469 Dominion Street – Property Summary

Key Characteristics & Buyer Profile

This is a 1,298 sqft home built in 1939 on a 3,988 sqft lot in Winnipeg’s Wolseley neighbourhood. Its standout feature is the lot: it ranks in the top 22% on its street and top 15% in the neighbourhood, meaning you get noticeably more outdoor space than most nearby properties. The assessed value ($419k) also runs well above the street average ($286.2k) and sits in the top 24% of the neighbourhood—suggesting the property has held or grown in value relative to its immediate peers.

The home itself is from 1939, which places it in the older half of Wolseley (top 6% for age in the neighbourhood, meaning most homes are even older). Its living area is slightly above the street average but around the citywide average. The appeal here is less about square footage and more about the combination of a large, private-feeling lot in a historically desirable inner-city area, paired with a solid assessment that reflects recent upgrades or enduring curb appeal.

This property would suit buyers who prioritize outdoor space and a mature neighbourhood character over a modern open floor plan. It’s a good fit for someone willing to work with an older home’s bones—perhaps a renovator, a family wanting a yard in a central location, or someone who values being in Wolseley’s walkable, tree-lined streets over a newer suburban build. The data suggests the home isn’t oversized for the lot, so there’s room to expand or landscape without feeling cramped.

Five Possible FAQs

1. How does this home’s living area compare to others nearby?
It’s slightly above the street average (1,298 sqft vs. 1,126 sqft) and falls near the middle for the neighbourhood. Citywide, it’s around the typical comparable home. So it’s not unusually large or small—it’s a comfortable, standard size for its age and location.

2. Why is the assessed value so much higher than the street average?
The street average ($286.2k) pulls down the comparison because Dominion Street includes a mix of smaller or less-updated homes. This property ranks in the top 7% on its street for assessed value, and top 24% in Wolseley, which likely reflects a combination of its larger lot, good condition, and any recent improvements.

3. Is the 1939 build a concern for maintenance?
It’s older than the citywide average (which is 1966), but in Wolseley, many homes date to the early 1900s—this one is actually newer than the neighbourhood average (1916). Age alone isn’t a red flag, but buyers should budget for potential updates to systems, insulation, or windows, which are typical for a house of this era.

4. How usable is the 3,988 sqft lot citywide?
Citywide, many lots are much larger (average 6,570 sqft), so this wouldn’t feel oversized by suburban standards. But within Wolseley and on its street, it’s above average—meaning you get a bigger yard than most neighbours, which is a real advantage for gardening, kids, or adding a garage or studio.

5. What’s the resale potential given these rankings?
The lot and neighbourhood desirability (top 15% for lot size in Wolseley, top 24% for value) are strong selling points. The home’s age and moderate living area may limit appeal to some buyers, but the combination of good land and a central location typically holds value well. If the interior is in decent shape, resale should be solid.