27 Evanson Street – Property Summary

Key Characteristics & Buyer Profile

This is a 1940-built home with 1,144 sq ft of living space on a 2,100 sq ft lot. Its strongest feature is the building itself. The construction year places it among the oldest homes on the street (top 3%) and well within the older character of the Wolseley neighbourhood (top 6%). The assessed value is also notably high relative to the street and area—within the top 11% on Evanson and top 25% in Wolseley—suggesting the property has been maintained or upgraded in ways that local assessors recognise.

Where the property sits below average is land area. The lot is smaller than most in the neighbourhood and significantly smaller than the citywide average. The living space is also on the smaller side compared to other homes on the same street and in Wolseley, though it’s close to the citywide average.

The appeal here is for someone who values an older, established home in a sought-after central neighbourhood like Wolseley, and who isn’t looking for a large yard or sprawling square footage. It would suit buyers who prioritise character, location, and a home that has likely been well cared for over one that offers maximum space. It may also appeal to those who appreciate that the assessed value reflects something above the typical starter-home level, indicating a property that has held or grown its value in context. The smaller lot could be a practical advantage for low-maintenance living.

Five Possible FAQs

1. How does this home’s size compare to others in Wolseley?
   The living area is below the neighbourhood average (1,144 sq ft vs. roughly 1,622 sq ft). It’s also smaller than the average on Evanson Street. However, it’s close to the citywide average for Winnipeg.

2. Does the small lot affect the home’s value?
   The lot is smaller than most in the area—bottom 1% in Wolseley and citywide. But the home’s assessed value is above average locally, which suggests the house itself, its condition, or its location carry more weight in this case than land size.

3. Is the assessed value a fair estimate of market price?
   Assessed value is used for property tax purposes and doesn’t always match market price. However, the fact that it ranks well above average on the street and in the area indicates the property is considered above typical for tax valuation, which can sometimes support a higher asking price.

4. Is this a character home, and does it have heritage protections?
   Built in 1940, it’s old enough to be considered a character home in Wolseley, a neighbourhood known for its older housing stock. Whether it has specific heritage or zoning protections isn’t clear from the data, but buyers should check with the city, especially before planning major renovations.

5. Why is the land area so small compared to other homes in Wolseley?
   The lot size is typical for an older infill or a narrower parcel within the neighbourhood. Many Wolseley properties have larger lots, often from earlier subdivisions, but smaller lots are not unusual on certain streets or in certain sections. This can mean less yard maintenance but also less outdoor space for expansion or gardening.