39 Knappen Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1905-built home with 1,080 sq ft of living space and a 2,964 sq ft lot, located on Knappen Avenue in Winnipeg’s Wolseley neighbourhood.

The property’s strongest feature is its lot size. On its street, it ranks 3rd out of 30 homes for land area (top 10%), meaning it offers more outdoor space than most nearby properties. The house itself is also on the older end, ranking 4th on the street for age—which, in a character neighbourhood like Wolseley, often signals original detailing or pre-war construction that appeals to buyers looking for charm rather than modern finishes.

Where the property falls short is in its assessed value and living space relative to the broader community. The assessed value ($200,000) ranks near the bottom of Wolseley (99th percentile), and the square footage is below the neighbourhood average of 1,622 sq ft. This suggests the home may need updates or is smaller than what many buyers in the area are looking for. City-wide, it sits near the middle for size but well below average for lot size, meaning larger suburban lots are common elsewhere.

Who it suits: Buyers who prioritize a generous lot in an established, walkable neighbourhood and are comfortable with a smaller, older home that may require renovation. First-time buyers or those looking to get into Wolseley at a lower price point may find it a practical entry. Investors might also see potential if the lot allows for future expansion or redevelopment, though that would need local zoning confirmation.

Five Possible FAQs

1. How do the property taxes compare to other homes in Wolseley?
The assessed value is $200,000, which is well below the Wolseley average of $371,000. This means property taxes are likely lower than most homes in the area, though actual tax amounts depend on the current mill rate.

2. Is the house considered historically significant because of its age?
Not necessarily. While 1905 is old by Winnipeg standards, the neighbourhood has many homes from the same era. The property isn’t listed as a heritage building in the data provided, but buyers should check with the city if they plan major renovations, as older homes sometimes have restrictions.

3. What does a land area of 2,964 sq ft actually mean for a lot in Wolseley?
It’s slightly above the street average and close to the neighbourhood average. For context, a typical lot in newer suburban subdivisions can be 4,000–6,000 sq ft or more, so this is a compact urban lot. It’s large enough for a garden or small extension, but not for a double garage or major addition without careful planning.

4. How does the living space compare to other 1905 homes in the city?
Homes built in 1905 in Winnipeg vary widely. Many were modest worker cottages, while others were larger homes for wealthier families. At 1,080 sq ft, this is on the smaller side—consistent with a simple, single-family dwelling from that period. Buyers expecting spacious rooms or high ceilings should verify in person.

5. Should I be concerned that the assessed value is much lower than the neighbourhood average?
Not necessarily, but it’s worth investigating. A low assessment can mean the home hasn’t been updated recently, or it could reflect deferred maintenance. It could also be a buying opportunity if the structure is sound and you’re willing to invest in improvements. A home inspection is strongly recommended before making an offer.