58.7
Fair
Property score
58.7
Fair
Overall 58.7
Smaller but newer than most nearby homes
1,242 sqft (bottom 26%)
Built in 1913 (3 yrs older than avg)
Located in a above-average income area
with median household income of ~71k
Transit 82.0
6-min walk to transit with 5 nearby routes
Within 500m: 2 dining spots, 1 school, 1 shop, and 4 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Above average
3 yrs older than neighborhood avg.
Mother tongue
English · 82%French · 2%
Past 10 years Wolseley sales snapshot (~80% of all data)
820
382.5k
$285/sqft
1916
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58.7 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: #46110650
$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
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 Lipton Street — 9 amenities found within 500 m, across 5 categories, including 2 dining (nearest 372 m), 1 education (nearest 147 m), 1 shopping (nearest 470 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 45% | Bottom 9% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1,242 sqft single-family home built in 1913, situated on a 2,832 sqft lot in Winnipeg’s Wolseley neighbourhood. The property’s strongest metric is its assessed value relative to the immediate street: at $329,000, it ranks in the top 15% of Lipton Street homes, well above the street average of $250,200. The living area is slightly above the street average (1,163 sqft) and the citywide average (1,342 sqft), but below the Wolseley neighbourhood average (1,622 sqft), placing it in the bottom quartile for the area. The land is larger than typical for the street (average 2,677 sqft) but smaller than most properties in Wolseley (average 3,434 sqft) and significantly smaller than the citywide average (6,570 sqft).
The appeal here is not about size or modern finishes—it’s about value within the street context. This home is assessed higher than most of its immediate neighbours, which suggests either recent updates, a desirable layout, or a location premium on that block. For Wolseley, where older houses dominate (the neighbourhood average build year is 1916), being a 1913 build is actually slightly above average in age, meaning it fits the character of the area rather than standing out as unusually old.
This property would suit: Buyers who prioritize being in Wolseley—a mature, walkable neighbourhood with established trees and a strong sense of community—over square footage or a large yard. It’s not ideal for someone seeking a sprawling lot or a newer home, but it works well for those who value location and don’t mind a smaller footprint. The assessed value relative to the street suggests the home may have been well-maintained or improved, so it could appeal to buyers looking for a home that’s move-in ready rather than a full renovation project. It would also suit someone who wants to be in a top-tier neighbourhood without paying top-tier prices for the area, given that the assessed value is near the Wolseley average but the living area is below it.
1. How does the assessed value of this home compare to similar homes in Wolseley?
The assessed value is $329,000, which is below the Wolseley neighbourhood average of $371,300 but well above the street average of $250,200. This puts it around the middle of the pack for the neighbourhood (top 59%) but in a strong position relative to directly comparable homes on Lipton Street.
2. Is this a character home, or has it been renovated?
The year built is 1913, which fits the Wolseley character-home era. However, the assessed value being significantly higher than the street average suggests either updates or a desirable condition. The data does not specify renovation history, so an inspection would be needed to confirm the current state of systems and finishes.
3. Why is the land area ranked so low citywide but not on the street?
The lot is 2,832 sqft—above the street average (2,677 sqft) but well below the citywide average (6,570 sqft). In an older, denser neighbourhood like Wolseley, smaller lots are the norm, so the ranking within the neighbourhood is average (top 70%). Citywide, the lot size falls in the bottom 9% because many newer suburban properties have much larger yards.
4. How does the living size affect daily living?
At 1,242 sqft, this is a modest home by modern standards but consistent with early 1900s construction. It is slightly larger than the average Lipton Street home (1,163 sqft) but smaller than most Wolseley homes (1,622 sqft). This likely translates to fewer rooms or a more compact layout. It could suit a small family, a couple, or a single person, but may feel tight for larger households.
5. What does the “neighbourhood analysis map” show?
The provided link opens a map that displays nearby homes with comparable data on year built, living area, assessed value, and lot size. This is useful for visually comparing this property to its neighbours to understand whether it’s an outlier or a typical fit for the block. It can also help spot trends, like which streets have newer builds or larger lots.
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.
