231 Arlington Street – Property Summary

Key Characteristics & Buyer Profile

This 1910 home in Wolseley offers 2,167 square feet of living space on a 3,313-square-foot lot. Its standout feature is the living area: it ranks in the top 2% on Arlington Street itself, top 13% in the neighbourhood, and top 7% citywide. For someone who values interior space over a large yard, this is a rare find—most comparable homes in Wolseley are significantly smaller inside.

The assessed value of $396,000 sits above the street average ($247,200) but near the neighbourhood and city averages. That means you're paying a premium for the street's cachet and the larger floor plan, but the price aligns closely with what similar homes cost elsewhere in Winnipeg. The lot size is roughly average for Arlington and Wolseley but below the citywide norm, which is typical for older, centrally located neighbourhoods.

This property would suit a buyer who wants a generous amount of finished living space in a historic inner-city area, doesn't need a huge yard, and is comfortable with a home built in 1910. It's less suited for someone looking for a newer build, a large lot, or a bargain relative to street-level comps.

Frequently Asked Questions

1. How does the living area compare to other homes on the street?
It's among the largest on Arlington. The average living area for comparable homes on this street is just 1,163 square feet—this home is nearly double that. That's why it ranks #8 out of 480 properties.

2. What does the assessed value tell me about market value?
Assessment is not the same as market price, but it does indicate the city's estimate of value. At $396,000, it's well above the street average but almost identical to the neighbourhood average ($371,300) and citywide average ($390,100). This suggests the home is priced in line with broader market expectations, despite the larger interior.

3. Is the lot size a concern?
It depends on what you're after. At 3,313 square feet, the lot is average for Arlington and Wolseley, but small compared to the citywide average of 6,570 square feet. That's typical for a densely built, older neighbourhood. If you want a big backyard, this isn't it—but if you prefer less maintenance and more living space, it's a good trade-off.

4. The home was built in 1910—should that be a red flag?
Not necessarily, but it's worth being aware of. It's older than the citywide average (1966) and slightly older than the neighbourhood average (1916). Homes from this era often have solid construction but may need updated electrical, plumbing, insulation, or windows. A thorough inspection would be wise. The fact that many similar-age homes remain in Wolseley suggests it's a stable, well-established area.

5. What do the rankings really mean for resale value?
The rankings show how this home compares to others in its peer group. The living area ranking (top 2% on the street) is a strong selling point—it's rare and unlikely to be replicated by nearby new builds. The lot and year rankings are more average, which means they won't hurt resale but won't drive it either. The assessed value ranking (top 7% on the street, top 39% citywide) suggests the premium is already priced in. If the neighbourhood continues to hold its value, this home should too—but it's not positioned for rapid appreciation unless the area gentrifies further.