472 Telfer Street S

Wolseley, Winnipeg

Property score

51.6

Fair

Overall 51.6 · Smaller and older than most nearby homes

821 sqft (bottom 2%) · Built in 1909 (7 yrs older than avg)

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

Transit 92.0 · 3-min walk to transit with 6 nearby routes · Within 500m: 5 dining spots, 2 schools, 1 shop, and 4 parks nearby

Living Area

Below average

49% smaller than neighborhood avg.

Year Built

Below average

7 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

51.6 is composed by the two sections below.

Property Score

28.1Low
Living Area32
821 sqftLow
Year Built10
1909Low
Lot Size28
2,515 sqftLow
Neighbourhood Sales Activity53
Fair

Community Score

86.9Excellent
Household Income84
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health96
Excellent

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

below average
821 sqft
0255075100
Same streetBottom 24%Same areaBottom 2%CitywideBottom 10%
Same street · Telfer Street S
#62 / 82
Bottom 24% · Avg 1,140 sqft
Same area · Wolseley
#2,293 / 2,349
Bottom 2% · Avg 1,622 sqft
Citywide · Winnipeg
#174,119 / 194,458
Bottom 10% · Avg 1,342 sqft

Tax-Assessed Value

above average
329k
0255075100
Same streetTop 29%Same areaBottom 41%CitywideBottom 39%
Same street · Telfer Street S
#24 / 82
Top 29% · Avg 293.1k
Same area · Wolseley
#1,379 / 2,349
Bottom 41% · Avg 371.3k
Citywide · Winnipeg
#119,307 / 194,458
Bottom 39% · Avg 390.1k

Year Built

below average
1909
0255075100
Same streetBottom 6%Same areaBottom 21%CitywideBottom 5%

Lot Size

around average
2,515 sqft
0255075100
Same streetTop 48%Same areaBottom 20%CitywideBottom 5%

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

472 Telfer Street S — 16 amenities found within 500 m, across 7 categories, including 5 dining (nearest 285 m), 2 education (nearest 169 m), 1 shopping (nearest 454 m).

Search radius
🍽️Dining5
🏫Education2
🛒Shopping1
🌳Parks4
🏦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 10/2024CA$300k–350k
Sold price

Same street

Top 26%

Same area

Bottom 49%

City-wide

Top 50%
Sold 3/2020CA$250k–300k
Sold price

Same street

Bottom 40%

Same area

Bottom 23%

City-wide

Bottom 32%
Sold 11/2019CA$150k–200k
Sold price

Same street

Bottom 3%

Same area

Bottom 2%

City-wide

Bottom 9%

Related homes

Highlights & common questions: 472 Telfer Street S, Winnipeg

472 Telfer Street S – Property Summary

Key Characteristics & Suitability

This is a compact, older home in Winnipeg’s Wolseley neighbourhood built in 1909. At 821 square feet, the living area is notably smaller than most homes on its street, in its neighbourhood, and across the city—ranking in the bottom 10 to 24 percent depending on the comparison. The land is also modest at 2,515 square feet, well below citywide averages.

What stands out is the assessed value. At $329,000, it ranks in the top 29 percent on Telfer Street, and sits around average for Wolseley and the city. That’s an interesting disconnect: the property is small and old, yet valued higher than many larger, newer neighbours. This suggests the appeal lies less in space or modernity, and more in location, character, or lot potential within an established area.

The home would best suit a buyer who values being in Wolseley—a neighbourhood known for its tree-lined streets, older housing stock, and proximity to the river and downtown—over square footage. It may also appeal to someone open to renovation, given the age and small footprint, or to an investor attracted by the assessed value relative to size. It is less suited for anyone needing generous living space or expecting a large yard.


Five Possible FAQs

1. The living area is small compared to other homes. Will that be a problem for resale?
It depends on the buyer pool. Wolseley has many smaller, older homes, so the size is not unusual for the neighbourhood. However, it ranks below average even here, so future buyers will likely be people specifically seeking a compact home or a lower entry price in the area, not families needing extra room.

2. The assessed value is higher than average for the street but the home is older and smaller. Why?
Assessed value considers more than just square footage and year built—location, lot desirability, recent sales of similar homes, and overall market demand all play a role. In a neighbourhood like Wolseley, older homes often hold value due to character and centrality, even if they’re physically smaller.

3. The year built is 1909. Should I expect more maintenance than a newer home?
Generally, yes. Older homes can have outdated systems, less insulation, and potential issues with foundations or wiring. But many have been updated over time. You’d want a thorough inspection to see what’s original and what’s been replaced. Some buyers actually seek out pre-war construction for its craftsmanship and materials.

4. The land area is below average for the neighbourhood. Does that limit expansion options?
It depends on the zoning and setbacks, but a 2,515-square-foot lot is modest. Adding a significant addition or developing a secondary suite may be constrained compared to larger lots on the street. If expansion is a priority, you’d want to check local bylaws before committing.

5. Why does the ranking show some comparisons as “below average” and others as “around average”?
The rankings compare this property against different peer groups—other homes on the same street, in the same neighbourhood, and across the entire city. For example, on Telfer Street, this home’s value ranks well, but its land size is closer to the middle of the pack. The same measure can look strong in one comparison and weaker in another because the baseline group changes.