Property Overview: 233 Garfield Street S

Key Characteristics & Buyer Profile

This 1,856 sqft home built in 1921 sits on a 3,652 sqft lot in Winnipeg’s Wolseley neighbourhood. Its standout feature is living space—it ranks in the top 2% of its street and top 15% citywide, well above the average 1,085 sqft on Garfield Street S. The assessed value of $441,000 also reflects a top-tier position within the street (top 2%), though it drops to the top 30% citywide, suggesting the street itself carries a premium. On the flip side, the lot is smaller than typical for Winnipeg (bottom 21%), which is common in older, established neighbourhoods where land was subdivided more tightly. The home’s age is typical for the street but older than the city average—something to factor into maintenance expectations.

The appeal here is straightforward: you get a genuinely spacious interior in a desirable inner-city neighbourhood, on a street that clearly commands higher values. For buyers who prioritize room to spread out over a large yard, this is a strong fit. It would suit someone looking for a character home in Wolseley—families who need the square footage, or professionals who want walkability and charm without compromising on interior space. Less obvious: the combination of a top-2% street ranking with a below-average city lot size means you’re paying for location and interior volume, not land speculation. That could appeal to buyers who see little upside in a bigger yard and prefer a more maintenance-free outdoor space.

Frequently Asked Questions

1. How does this home compare to others on the same street?
It’s among the largest and most highly assessed homes on Garfield Street S, ranking 8th out of 473 properties for both living area and assessed value. Most neighbours are around 1,085 sqft with assessments near $269,000, so this property is significantly above the street norm.

2. Is the older construction a concern?
Built in 1921, the home is older than the city average (1966) but newer than many homes in Wolseley (average 1916). Within its own street, it’s close to the median build year. Age isn’t unusual for the area, but buyers should budget for systems and structural updates that come with a century-old home.

3. Why is the lot smaller than the city average?
Wolseley was developed in the early 20th century, when lots were typically narrower and more compact than postwar subdivisions. At 3,652 sqft, it’s average for the neighbourhood but well below the citywide norm of 6,570 sqft. This is typical for mature inner-city areas and comes with less outdoor upkeep.

4. Is the assessed value aligned with market expectations?
The assessed value of $441,000 is a baseline for property tax calculations, not necessarily the market price. Given the home’s top street ranking and strong living area, it could attract a premium—or sell below assessment if the condition hasn’t kept pace with comparable properties on the street. A home inspection and recent local sales data would clarify.

5. What type of buyer should consider this property?
Someone who values interior square footage, street prestige within Wolseley, and proximity to amenities over a large yard or newer construction. It’s less suited for buyers who want a big outdoor space or a move-in-ready home with modern finishes—older homes typically require some updating.