490 Craig Street

Wolseley, Winnipeg

Property score

63.0

Fair

Overall 63.0 · Smaller than most nearby homes

1,285 sqft (bottom 29%) · Built in 1910 (6 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

21% smaller than neighborhood avg.

Year Built

Below average

6 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

63.0 is composed by the two sections below.

Property Score

47.0Low
Living Area1,285 sqft66Good
Year Built191010Low
Lot Size2,192 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

above average
1,285 sqft
0255075100
Same streetTop 16%Same areaBottom 29%CitywideTop 43%
Same street · Craig Street
#10 / 61
Top 16% · Avg 1,171 sqft
Same area · Wolseley
#1,659 / 2,349
Bottom 29% · Avg 1,622 sqft
Citywide · Winnipeg
#82,902 / 194,458
Top 43% · Avg 1,342 sqft

Tax-Assessed Value

above average
377k
0255075100
Same streetTop 10%Same areaTop 37%CitywideTop 45%
Same street · Craig Street
#6 / 61
Top 10% · Avg 299.4k
Same area · Wolseley
#871 / 2,349
Top 37% · Avg 371.3k
Citywide · Winnipeg
#87,097 / 194,458
Top 45% · Avg 390.1k

Year Built

around average
1910
0255075100
Same streetBottom 21%Same areaBottom 34%CitywideBottom 6%

Lot Size

below average
2,192 sqft
0255075100
Same streetBottom 26%Same areaBottom 1%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

490 Craig Street — 16 amenities found within 500 m, across 6 categories, including 5 dining (nearest 230 m), 1 education (nearest 325 m), 5 parks (nearest 168 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 12/2017CA$250k–300k
Sold price

Same street

Top 50%

Same area

Bottom 22%

City-wide

Bottom 31%
Sold 10/2016CA$150k–200k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 490 Craig Street, Winnipeg

490 Craig Street – Property Summary

Key Characteristics & Buyer Profile

This 1910 home in Wolseley offers 1,285 sq. ft. of living space on a 2,192 sq. ft. lot. Its assessed value of $377,000 sits well above the street average, ranking in the top 10% on Craig Street. The living area is also notably generous for the street, falling in the top 16%. What makes this property distinctive is the contrast between its strong street-level value and its below-average land size—both within Wolseley and citywide. The lot is about one-third the typical size for the neighbourhood, which may limit future expansion or yard space but keeps maintenance lower.

The home's appeal lies in its relative value on a desirable street within an established, character-rich area. Buyers who prioritize location and interior space over a large yard will find this property suits them well. It would particularly appeal to those looking for an older home with good bones in a walkable neighbourhood, without paying a premium for land they don't need. The year built (1910) is older than the street average and significantly older than the citywide median, so buyers should be prepared for potential upkeep typical of early-20th-century homes.


Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
On Craig Street, this home is assessed well above average, ranking 6th out of 61 properties. In the broader Wolseley area, it sits near the middle, and citywide it's slightly below the median. This suggests the property offers strong street-level value relative to immediate neighbours.

2. Is the living space considered small or large for the area?
At 1,285 sq. ft., it's above average for Craig Street (top 16%) but below average for Wolseley as a whole. Citywide, it falls around the middle. The home feels spacious for its immediate street context but modest relative to the neighbourhood.

3. Why is the land area so much smaller than the neighbourhood average?
The lot is roughly 2,192 sq. ft., which ranks in the bottom 1% in both Wolseley and Winnipeg. This is typical of older, tighter infill lots in central neighbourhoods where land was subdivided differently. It's not unusual for the area, but it does mean limited outdoor space.

4. What should I expect regarding the age of the home?
Built in 1910, the house is older than most on the street and far older than the citywide average (1966). This could mean higher maintenance costs, older systems, and possible legacy materials. However, homes from this era often have solid construction and character details not found in newer builds.

5. How does the ranking system work for these comparisons?
Each metric (living area, value, year built, land area) is ranked against comparable homes within three scopes: the same street, the Wolseley neighbourhood, and Winnipeg citywide. A higher rank means you outperform more peers—so for assessed value, rank #6 out of 61 is excellent; for land area, rank #45 out of 61 is below average. The "Avg" shown is a rough median for that group.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.