449 Dominion Street — Property Summary

Key Characteristics & Target Buyer

This 1913 home sits on Dominion Street in Wolseley, offering 1,840 square feet of living space on a 2,753-square-foot lot. The assessed value is $409,000.

The property’s main strength is its interior size. It ranks in the top 9% on its street and top 16% city-wide for living area, which is noticeably larger than the average home in both its immediate neighbourhood and across Winnipeg. That extra square footage comes with a trade-off: the lot is small by local standards—ranking in the bottom 2% on the street and bottom 8% city-wide—so outdoor space is limited.

The assessed value sits above the street average ($286,000) and above the Wolseley average ($371,000), but is close to the city-wide average ($390,000). That suggests the home is priced in line with comparable properties across Winnipeg, even if it’s on the higher end within its own block.

Built in 1913, the house is older than most nearby homes (street average is 1933) and significantly older than the city average (1966). In a neighbourhood like Wolseley, where older homes are common and often appreciated, this may not be a drawback—it could even be part of the appeal.

Who it suits: Buyers who value generous indoor living space and are comfortable with a small lot. The home would work well for someone who wants a larger-than-average interior in an established, walkable neighbourhood, and who either doesn’t need a big yard or is willing to trade it for more square footage indoors. It may also appeal to those who appreciate pre-war character homes, especially in an area where older architecture is the norm rather than the exception.

Frequently Asked Questions

1. How does the property compare to others on Dominion Street?
It’s one of the largest homes on the street by living area (top 9%), but also has one of the smallest lots (bottom 2%). Its assessed value is higher than most neighbours, which reflects the interior square footage more than the land.

2. Is this considered a small lot for Winnipeg?
Yes. At 2,753 square feet, the lot is significantly smaller than the city-wide average of 6,570 square feet. It’s also below the average for Wolseley (3,434 sq ft) and well below the street average of 3,790 sq ft.

3. What does the assessed value tell me about the home’s market position?
The assessed value is $409,000, which is above the street and neighbourhood averages but close to the city average. That indicates the home is valued more for its interior space than its land, and that it sits in a moderate price range relative to the broader Winnipeg market.

4. Is a 1913 build a concern for maintenance or insurance?
Homes from this era can have older systems (electrical, plumbing, foundation) that may need updating. In Wolseley, many houses of similar age have been maintained or renovated, so the condition of this specific home matters more than the build year alone. Older homes sometimes carry higher insurance premiums, but that varies by insurer and any upgrades that have been done.

5. What’s the advantage of living in Wolseley with a small lot?
Wolseley is known for its tree-lined streets, proximity to the river, and walkable access to shops and cafes. A smaller lot often means less yard maintenance and more time to enjoy the neighbourhood itself. For some buyers, the trade-off of less private outdoor space for a better location or larger interior makes sense.