Property score
56.2
Fair
Overall 56.2 · Larger but older than most nearby homes
1,248 sqft (top 4%) · Built in 1912 (24 yrs older than avg)
Located in a average-income area with median household income of ~61.2k
Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 11 dining spots, 4 healthcare facilitys, 6 shops, and 3 parks nearby
Living Area
Above average
50% larger than neighborhood avg.
Year Built
Below average
24 yrs older than neighborhood avg.
Mother tongue
English · 84%French · 2%
Past 10 years Wolseley sales snapshot (~80% of all data)
89
207k
$242/sqft
1936
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56.2 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” (Condos, 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: #46110647
$61K
Median household income
$74K
Average household income
18%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.5
P90 / P10 ratio
46%
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 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
4-828 Preston Avenue — 38 amenities found within 500 m, across 8 categories, including 11 dining (nearest 215 m), 4 healthcare (nearest 254 m), 6 shopping (nearest 256 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 29% | Bottom 48% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
This property at 4-828 Preston Avenue is a 1,248 sqft home built in 1912, located in Winnipeg’s Wolseley neighbourhood. Its standout feature is its living space: it is the largest home on its street (top 3%) and ranks within the top 4% of its community. At 1,248 sqft, it is roughly 300 sqft larger than the average Wolseley property and 200 sqft larger than the Winnipeg-wide average. The assessed value sits around $152,000, which is close to the street and neighbourhood averages but significantly below the citywide median of $256,000 — a reflection of the home’s age and location in an established, older area.
The appeal here is space per dollar. For buyers who prioritize square footage over a modern build, this property offers uncommon roominess within a historic, walkable neighbourhood. It would suit someone who values character and interior volume — likely a buyer who is comfortable with an older home’s maintenance realities and is not chasing a newly constructed finish. It is not ideal for someone seeking turnkey modern finishes or a low-maintenance newer build. Given its 1912 vintage, the home likely has original details but also requires a discerning eye for structural and system updates.
1. Is the 1912 build a concern for condition?
It depends on how the home has been maintained. Many 1912 homes in Wolseley retain solid bones and character features like high ceilings, but systems (electrical, plumbing, foundation) should be professionally inspected. Age alone isn’t a red flag; lack of updates is.
2. Why is the assessed value so much lower than the city average?
This neighbourhood has older, more modestly assessed housing stock. Citywide averages are pulled up by newer suburban builds. A lower assessment means proportionally lower property taxes, which can be an advantage for the buyer.
3. How does the size compare to typical Wolseley homes?
It is significantly larger. Most homes in this area are around 830 sqft. This property offers about 50% more living space, making it a rare find for someone needing extra room without leaving the neighbourhood.
4. Does the street ranking for living space matter in practice?
It indicates that you will likely have more interior space than your immediate neighbours. For things like privacy, layout flexibility, and room for guests or a home office, this is a tangible benefit — not just a statistic.
5. Should I compare this home to newer Winnipeg listings?
Only if space and character matter more to you than modern finishes or energy efficiency. Newer homes in the city average smaller square footage and higher taxes, but they also typically have lower immediate maintenance needs. This home is best compared to other older homes in central neighbourhoods.
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