57.5
Fair
Property score
57.5
Fair
Overall 57.5
Older than most nearby homes
1,577 sqft (top 50%)
Built in 1903 (13 yrs older than avg)
Located in a average-income area
with median household income of ~56.4k
Transit 92.0
2-min walk to transit with 5 nearby routes
Within 500m: 16 dining spots, 2 schools, 13 healthcare facilitys, and 6 shops nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Below average
13 yrs older than neighborhood avg.
Mother tongue
English · 84%French · 2%
57.5 is composed by the two sections below.
Property Score
Community Score
Past 10 years Wolseley sales snapshot (~80% of all data)
820
382.5k
$285/sqft
1916
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The real estate market is turning around
In Winnipeg this week (May 24), over-asking sales are dropping quickly.
Sales-to-New-Listings
1,465
sold
2,307
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
39 of 75 sold above asking · MLS Winnipeg sold listings 2026-05-18 – 2026-05-24
With a Sales-to-New-Listings ratio of 63.5% and 52% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110645
$56K
Median household income
$70K
Average household income
19%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.5
P90 / P10 ratio
43%
Single-person households
16%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). "Avg" is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
48 Knappen Avenue — 57 amenities found within 500 m, across 9 categories, including 16 dining (nearest 278 m), 2 education (nearest 217 m), 13 healthcare (nearest 244 m).
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%
Local garbage, recycling, and yard waste pickup schedule for 48 Knappen Avenue.
Garbage
friday
Recycling
friday
Yard Waste
friday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 23% | Bottom 25% | Bottom 34% |
We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 48 Knappen Avenue. No advertising. Data source details →
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1,577 sqft home built in 1903, located on Knappen Avenue in Winnipeg’s Wolseley neighbourhood. It sits on a 2,550 sqft lot and has an assessed value of $330,000.
The property’s main strength is its living space. It ranks in the top 10% on its street for size and is above average citywide, meaning you get more interior room than many comparable homes. The assessed value is slightly above the street average but sits below the neighbourhood and city medians—suggesting the price reflects the home’s condition or age rather than inflated market hype.
The lot is smaller than average, which is common for older Wolseley homes. Build year (1903) is very old, even by neighbourhood standards, which means buyers should expect the maintenance and quirks of a century-old house.
Who it would suit: Someone who values interior space and character over a large yard or modern finishes. Good for a buyer comfortable with an older home’s upkeep—or someone looking to renovate and build equity in a well-located, walkable neighbourhood. Less suited for anyone needing a big lot or a move-in-ready newer build.
1. How does the assessed value compare to similar homes nearby?
It’s above the street average ($263,900) but below the neighbourhood average ($371,300) and citywide average ($390,100). That puts it at a middle point—not overpriced against the immediate street, but cheaper than the broader area typical.
2. Is the lot size a major drawback?
At 2,550 sqft, it’s smaller than the street, neighbourhood, and city averages. This is fairly standard for Wolseley, where older homes were built on compact lots. If you want a big garden or space for additions, this might feel tight. But it keeps the property more affordable than larger-lot homes in the area.
3. What should I know about a house built in 1903?
You’re looking at one of the older homes in the city (top 1% oldest citywide). Expect original materials like knob-and-tube wiring or plaster walls unless updated. Systems may need regular attention. A thorough inspection focused on foundation, roof, and electrical is wise. The upside is solid construction and character details you won’t find in newer builds.
4. How does this property rank for its price point?
Citywide, the assessed value ranks in the top 61%—meaning it’s slightly below median for Winnipeg. Given the above-average living area (top 27% citywide), you’re getting more square footage per dollar than many homes. The trade-off is age and lot size.
5. Is Wolseley a good area for this type of property?
Yes, if you value walkability, mature trees, and an older housing stock. Wolseley is known for its character homes and proximity to the river and shops. This particular property’s living area is around average for the neighbourhood, so it fits in—not oversized, not cramped. The assessed value is slightly low for the area, which may reflect deferred updates rather than a poor location.
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