65.6
Good
Property score
65.6
Good
Overall 65.6
Larger but older than most nearby homes
1,911 sqft (top 27%)
Built in 1907 (9 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 7 nearby routes
Within 500m: 16 dining spots, 1 school, 13 healthcare facilitys, and 5 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
18% larger than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 84%French · 2%
Past 10 years Wolseley sales snapshot (~80% of all data)
820
382.5k
$285/sqft
1916
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65.6 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110645
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
229 Walnut Street — 53 amenities found within 500 m, across 9 categories, including 16 dining (nearest 273 m), 1 education (nearest 204 m), 13 healthcare (nearest 248 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 18% | Top 23% | Top 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1,911-square-foot house on Walnut Street in Wolseley, built in 1907. The standout feature is the land: the lot is 5,087 square feet, which ranks #1 on its street (top 1%) and well above both the street and neighbourhood averages. The house itself is also larger than most nearby homes—ranking in the top 24% on the street and top 13% citywide—and its assessed value of $439,000 reflects that combination of size and location. The house is older than many in the area (top 89% by year built in the neighbourhood), meaning it has likely retained original character or requires upgrades typical of a home from that era.
Who it suits: Buyers who value a large lot in a desirable central neighbourhood and are comfortable with an older home. The land is rare for Walnut Street, so it could appeal to someone planning a renovation, addition, or simply wanting more outdoor space than most homes in Wolseley offer. It's less suited for someone seeking a move-in-ready, newer build or a standard lot size—this property is distinct in its space profile.
1. Why is the land area so much larger than the street average?
The lot is 5,087 sq ft, while the average on Walnut Street is 2,887 sq ft. This is likely a corner lot or a deep lot from an older subdivision. The neighbourhood average is 3,434 sq ft, so it's also well above that, though citywide the typical lot is larger (6,570 sq ft), meaning this is big for Wolseley but not unusual for Winnipeg as a whole.
2. Is the assessed value of $439k fair given the house's age?
Compared to the street average of $337.5k, it's significantly higher, but that largely reflects the extra land and living space. Within the neighbourhood, the average is $371.3k, so this home is above that too. The assessed value seems to align with the property's relative size and lot ranking—it's not an outlier, just a premium placement.
3. What should I expect from a 1907 house in terms of maintenance?
Homes of this vintage often have solid bones (thick plaster walls, hardwood floors, good timber) but may need updates to electrical, plumbing, insulation, and windows. Given that this house ranks in the top 89% for age in the neighbourhood, it's older than the local average (1916), so it's worth factoring in potential retrofit costs. The year built is not a problem per se, but it's not a recent renovation story unless disclosed.
4. How does this property compare to others in Wolseley overall?
It's in the top 6% of the neighbourhood for land area and top 20% for assessed value, making it one of the larger and more valuable properties in the area. However, it's older than about 89% of homes in Wolseley, so it stands out for having a rare combination of generous lot size and historical character. It's not the newest or most modern, but for space and land, it's a strong contender.
5. Is this a good investment for potential resale?
The land is the main asset—large lots in established central neighbourhoods tend to hold value and appreciate, especially if zoning allows for future development or subdivision. The house itself may not be the primary draw unless it's been well-maintained. If you can improve the home while keeping the lot intact, the resale potential is solid, but if the house needs major work, the return may depend on how much you invest.
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