479 Craig Street

Wolseley, Winnipeg

Property score

61.5

Fair

Overall 61.5 · Smaller than most nearby homes

1,120 sqft (bottom 17%) · Built in 1911 (5 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

5 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 Area60
1,120 sqftFair
Year Built16
1911Low
Lot Size18
2,196 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

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

below average
251k
0255075100
Same streetBottom 28%Same areaBottom 8%CitywideBottom 17%
Same street · Craig Street
#44 / 61
Bottom 28% · Avg 299.4k
Same area · Wolseley
#2,159 / 2,349
Bottom 8% · Avg 371.3k
Citywide · Winnipeg
#160,680 / 194,458
Bottom 17% · Avg 390.1k

Year Built

around average
1911
0255075100
Same streetBottom 46%Same areaTop 50%CitywideBottom 7%

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

479 Craig Street — 16 amenities found within 500 m, across 6 categories, including 5 dining (nearest 280 m), 1 education (nearest 301 m), 5 parks (nearest 177 m).

Search radius
🍽️Dining5
🏫Education1
🌳Parks5
🏦Finance1
Fuel Stations1
Worship3

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 8/2017CA$200k–250k
Sold price

Same street

Bottom 12%

Same area

Bottom 8%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 479 Craig Street, Winnipeg

Property Overview & Key Characteristics

This 1911 one-and-three-quarter storey home in Wolseley presents a classic Winnipeg character property with solid fundamentals. Its appeal lies in a combination of established location, generous lot size, and a value-oriented entry point into a sought-after neighbourhood. The land itself is a significant asset, with a lot size ranking in the top 4% of Wolseley, offering ample outdoor space and future potential that is increasingly rare. While the living area is modest and the basement is unrenovated, the home’s assessed value has remained stable, suggesting a well-maintained structure.

This property would suit a pragmatic first-time buyer or an investor looking for a character home in a prime location without a premium price tag. It’s ideal for someone comfortable with a home that offers "good bones" and space to grow into, rather than a turn-key renovation. The buyer should be prepared for the ongoing maintenance typical of a 115-year-old home but can take confidence in its enduring value within a stable, mature community.


Frequently Asked Questions

1. What does "one-and-three-quarter storey" mean?
This is a common architectural style for Winnipeg homes of this era. It typically features a full main floor and a second floor where the roofline slopes inward, creating cozy bedrooms with slightly reduced ceiling height at the walls. It adds considerable character and usable space compared to a bungalow.

2. The assessed value seems low. Does that indicate a problem?
Not necessarily. Municipal assessed value for tax purposes often lags behind market value and is calculated using a specific formula. The stable assessment and recent sale history of comparable homes in the area are more reliable indicators of its market position.

3. How does the unrenovated basement affect livability?
An unrenovated basement means the space is functional for utilities and storage but not finished as living space. It presents both a cost and an opportunity: it requires no immediate investment if used as-is, but offers the potential to add significant finished square footage in the future.

4. The lot is large, but what does that mean practically?
Beyond more yard space, a larger lot (over 2,000 sq ft in Wolseley) provides better privacy from neighbours, more gardening opportunities, improved natural light, and potential for additions like a garage, deck, or garden suite, subject to zoning.

5. How does this home compare to the nearby property at 477 Craig Street?
The neighbouring home at 477 Craig has a larger living area and a higher assessed value, giving a clear picture of the value spectrum on the street. This listing sits at a more accessible price point, offering a similar location and vintage but with less finished space, highlighting its role as a value-oriented option on the block.