40.5
Below average
Property score
40.5
Below average
Overall 40.5
Smaller and older than most nearby homes
800 sqft (bottom 2%)
Built in 1901 (15 yrs older than avg)
Located in a average-income area
with median household income of ~56.4k
Transit 92.0
3-min walk to transit with 5 nearby routes
Within 500m: 17 dining spots, 2 schools, 13 healthcare facilitys, and 6 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
51% smaller than neighborhood avg.
Year Built
Below average
15 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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40.5 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
42 Knappen Avenue — 58 amenities found within 500 m, across 9 categories, including 17 dining (nearest 263 m), 2 education (nearest 207 m), 13 healthcare (nearest 224 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 | Bottom 8% | Bottom 1% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1901-built home with 800 sq ft of living space on a 2,553 sq ft lot, located on Knappen Avenue in Winnipeg’s Wolseley neighbourhood. Its appeal is not in size or modernity, but in entry-level affordability within an established, character-rich area. The property ranks well below average for living space and land area at every level—street, community, and city—so it’s clearly one of the smaller, older homes in its surroundings. The assessed value ($225,000) is also below average locally, though close to the median on its own street. This makes it a practical option for first-time buyers, small households, or investors looking for a lower-cost footprint in a walkable inner-city neighbourhood. The trade-off is clear: you get less square footage and an older structure in exchange for a price point that’s hard to match in a community like Wolseley.
1. How does this home’s size compare to others in Wolseley?
It’s significantly smaller than the average. The living area is roughly 30% less than the community average of 1,622 sq ft, and the lot is about 25% smaller. On its own street, it’s also on the lower end, ranking 27th out of 30 homes by living space.
2. Is the assessed value of $225,000 aligned with the market?
It’s below the Wolseley average of $371,000 and well below the city average of $390,000, but close to the street average of $264,000. For a smaller, older home, this figure likely reflects the property’s physical attributes rather than a bargain relative to condition or upgrades, which aren’t detailed here.
3. What does the 1901 build year mean practically?
Being among the oldest on its street (24th out of 30) and in the oldest 1% citywide, this suggests original construction features, potential for outdated systems, and possibly heritage considerations. Buyers should plan for maintenance or renovation costs typical of a century-plus home.
4. Why is the land area important if I’m buying the house?
In a compact neighbourhood like Wolseley, lot size often dictates expansion options, yard space, or parking. At 2,553 sq ft, this lot is notably smaller than the community norm—meaning limited outdoor room and less flexibility for additions, unless zoning permits variance.
5. How does this property compare to others on Knappen Avenue specifically?
It’s smaller, older, and priced slightly below the street median for assessed value. That puts it at the lower end of the spectrum for that block, which could mean fewer bidding wars but also less resale upside unless the interior is in above-average condition.
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