67.1
Good
Property score
67.1
Good
Overall 67.1
Compared with neighbourhood average
1,740 sqft (top 40%)
Built in 1911 (5 yrs older than avg)
Located in a above-average income area
with median household income of ~71.5k
Transit 92.0
2-min walk to transit with 5 nearby routes
Within 500m: 15 dining spots, 6 healthcare facilitys, 4 shops, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
7% larger than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 3%
Past 10 years Wolseley sales snapshot (~80% of all data)
820
382.5k
$285/sqft
1916
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67.1 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: #46110653
$72K
Median household income
$97K
Average household income
13%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
42%
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
231 Lipton Street — 38 amenities found within 500 m, across 7 categories, including 15 dining (nearest 104 m), 6 healthcare (nearest 147 m), 4 shopping (nearest 209 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 10% | Top 35% | Top 40% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 38% | Bottom 12% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1,740 sqft home on Lipton Street in Wolseley offers more interior space than most nearby properties—ranking in the top 8% on the street and top 19% citywide. The assessed value of $336k sits above the street average ($250.2k) but slightly below the neighbourhood and city medians, suggesting the home is priced competitively relative to its size. Built in 1911, the house is older than the Winnipeg average (1966) but typical for Wolseley, where many homes date between 1916 and 1919. The land area of 2,926 sqft is slightly above the street average but well below the citywide norm (6,570 sqft), reflecting a compact urban lot.
The appeal lies in the combination of generous interior space, a strong street-level value ranking, and a location in a sought-after neighbourhood known for its character homes and mature tree canopy. This property would suit buyers who prioritize living area over lot size—families or couples wanting ample room inside without the maintenance of a large yard. It also fits those who are drawn to older homes with neighbourhood character, and who are comfortable with a property that is priced below the typical citywide value for its living area, potentially offering room for equity growth. Less obviously, the data hints at a potential disconnect: while the home is larger than average across all three geographic levels, its assessed value lags behind neighbourhood and city medians, which may point to interior finishes or systems that are dated—worth investigating during a viewing, but also a possible opportunity for a buyer willing to invest in updates.
How does the size of this home compare to others on Lipton Street?
At 1,740 sqft, it’s significantly larger than the street average of 1,163 sqft. On Lipton Street, only about 50 homes are bigger, placing it in the top 8%.
The assessed value is $336k—is that high or low for the area?
It’s well above the street average ($250.2k), likely because bigger homes on the street tend to be worth more. But it’s slightly below the Wolseley average ($371.3k), meaning you’re getting more space for closer to the lower end of the neighbourhood price range.
The house was built in 1911. What should I know about older homes in Wolseley?
Many homes in Wolseley are from the 1910s, so you’re not alone. Expect possible older wiring, plumbing, or foundation work, but also solid construction and often good bones. It’s wise to budget for updates and get a thorough inspection.
The land area is 2,926 sqft—is that small?
It’s about average for Lipton Street (top 23%), but small compared to typical Winnipeg lots, many of which are over 6,000 sqft. This is common for older, walkable neighbourhoods where lots are compact. Expect less lawn and more patio or garden space.
Could this be a good investment property?
Possibly. The combination of above-average living area, below-neighbourhood assessed value, and a desirable location could mean the property is undervalued relative to its size. That said, the older construction and smaller lot may limit resale appeal if buyers prioritize land over square footage.
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