by street standards (top 15%) but modest compared to the city average, which reflects the older, more compact character of central Winnipeg neighbourhoods.

The assessed value of $402,000 sits above the street average ($337,500) and neighbourhood average ($371,300), but lands right around the citywide median. This suggests the home's value is tied more to its size and location than to recent renovations or premium finishes — something to verify in person.

The year built (1911) is typical for Wolseley but places the home in the oldest 7% citywide. Buyers should expect character details alongside the realities of an older home: potential updates needed for plumbing, electrical, insulation, and windows.

Who it suits: Buyers who want above-average interior space in a central, established neighbourhood, and who value location and square footage over a modern build. It's less suited for someone seeking a large yard or a turnkey property.


Frequently Asked Questions

1. How does the lot size compare to other homes in Wolseley?
The lot is slightly above average for the street (top 15%) and right around the neighbourhood median. Citywide, it's on the smaller side — typical for inner-city areas where land is more expensive per square foot.

2. Is the assessed value a reliable indicator of market price?
Assessed value reflects the city's estimate for property tax purposes, not current market value. In a neighbourhood like Wolseley with strong demand, homes often sell above assessment. Comparable sales in the area will give a clearer picture.

3. What should I look for in a 1911 home beyond the obvious?
Check the foundation for settling or cracks, especially in clay soil areas common to Winnipeg. Look at the electrical panel — knob-and-tube wiring may still be present. Also note whether windows are original or replaced, and ask about insulation in exterior walls and attic space.

4. How does this home compare to others on Walnut Street specifically?
It's one of the larger homes on the street (ranked 9th out of 87), and one of the older ones (ranked 5th for year built). The assessed value is higher than most on the street, but that's consistent with the larger living area.

5. What's the neighbourhood like for families or professionals?
Wolseley is a well-established area with mature trees, a mix of families and long-term residents, and walkable access to shops, schools, and the river. Homes here tend to hold value well, though you're paying a premium for proximity rather than for a large yard or modern finishes.

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