484 Basswood Place

Wolseley, Winnipeg

Property score

68.4

Good

Overall 68.4 · Compared with neighbourhood average

1,427 sqft (bottom 39%) · Built in 1910 (6 yrs older than avg)

Located in a high-income area with median household income of ~100k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 7 dining spots, 3 schools, 1 shop, and 2 parks nearby

Living Area

Below average

12% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 88%French · 4%

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

68.4 is composed by the two sections below.

Property Score

56.6Fair
Living Area75
1,427 sqftGood
Year Built10
1910Low
Lot Size46
3,737 sqftLow
Neighbourhood Sales Activity53
Fair

Community Score

86.1Excellent
Household Income85
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health83
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: #46110109

Community deep dive

$100K

Median household income

$122K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

18%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)603
Labour force participation rate75%
Median age40.0
Avg household size2.5
Unemployment rate6%
Population density4638 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households18%
Couple families with children35%
Median household income (2020)$100K

Housing

Renter households14%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority11%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 88%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

above average
1,427 sqft
0255075100
Same streetTop 23%Same areaBottom 39%CitywideTop 34%
Same street · Basswood Place
#12 / 53
Top 23% · Avg 1,301 sqft
Same area · Wolseley
#1,431 / 2,349
Bottom 39% · Avg 1,622 sqft
Citywide · Winnipeg
#66,748 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
418k
0255075100
Same streetTop 8%Same areaTop 24%CitywideTop 34%
Same street · Basswood Place
#4 / 53
Top 8% · Avg 336.9k
Same area · Wolseley
#575 / 2,349
Top 24% · Avg 371.3k
Citywide · Winnipeg
#66,567 / 194,458
Top 34% · Avg 390.1k

Year Built

around average
1910
0255075100
Same streetBottom 2%Same areaBottom 34%CitywideBottom 6%

Lot Size

above average
3,737 sqft
0255075100
Same streetTop 13%Same areaTop 24%CitywideBottom 22%

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

484 Basswood Place — 19 amenities found within 500 m, across 8 categories, including 7 dining (nearest 291 m), 3 education (nearest 204 m), 1 shopping (nearest 233 m).

Search radius
🍽️Dining7
🏫Education3
🛒Shopping1
🌳Parks2
🏦Finance2
Fuel Stations1
Worship2
🏛️Government1

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 6/2021CA$400k–450k
Sold price

Same street

Top 12%

Same area

Top 23%

City-wide

Top 31%

Related homes

Highlights & common questions: 484 Basswood Place, Winnipeg

484 Basswood Place – Property Summary

Key Characteristics & Buyer Profile

This is a 1910-built home in the Wolseley neighbourhood with 1,427 sq. ft. of living space on a 3,737 sq. ft. lot. The property’s strongest feature is its assessed value: it ranks 4th out of 53 homes on Basswood Place (top 8%), and 575th out of 2,349 in the wider neighbourhood (top 24%). The lot size is also notable, ranking 7th on the street (top 13%) and 573rd in the area (top 24%). Both the living area and lot are above average for the street and neighbourhood, though the lot is smaller than typical citywide.

The home’s age is a differentiating factor. Built in 1910, it is one of the older properties on the street (ranked 52nd out of 53) and well below the city average of 1966. This means the structure likely carries character and original details common to early-century Wolseley homes, but also implies older systems, foundations, and possibly limited modern insulation. The appeal here is not turn-key convenience: it suits buyers who value lot size and location over a newer build, and who are prepared for the maintenance realities of a century-old house.

This property would best suit someone looking for a solid lot in an established, walkable neighbourhood—someone who sees potential in updating or restoring a home rather than seeking a move-in-ready property. It may also appeal to buyers who want above-average land relative to neighbours, without paying a premium for a newer house.


Frequently Asked Questions

1. How does the assessed value compare to other homes in Wolseley?
The assessed value of $418,000 is above both the street average ($336,900) and the neighbourhood average ($371,300), placing it in the top 24% of the area. While not the highest in the city, it reflects strong value relative to its immediate surroundings.

2. Is the lot size unusual for a Wolseley property?
It is above average for both the street and neighbourhood, where typical lots are around 3,146 and 3,434 sq. ft. respectively. However, it is well below the citywide average of 6,570 sq. ft., so it is not oversized by city standards—just generous for this part of town.

3. What does the year built mean for maintenance or renovation?
Built in 1910, this home predates most modern building codes. Buyers should expect potential issues with aging plumbing, electrical, foundation, and insulation. The home’s ranking (top 98% oldest on the street) confirms it is one of the oldest in the immediate area. A thorough inspection is strongly recommended.

4. How does the living area compare to similar homes?
At 1,427 sq. ft., it is slightly above the street average (1,301 sq. ft.) but below the neighbourhood average (1,622 sq. ft.). It ranks in the top 23% on the street, so it offers more interior space than most immediate neighbours, though not unusually large for Wolseley overall.

5. What is the neighbourhood like for walkability or transit?
Wolseley is known for its tree-lined streets, older homes, and proximity to shops, restaurants, and the Assiniboine River. While specific transit and walk scores are not included here, the area is generally considered pedestrian-friendly and well-served by bus routes, making it appealing for those who prefer not to drive everywhere.