470 Craig Street

Wolseley, Winnipeg

Property score

61.5

Fair

Overall 61.5 · Smaller but newer than most nearby homes

1,148 sqft (bottom 19%) · Built in 1913 (3 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 92.0 · 4-min walk to transit with 11 nearby routes · Within 500m: 4 dining spots, 1 school, 5 parks, and 1 bank/ATM nearby

Living Area

Below average

29% smaller than neighborhood avg.

Year Built

Above average

3 yrs older than neighborhood avg.

Mother tongue

English · 86%French · 1%

Past 10 years Wolseley sales snapshot (~80% of all data)

Sold Count

820

Median price

382.5k

$/sqft

$285/sqft

Avg build year

1916

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Property score

61.5 is composed by the two sections below.

Property Score

44.6Low
Living Area1,148 sqft60Fair
Year Built191316Low
Lot Size2,191 sqft18Low
Neighbourhood Sales Activity53Fair

Community Score

86.9Excellent
Household Income84Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health96Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110111

Community deep dive

$98K

Median household income

$116K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.3

P90 / P10 ratio

26%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)674
Labour force participation rate80%
Median age36.0
Avg household size2.4
Unemployment rate5%
Population density4493 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households26%
Couple families with children30%
Median household income (2020)$98K

Housing

Renter households18%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority9%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,148 sqft
0255075100
Same streetBottom 43%Same areaBottom 19%CitywideBottom 45%
Same street · Craig Street
#35 / 61
Bottom 43% · Avg 1,171 sqft
Same area · Wolseley
#1,905 / 2,349
Bottom 19% · Avg 1,622 sqft
Citywide · Winnipeg
#107,616 / 194,458
Bottom 45% · Avg 1,342 sqft

Tax-Assessed Value

around average
278k
0255075100
Same streetTop 49%Same areaBottom 17%CitywideBottom 24%
Same street · Craig Street
#30 / 61
Top 49% · Avg 299.4k
Same area · Wolseley
#1,944 / 2,349
Bottom 17% · Avg 371.3k
Citywide · Winnipeg
#148,491 / 194,458
Bottom 24% · Avg 390.1k

Year Built

above average
1913
0255075100
Same streetTop 7%Same areaTop 30%CitywideBottom 10%

Lot Size

below average
2,191 sqft
0255075100
Same streetBottom 5%Same areaBottom 1%CitywideBottom 1%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

470 Craig Street — 14 amenities found within 500 m, across 6 categories, including 4 dining (nearest 304 m), 1 education (nearest 356 m), 5 parks (nearest 173 m).

Search radius
🍽️Dining4
🏫Education1
🌳Parks5
🏦Finance1
Fuel Stations1
Worship2

Crime & Safety

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%

Sales History

Sold 6/2023CA$250k–300k
Sold price

Same street

Top 38%

Same area

Bottom 29%

City-wide

Bottom 37%
Sold 6/2017CA$250k–300k
Sold price

Same street

Bottom 31%

Same area

Bottom 11%

City-wide

Bottom 23%

Related homes

Highlights & common questions: 470 Craig Street, Winnipeg

470 Craig Street – Property Summary

Key Characteristics & Ideal Buyer Profile

This is a 1,148-square-foot house built in 1913, located on Craig Street in the Wolseley neighbourhood of Winnipeg. The assessed value is $278,000.

The property holds a few notable advantages. Its year of construction is significantly older than the citywide average of 1966, which places it among the earliest homes on the street (top 7%) and in the neighbourhood (top 30%). For buyers who value pre-war character, original craftsmanship, or a home with history, this is a strong point.

The living area is around average for the street and the city as a whole, but below the neighbourhood average of 1,622 square feet. The lot is on the smaller side—2,191 square feet—ranking in the bottom 1% citywide and in the neighbourhood. This means the property is efficient in footprint but offers limited outdoor space compared to typical Wolseley lots.

Where the home stands out is value relative to the neighbourhood. Its assessed value is well below the Wolseley average of $371,300, and also below the citywide average of $390,100. For a buyer looking to enter Wolseley—a historically popular, central neighbourhood—without paying the typical premium, this represents a more accessible price point. The trade-off is a smaller lot and living area.

This property would suit a buyer who prioritises location and character over square footage and yard space. First-time buyers, downsizers, or anyone interested in a home with early-20th-century bones—and who is comfortable with the maintenance that often comes with an older house—would find this worth a look. It’s less suited to someone wanting a large modern floor plan or a generous lot.


Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
On Craig Street, the assessed value is slightly below average (ranked 30 out of 61). In Wolseley as a whole, it's well below the neighbourhood average—about $93,000 less—and also below the citywide average for comparable homes. This makes it one of the more affordable options in the area.

2. Is the lot size a limitation for a typical family home?
Yes. At 2,191 square feet, the lot is smaller than nearly all properties on the street (ranked 58 out of 61) and in the bottom 1% citywide. The neighbourhood average is 3,434 square feet, and the citywide average is 6,570 square feet. Outdoor space is limited, so this is a key consideration for anyone wanting a large garden, garage, or room for additions.

3. What does the year built (1913) mean in practical terms?
The house is over 110 years old. It predates the vast majority of Winnipeg homes (90% of city properties were built later). This likely means original materials, construction methods, and design details that appeal to heritage-minded buyers. It also means potential for older systems (plumbing, electrical, insulation) that may need updating or have already been upgraded—worth verifying through an inspection.

4. How does the living area compare to other homes in Wolseley?
At 1,148 square feet, it's below the Wolseley average of 1,622 square feet—ranking in the bottom 19% of the neighbourhood. On Craig Street specifically, it's close to the average of 1,171 square feet. So it's typical for the immediate street but compact relative to much of the surrounding area.

5. What type of buyer tends to choose a home with these characteristics?
Typically, buyers who value central neighbourhood access, walkability, and older character—and are willing to accept a smaller footprint and lot size in exchange. It often appeals to people who prefer to spend less on housing overall or who are priced out of larger homes in Wolseley. It's less common for buyers looking for a large family home with room to grow.

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