52.8
Fair
Property score
52.8
Fair
Overall 52.8
Smaller and older than most nearby homes
1,206 sqft (bottom 22%)
Built in 1905 (11 yrs older than avg)
Located in a average-income area
with median household income of ~56.4k
Transit 92.0
2-min walk to transit with 5 nearby routes
Within 500m: 18 dining spots, 2 schools, 13 healthcare facilitys, and 7 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
11 yrs older than neighborhood avg.
Mother tongue
English · 84%French · 2%
Past 10 years Wolseley sales snapshot (~80% of all data)
820
382.5k
$285/sqft
1916
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52.8 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: #46110645
$56K
Median household income
$70K
Average household income
19%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.5
P90 / P10 ratio
43%
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
40 Knappen Avenue — 60 amenities found within 500 m, across 9 categories, including 18 dining (nearest 258 m), 2 education (nearest 204 m), 13 healthcare (nearest 218 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 38% | Bottom 19% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1,206 sqft home on a 2,548 sqft lot, built in 1905 and assessed at $270,000. Its main appeal lies in its street-level positioning. On Knappen Avenue, it ranks among the top homes for living area (top 43%) and is above average for its age (top 13% on the street). The assessed value sits right around the street average.
The trade-off is that, relative to the broader Wolseley neighborhood and Winnipeg as a whole, the property falls below average in nearly every metric. The lot is notably small, even by local standards. This home would suit a buyer who prioritizes value and character over space—someone comfortable with an older home (1905 construction requires upkeep) and a compact yard. It’s less suited for anyone looking for a large lot or a move-in-ready property that competes with newer builds. The data suggests this is a modest entry point into a desirable older neighborhood, not a premium asset.
1. How does this home’s size compare to others nearby?
On its own street, the living area is slightly above average. But compared to the rest of Wolseley, it's on the smaller side, and the lot is notably smaller than most homes in the area.
2. Why is the assessed value below the neighborhood average?
The value reflects the smaller living area and lot size relative to Wolseley norms. Being an older home (1905) also contributes, as newer or renovated homes in the area tend to assess higher.
3. Is a 1905 home a risky purchase?
It depends on maintenance history. The home is older than most in the city, which can mean solid construction but also systems (plumbing, electrical, foundation) that may need updating. A thorough inspection is essential.
4. How does the lot size affect usability?
At 2,548 sqft, the lot is smaller than most in Wolseley and well below the city average. This limits outdoor space for gardens, additions, or detached structures. It’s a trade-off for being on a less expensive street in the neighborhood.
5. What kind of buyer is this property best for?
Someone who values location and character over square footage and lot size. First-time buyers or those looking for a project home in a central Winnipeg neighborhood may find it a practical entry point—provided they’re prepared for the realities of a century-old house.
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