Here is a clean, standalone summary of the property at 226 Sherburn Street.

Key Characteristics & Buyer Profile

This is a 1923 home in Wolseley with 1,188 sq. ft. of living space on a 3,013 sq. ft. lot. Its appeal is subtle and requires looking beyond surface-level stats. The home ranks well on its own street—above average in assessed value (top 30%) and around average in size and lot. But compared to the broader Wolseley neighborhood, it’s below average in value and living area. This means it’s one of the more affordable, smaller-footprint options in a desirable, older character area. The house is actually older than most homes on its street (built 1923 vs. an average of 1925), but within Wolseley itself, it’s a relatively newer build—ranking in the top 20% for age. Citywide, the lot is notably small (top 88% for being on the smaller side), which is typical for a dense, walkable neighborhood like this.

What makes it interesting: The home is a relative bargain within Wolseley, not compared to other neighborhoods. Buyers get the address and the neighborhood character without paying the top-of-market price.

Who it suits: First-time buyers looking for an affordable entry into a character neighborhood, or those who prioritize walkability and a mature-lot setting over a large home or yard. It may also appeal to buyers who want a solid structure to update over time, rather than a turnkey property.

Frequently Asked Questions

1. How does the assessed value of $287k compare to similar homes nearby?
On its own street (Sherburn Street), the assessed value is above average—ranking in the top 30%. But within the wider Wolseley neighborhood, it’s below the average of $371.3k. Citywide, it’s also below the average of $390.1k. So you’re paying more than your immediate neighbours, but less than what’s typical for the area.

2. The living area is 1,188 sq. ft. Is that small for Wolseley?
Yes. It’s below the neighborhood average of 1,622 sq. ft.. However, on Sherburn Street itself, it’s right around the average for similar homes. The home is a standard size for its immediate block, but smaller than many homes in the broader Wolseley area.

3. How old is this house, and is that a concern?
Built in 1923, it’s older than the citywide average (1966) and slightly older than most homes on its street (average 1925). But within Wolseley, it’s actually considered newer—ranking in the top 20% for younger homes. The age is typical for the area, not an outlier.

4. The lot is listed at 3,013 sq. ft. Is that typical for Winnipeg?
No. Citywide, the average lot for comparable homes is 6,570 sq. ft., so this is a much smaller lot (in the top 88% for being small). Within Wolseley, 3,013 sq. ft. is around average for the neighborhood. This is a dense, older area, so small lots are normal and expected.

5. How do I see this house compared to others nearby?
The property page includes a link to a neighbourhood analysis map. That tool shows this home on a map next to nearby houses, allowing you to compare year built, living area, assessed value, and lot size in detail. Click “Open neighbourhood map analysis” to view it.