57.7
Fair
Property score
57.7
Fair
Overall 57.7
Smaller but newer than most nearby homes
995 sqft (bottom 10%)
Built in 1921 (5 yrs newer than avg)
Located in a high-income area
with median household income of ~100k
Transit 92.0
3-min walk to transit with 5 nearby routes
Within 500m: 8 dining spots, 3 schools, 2 healthcare facilitys, and 1 shop nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
39% smaller than neighborhood avg.
Year Built
Above average
5 yrs newer than neighborhood avg.
Mother tongue
English · 88%French · 4%
Past 10 years Wolseley sales snapshot (~80% of all data)
820
382.5k
$285/sqft
1916
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57.7 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110109
$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
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
490 Sprague Street — 21 amenities found within 500 m, across 9 categories, including 8 dining (nearest 183 m), 3 education (nearest 284 m), 2 healthcare (nearest 401 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 25% | Top 31% | Top 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
490 Sprague Street – Property Summary
Key Characteristics & Buyer Profile
This is a 995-square-foot home built in 1921, located on Sprague Street in Winnipeg’s Wolseley neighbourhood. The lot measures 3,937 square feet. Compared to nearby homes, this property stands out for its land rather than its house size: the lot is above average for the neighbourhood (top 17%), while the living area is below average at every level—street, neighbourhood, and citywide. The assessed value sits around $381,000, which is very close to the average for both the street and the neighbourhood.
The appeal here is less about move-in-ready space and more about potential. A smaller-than-typical house on a larger Wolseley lot is a relatively uncommon combination in this area, where lots tend to be more uniform. For a buyer who values outdoor space, garden potential, or the possibility of a future addition or redevelopment, this property offers something that many nearby houses do not. It also benefits from being in an established, walkable neighbourhood with older character homes—though the house itself is older than most citywide averages, it fits right in with Wolseley’s typical building stock.
This home would suit a buyer who is comfortable with a smaller interior footprint and sees the lot as a primary asset. It may be less ideal for someone seeking maximum square footage or a turnkey modern interior unless they are prepared to renovate or expand.
Frequently Asked Questions
1. How does the living area compare to other homes in Wolseley?
At 995 square feet, this home is below the neighbourhood average of 1,622 square feet. It ranks in the bottom 10% of comparable homes in Wolseley, so it is one of the smaller houses in the area.
2. Is the assessed value in line with what similar homes are worth?
Yes. The assessed value of $381,000 is slightly above the street average ($367,200) and neighbourhood average ($371,300), but close to both. It is slightly below the citywide average for comparable homes ($390,100), which suggests the valuation is reasonable for the location and property size.
3. How old is the property, and is that unusual for the neighbourhood?
Built in 1921, the home is older than the Wolseley neighbourhood average of 1916—meaning it is newer than many of its immediate neighbours. Citywide, however, it is much older than the average home (built around 1966). In Wolseley, older homes are the norm, so this is not unusual for the area.
4. What is the lot size, and why is that significant?
The lot is 3,937 square feet. While slightly below the Sprague Street average (4,129 square feet), it is well above the Wolseley neighbourhood average of 3,434 square feet—ranking in the top 17% locally. This makes the lot a stronger asset than the house itself, especially in a neighbourhood where larger lots are less common.
5. What type of buyer would get the most value from this property?
A buyer who values outdoor space, gardening, or future expansion potential more than immediate interior square footage. The smaller house on a relatively large lot is a combination that is hard to find in Wolseley. It could also appeal to someone looking for a character neighbourhood at a lower entry price point for the land, provided they are comfortable with a modest, older home as-is or with renovation plans.
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