Property score
45.3
Below average
Overall 45.3 · Smaller than most nearby homes
697 sqft (bottom 1%) · Built in 1911 (5 yrs older than avg)
Located in a high-income area with median household income of ~98k
Transit 92.0 · 4-min walk to transit with 6 nearby routes · Within 500m: 5 dining spots, 1 school, 1 shop, and 4 parks nearby
Living Area
Below average
57% smaller than neighborhood avg.
Year Built
Near average
5 yrs older than neighborhood avg.
Mother tongue
English · 86%French · 1%
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
45.3 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: #46110111
$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
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
493 Stiles Street — 15 amenities found within 500 m, across 7 categories, including 5 dining (nearest 263 m), 1 education (nearest 204 m), 1 shopping (nearest 485 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 | Bottom 10% | Bottom 4% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
493 Stiles Street, Wolseley, Winnipeg
This 697 sqft single-family home, built in 1911, sits on a 2,479 sqft lot. The property is currently assessed at $234,000.
The defining feature of this property is its small footprint relative to its surroundings. At 697 sqft, the living area is well below average compared to other homes on Stiles Street, in the Wolseley neighbourhood, and across Winnipeg. Similarly, the lot size, while average for the immediate street, is considerably smaller than the typical Wolseley lot and far below the citywide average. This makes the property a compact, dense offering in an established inner-city area.
The appeal lies in its affordability and unusual position in the market. With an assessed value of $234,000, it ranks in the top 10% most affordable homes on its street and in the top 15% most affordable citywide. For someone looking to enter the Wolseley market—a neighbourhood known for its character homes, tree-lined streets, and walkability—this property offers a lower barrier to entry than most. It would suit a buyer who values location and a manageable scale over interior square footage or a large yard. This could include a first-time buyer, someone looking for a low-maintenance property, or an investor seeking a smaller asset in a desirable, centrally located neighbourhood. The 1911 build date also suggests potential for character details, though it ranks as older compared to the citywide average (1966), meaning maintenance and systems checks are key.
Why is the assessed value so much lower than the neighbourhood average?
The assessed value is tightly tied to both the small living area (697 sqft vs. the Wolseley average of 1,622 sqft) and the smaller lot size (2,479 sqft vs. the Wolseley average of 3,434 sqft). These two factors significantly reduce the property’s market value relative to larger homes nearby.
The lot is described as "below average" for Wolseley. How noticeable is that in practice?
It's a meaningful difference. The average lot in Wolseley is about 1,000 sqft larger. This property offers a more compact, lower-maintenance outdoor space—less yard work, less room for extensive gardens or large sheds. It's well-suited for urban living but may feel tight if you're expecting a traditional backyard.
What does the "1911" build year mean practically?
It means the home is well over a century old, built in an era with different construction standards. While it likely features older craftsmanship and character (thick plaster walls, solid wood details, possibly a unique layout), buyers should budget for potential expenses: updating electrical, plumbing, and insulation, and managing the realities of an older foundation and roof. A thorough inspection is strongly recommended.
How does this property compare to others currently on the market nearby?
Given its size and assessed value, it will likely be one of the most affordable single-family options in Wolseley. Most active listings in the area are larger and priced higher. Its main advantage is price, not space. The immediate neighbours on Stiles Street also have slightly larger homes and lots, which could provide a positive price comparison but also a contrast in scale.
Is this a sensible first home for someone with a limited budget?
It could be, provided the buyer is open to a small living space and is prepared for potential upkeep on an older home. The low property tax associated with its $234k assessment is a practical advantage. However, the small square footage limits family growth or space for roommates. It works best for a single person, a couple, or someone who prioritizes location and low carrying costs over interior room.
