54.5
Fair
Property score
54.5
Fair
Overall 54.5
Larger but older than most nearby homes
2,094 sqft (top 17%)
Built in 1905 (11 yrs older than avg)
Located in a below-average income area
with median household income of ~35.6k
Transit 100.0
2-min walk to transit with 8 nearby routes
Within 500m: 11 dining spots, 1 school, 8 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
Above average
29% larger than neighborhood avg.
Year Built
Below average
11 yrs older than neighborhood avg.
Mother tongue
English · 75%French · 2%
Past 10 years Wolseley sales snapshot (~80% of all data)
820
382.5k
$285/sqft
1916
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54.5 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: #46110644
$36K
Median household income
$45K
Average household income
41%
Low income (LIM-AT)
0.3
Income inequality (Gini)
5.4
P90 / P10 ratio
50%
Single-person households
9%
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
46 Picardy Place — 46 amenities found within 500 m, across 9 categories, including 11 dining (nearest 224 m), 1 education (nearest 271 m), 8 healthcare (nearest 139 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 33% | Top 35% | Top 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1905 home in Wolseley offers 2,094 square feet of living space on a 3,594 sqft lot. Its assessed value sits at $375,000. The property stands out most for its size: living area ranks in the top 17% within Wolseley and top 9% citywide, well above the neighbourhood average of 1,622 sqft. The lot is also generous for the area—top 29% locally—though smaller than typical citywide plots.
The home’s age (1905) is notable. It’s among the older homes on Picardy Place (top 31% on the street) and places it in the oldest 2% citywide. The assessed value is essentially average for Wolseley and slightly below the city median, which reflects a balance between the home’s age and its larger footprint.
Where the appeal lies: The property offers uncommon interior space for the neighbourhood without demanding a premium price. That combination—more room than most Wolseley homes, at a typical assessed value—is the main draw. The older construction will appeal to buyers who value pre-war character, original details, and established trees, rather than modern finishes or open-concept layouts.
Who it suits: Buyers who prioritize square footage and lot size over a newer build. People who appreciate heritage neighbourhoods and are prepared for the realities of an older home—maintenance, possibly outdated systems, and less predictable renovation costs. It would also suit anyone who wants to be on a quiet street in Wolseley without paying the premium that often comes with that location.
How does the assessed value compare to similar homes?
The $375,000 assessment is around average for Wolseley and close to the city median. It ranks in the top 38% locally and top 45% citywide, which means it’s not undervalued but also not overpriced relative to comparable properties. The value reflects the trade-off between a larger living area and an older year built.
Is the lot size unusual for the area?
The 3,594 sqft lot is above average for both Picardy Place (top 25%) and Wolseley (top 29%). However, it’s well below the citywide average of 6,570 sqft. That’s typical for this neighbourhood—many Wolseley lots are compact compared to newer subdivisions. The lot is generous by local standards, but not oversized.
What does “year built 1905” mean in practical terms?
This home is older than most in Wolseley and significantly older than the citywide median (1966). Buyers should expect potentially outdated plumbing, electrical, insulation, and foundation systems. Renovations may be needed to bring things up to modern standards. That said, homes of this vintage often have higher-quality materials (old-growth lumber, plaster walls) and more architectural detail than newer builds.
How does the living area compare to other homes on the street?
At 2,094 sqft, it’s slightly below the Picardy Place average of 2,108 sqft, ranking 8th out of 16 homes. So it’s right in the middle—not the largest, but not small for the street either. The real advantage is relative to the wider neighbourhood, where many homes are under 1,700 sqft.
Is this a good investment property or a fixer-upper?
That depends on your goals. The assessed value is reasonable for the size and location, which suggests room for value growth if the area continues to appreciate. But an older home carries higher holding costs (maintenance, insurance, possibly heating). It’s not a turnkey property—more suited to an owner-occupier who can invest sweat equity over time, rather than a passive investor looking for low-maintenance rental income.
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