475 Craig Street

Wolseley, Winnipeg

Property score

61.5

Fair

Overall 61.5 · Smaller than most nearby homes

1,120 sqft (bottom 17%) · Built in 1912 (4 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, 1 school, 5 parks, and 1 bank/ATM nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Near average

4 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 Area1,120 sqft60Fair
Year Built191216Low
Lot Size2,196 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
1,120 sqft
0255075100
Same streetBottom 31%Same areaBottom 17%CitywideBottom 42%
Same street · Craig Street
#42 / 61
Bottom 31% · Avg 1,171 sqft
Same area · Wolseley
#1,938 / 2,349
Bottom 17% · Avg 1,622 sqft
Citywide · Winnipeg
#112,617 / 194,458
Bottom 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
322k
0255075100
Same streetTop 36%Same areaBottom 37%CitywideBottom 36%
Same street · Craig Street
#22 / 61
Top 36% · Avg 299.4k
Same area · Wolseley
#1,469 / 2,349
Bottom 37% · Avg 371.3k
Citywide · Winnipeg
#124,103 / 194,458
Bottom 36% · Avg 390.1k

Year Built

above average
1912
0255075100
Same streetTop 21%Same areaTop 36%CitywideBottom 8%

Lot Size

above average
2,196 sqft
0255075100
Same streetTop 25%Same areaBottom 4%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

475 Craig Street — 15 amenities found within 500 m, across 6 categories, including 5 dining (nearest 294 m), 1 education (nearest 309 m), 5 parks (nearest 172 m).

Search radius
🍽️Dining5
🏫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 7/2016CA$250k–300k
Sold price

Same street

Bottom 38%

Same area

Bottom 12%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 475 Craig Street, Winnipeg

475 Craig Street – Property Summary

Key Characteristics & Buyer Profile

This is a 1912-built home with 1,120 sq. ft. of living space on a 2,196 sq. ft. lot, located in Winnipeg’s Wolseley neighbourhood. The property sits slightly below the average floor area for its own street, but its assessed value (322k) is slightly above the street average, reflecting a fair price relative to immediate neighbours. The lot is generous by street standards, ranking in the top quarter on Craig Street, but smaller than typical for Wolseley or the city as a whole. That said, it’s a relatively old house even by neighbourhood standards—built in 1912, when the average on the street is 1915—meaning it holds some of the original character people look for in Wolseley, without being the oldest on the block.

Where this property appeals is in its combination of age, modest size, and lot. It’s not a standout in any single metric, but it’s consistent and sits in a desirable older neighbourhood with walkable streets and established trees. Buyers who would suit this home are likely those who value location and character over square footage. It’s not ideal for someone needing a large yard or a modern open floor plan. Instead, it fits someone looking for a manageable house in a well-regarded area, possibly a first-time buyer wanting to avoid suburban sprawl, or someone downsizing who still wants a project with good bones.


Five Possible FAQs

  1. How does the property’s value compare to others on its street?
    The assessed value is slightly above the street average, placing it in the top 36% of homes on Craig Street. This suggests the home is priced competitively relative to immediate neighbours, without being overvalued.

  2. Is the lot size a concern for buyers?
    It depends on expectations. The lot is above average for this particular street but well below average for Wolseley and far below the citywide average. If you want a large outdoor space for gardening or entertaining, this may feel tight. If you prefer low-maintenance outdoor living, it’s a good fit.

  3. What does the age of the home mean for renovations or maintenance?
    Being built in 1912 means the home likely has older construction methods, materials, and possibly original features. Buyers should budget for ongoing upkeep, especially with electrical, plumbing, and insulation. That said, many homes in Wolseley this age have been updated in stages, so a pre-purchase inspection is wise.

  4. How does this home compare to other Wolseley listings?
    Most homes in Wolseley are larger both in living space and lot size. This property is smaller than the neighbourhood average in both respects. Its value is also lower than the Wolseley average. So you’re paying less than the typical Wolseley home, but you’re also getting less space.

  5. Who would likely not want this home?
    Anyone needing a large family home with a big backyard, or someone looking for a move-in-ready modern layout. The small lot and older structure could also discourage buyers who prefer new construction or dislike ongoing renovation projects. It’s also less suited for investors seeking high rental yield from a larger unit.

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