40 Ruby Street

Wolseley, Winnipeg

Property score

59.6

Fair

Overall 59.6 · Smaller than most nearby homes

1,243 sqft (bottom 26%) · Built in 1912 (4 yrs older than avg)

Located in a above-average income area with median household income of ~71k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 2 dining spots, 1 school, 1 shop, and 5 parks nearby

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Near average

4 yrs older than neighborhood avg.

Mother tongue

English · 82%French · 2%

Past 10 years Wolseley sales snapshot (~80% of all data)

Sold Count

820

Median price

382.5k

$/sqft

$285/sqft

Avg build year

1916

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

59.6 is composed by the two sections below.

Property Score

51.2Fair
Living Area1,243 sqft66Good
Year Built191216Low
Lot Size3,050 sqft38Low
Neighbourhood Sales Activity53Fair

Community Score

72.3Good
Household Income72Good
Education Level91Excellent
Housing Stress42Low
Core Housing Need63Fair
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110650

Community deep dive

$71K

Median household income

$81K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.3

P90 / P10 ratio

37%

Single-person households

19%

Families with children

Population, labour & age

Population (2021)539
Labour force participation rate75%
Median age35.2
Avg household size2.1
Unemployment rate15%
Population density5390 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households37%
Couple families with children19%
Median household income (2020)$71K

Housing

Renter households57%
Condominium dwellings6%
Median dwelling value (owners)$340K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority21%
Bachelor's or higher (25–64)50%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,243 sqft
0255075100
Same streetBottom 10%Same areaBottom 26%CitywideTop 46%
Same street · Ruby Street
#103 / 115
Bottom 10% · Avg 1,686 sqft
Same area · Wolseley
#1,736 / 2,349
Bottom 26% · Avg 1,622 sqft
Citywide · Winnipeg
#89,935 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

above average
407k
0255075100
Same streetTop 32%Same areaTop 27%CitywideTop 37%
Same street · Ruby Street
#37 / 115
Top 32% · Avg 372.5k
Same area · Wolseley
#634 / 2,349
Top 27% · Avg 371.3k
Citywide · Winnipeg
#71,270 / 194,458
Top 37% · Avg 390.1k

Year Built

above average
1912
0255075100
Same streetTop 27%Same areaTop 36%CitywideBottom 8%

Lot Size

above average
3,050 sqft
0255075100
Same streetTop 15%Same areaTop 50%CitywideBottom 13%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

40 Ruby Street — 10 amenities found within 500 m, across 5 categories, including 2 dining (nearest 297 m), 1 education (nearest 115 m), 1 shopping (nearest 374 m).

Search radius
🍽️Dining2
🏫Education1
🛒Shopping1
🌳Parks5
💪Sports1

Crime & Safety

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%

Sales History

Sold 11/2024CA$350k–400k
Sold price

Same street

Top 37%

Same area

Top 29%

City-wide

Top 36%

Related homes

Highlights & common questions: 40 Ruby Street, Winnipeg

Key Characteristics & Buyer Profile

This is a 1912 home with 1,243 sq ft of living space on a 3,050 sq ft lot in Wolseley. Its appeal lies in its land-to-house ratio: the lot is larger than typical for Ruby Street (ranking in the top 15%), even though the house itself is on the smaller side for both the street and the neighbourhood. For Wolseley, where lots average 3,434 sq ft, this property offers more outdoor space relative to its interior footprint.

The assessed value sits slightly above the neighbourhood average, reflecting the land's weight. The home’s age (1912) is typical for the area, meaning it likely shares the character and bones of its neighbours, but may also require the upkeep common to century-old houses.

This property suits buyers who prioritize a usable yard over a large floor plan—people who want outdoor space in a mature, walkable neighbourhood without paying for square footage they won’t use. It’s less suited to someone looking for a move-in-ready, low-maintenance newer build, or a family needing a lot of interior room.


Five Possible FAQs

1. How does this home’s size compare to others nearby?
It’s smaller than the average for Ruby Street (1,686 sq ft) and Wolseley (1,622 sq ft), but closer to the city-wide average (1,342 sq ft). You’re getting less indoor space than most neighbours, but more land than typical on this street.

2. Is the assessed value (for tax purposes) in line with the market?
The assessment of $407,000 is slightly above the street average and the neighbourhood average. The city-wide average is $390,000, so this property is assessed a bit higher than typical, likely due to a larger-than-average lot.

3. What should I know about a house built in 1912?
The home is older than the city-wide average (1966), but typical for Wolseley. Older construction often means solid materials (like old-growth lumber) but also potential issues with wiring, plumbing, insulation, and foundations. A thorough inspection is recommended.

4. How does the lot size affect my options?
At 3,050 sq ft, the lot is generous by street standards but below the city average (6,570 sq ft). In a dense, mature neighbourhood like Wolseley, that extra outdoor space is a genuine asset—especially for gardening, entertaining, or storage—but it won’t allow for major expansion without variance.

5. Who typically buys in Wolseley?
Wolseley attracts a mix of first-time buyers, professionals, and downsizers who value walkability, older character homes, and established tree-lined streets. It’s less common for families wanting new construction or large, open-concept layouts.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.