Key Characteristics & Buyer Suitability

At 1,248 square feet, this 1913 home on Telfer Street S sits slightly above the average for its immediate street but below the average for the broader Wolseley neighborhood. It ranks in the top third of homes on the street by both size and assessed value, suggesting it's a solidly mid-range property within a desirable pocket. The lot is modest at 2,515 square feet—smaller than both the street and community averages—which is typical for an older infill property.

The appeal lies in its position within Wolseley, a neighborhood known for its mature trees, walkable streets, and older character homes. The assessed value of $335,000 is slightly below the community average but above the street average, indicating the property may offer more house for the money relative to the immediate block. The 1913 build date places it among the older homes in the city but right in line with the neighborhood's vintage stock.

This property would suit a buyer looking for an older home in an established central neighborhood, possibly someone who values character and location over square footage or a large yard. It’s less suited for someone seeking a move-in-ready modern layout or a family wanting a generous outdoor space. The smaller lot and older construction may appeal to buyers comfortable with renovation or ongoing maintenance.

Frequently Asked Questions

1. How does this home’s size compare to others in Wolseley?
It’s below the neighborhood average. The average living area in Wolseley is about 1,622 sq ft, so this home is roughly 375 sq ft smaller. On its own street, however, it’s slightly above the average of 1,140 sq ft.

2. Is the assessed value a good indicator of market price?
Not always, but it’s a reasonable starting point. The home is assessed at $335,000, which is above the street average ($293,000) but below the community average ($371,000). Market conditions, renovations, and demand can push actual sale prices higher or lower.

3. What’s the lot size, and is that typical for the area?
The lot is 2,515 sq ft, which is smaller than both the street and community averages (3,000 and 3,434 sq ft, respectively). It’s also well below the citywide average of 6,570 sq ft. This is common for older infill homes in central neighborhoods.

4. How old is the house, and should that be a concern?
Built in 1913, it’s older than the city average (1966) but older than the street average (1923). Homes of this vintage often have solid bones but may need updates to electrical, plumbing, insulation, or roofing. A thorough home inspection is recommended.

5. What kind of area is Telfer Street S in?
It’s in the Wolseley neighborhood, a central, older part of Winnipeg known for large trees, mixed housing styles, and proximity to the river, parks, and shops. It’s a walkable, sought-after area for buyers who want character and community feel over suburban sprawl.