Property Summary: 976 Sherburn Street, Wolseley

Key Characteristics & Buyer Profile

This is a 1922 home in Winnipeg’s Wolseley neighbourhood with 1,578 sq. ft. of living area—above average for the city and significantly larger than most homes on Sherburn Street, where the average is 1,162 sq. ft. The assessed value of $406,000 ranks among the top 3% on the street and top 27% in Wolseley, reflecting both its size and the premium attached to the area’s older housing stock. The lot is 3,013 sq. ft., which is slightly below typical for Wolseley and the city overall.

The appeal here is subtle. It’s not a sprawling lot or a recently built house—in fact, the 1922 construction date puts it in the older quarter of citywide homes. But in Wolseley, older buildings are part of the neighbourhood’s character, and this property’s above-average size and high assessed value suggest it has been well maintained or updated. Buyers who value craftmanship, central character neighbourhoods, and a home that’s already established—rather than a blank-slate new build—will find this compelling. It suits someone looking for solid square footage in an established mature area, likely a couple or small family who appreciates walkability, trees, and a living space that feels generous without being oversized.

Five Frequently Asked Questions

1. How does the living area compare to other homes in Wolseley?
At 1,578 sq. ft., this home is slightly below the Wolseley average of 1,622 sq. ft., but it ranks in the top half of all homes in the area. On Sherburn Street specifically, it’s in the top 15% for size, meaning it’s one of the larger homes on its block.

2. Is the assessed value high for its age?
Yes. Despite being built in 1922, the assessed value outpaces most homes on the street and in Wolseley. This suggests the property has likely been renovated, expanded, or is in notably good condition. The citywide value rank (top 37%) further confirms it’s a stronger-than-average asset for its age bracket.

3. Is the lot size a concern?
The lot is 3,013 sq. ft., which is around average for the street but smaller than much of Wolseley and the city. If you’re hoping for a large yard for gardening or children’s play, this may feel tight. However, many Wolseley homes have compact lots, and the trade-off is a walkable, established neighbourhood with mature street trees and nearby parks.

4. How old is the house, and does that matter?
The home was built in 1922, putting it in the older cohort citywide (bottom 14% by age). However, in Wolseley, it’s newer than average—the area is known for its early-1900s housing stock. Age can mean character features like hardwood trim, high ceilings, or solid construction, but it often requires ongoing maintenance and potential system upgrades.

5. What type of buyer should consider this home?
It’s well-suited for someone who values space and location over lot size and wants a home with history in a central neighbourhood. Given the assessed value and above-average living area, it may also appeal to those looking for a property with good resale or rental potential—but the small lot and older systems mean it’s not for the buyer seeking a low-maintenance, turn-key property.