69.6
Good
Property score
69.6
Good
Overall 69.6
Newer than most nearby homes
1,480 sqft (bottom 43%)
Built in 1921 (5 yrs newer than avg)
Located in a high-income area
with median household income of ~100k
Transit 92.0
2-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
Near average
9% 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
69.6 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
492 Sprague Street — 21 amenities found within 500 m, across 9 categories, including 8 dining (nearest 173 m), 3 education (nearest 275 m), 2 healthcare (nearest 393 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 5% | Top 1% | Top 3% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 45% | Top 50% | Top 50% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1,480-square-foot home built in 1921, sitting on a 3,937-square-foot lot in the Wolseley neighbourhood of Winnipeg. What stands out most here is the assessed value: $603,000. That ranks #1 on Sprague Street and in the top 2% of homes on the street—far above the street average of $367,200. It also sits in the top 5% of the neighbourhood and top 8% citywide for assessed value, despite the home itself being older (1921) and the lot being moderately sized relative to the city average.
The living area is slightly above the street average but right around the neighbourhood average—so space isn’t the selling point. The lot, at just under 4,000 square feet, is larger than typical for Wolseley (which averages 3,434 sqft), but smaller than the citywide average. This suggests the home’s value is driven by quality, condition, location, or recent renovations, not square footage or land size alone.
Where the appeal lies: The main draw is likely the combination of a high-value home in a well-regarded, older Winnipeg neighbourhood (Wolseley is known for its character homes, mature trees, and walkable streets). Buyers will probably be paying for a property that has been well-maintained or improved, in a location where demand and prices are elevated relative to the rest of the city. The lot size (above neighbourhood average) offers decent outdoor space without the maintenance of a larger city lot.
Who it would suit: Buyers who prioritize neighbourhood character and a home with strong value retention, rather than maximum square footage or a brand-new build. Likely professionals, couples, or small families who want to be in a central, established area with good walkability—and who are willing to pay a premium for that. Not ideal for someone looking for a large yard or a modern open floor plan built after 2000.
1. How does the assessed value compare to other homes on the street?
It’s the highest on Sprague Street by a significant margin. The street average is $367,200, so this home is assessed at roughly $236,000 above that. It also ranks in the top 5% of the entire Wolseley neighbourhood.
2. Is the house considered old or new compared to others in Winnipeg?
Built in 1921, it’s older than the citywide average (1966) and older than the average home on its own street (1923). However, within Wolseley, that’s actually above average—the neighbourhood average build year is 1916, so this home is newer than many of its immediate neighbours.
3. How big is the lot, and is that typical for the area?
The lot is 3,937 square feet. That’s larger than the Wolseley average (3,434 sqft) and ranks in the top 17% of the neighbourhood. But compared to Winnipeg as a whole, it’s smaller than average (city average is 6,570 sqft). So you get a decent-sized lot for Wolseley, but not a sprawling yard by city standards.
4. Why is the assessed value so high if the house is older and not especially large?
Assessed value in older neighbourhoods like Wolseley often reflects renovations, overall condition, location (proximity to amenities, schools, transit), and land value. A 1,480 sqft home built in 1921 can carry a high assessment if it’s been updated, has desirable features, or sits in a sought-after pocket. The data suggests this property outperforms its peers in one or more of those areas, driving the value up well beyond what size or age alone would predict.
5. Is this property a good fit for a first-time buyer?
Generally, no. The assessed value is well above the city median, and the combination of age (potential for maintenance) and high price point makes it more suited to buyers with some equity or higher budget flexibility. First-time buyers on a tighter budget might find better value in other parts of the city where they can get more space or a newer home for less money. This is more of a “buy for quality and location” property, not a budget starter.
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.
