494 Telfer Street S

Wolseley, ਵਿਨੀਪਿਗ

Property score

62.4

Fair

Overall 62.4 · Smaller than most nearby homes

1,180 sqft (bottom 21%) · Built in 1911 (5 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, 2 schools, 1 shop, and 4 parks nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

27% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Near average

5 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

62.4 is composed by the two sections below.

Property Score

46.1Low
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ60
1,180 sqftFair
ਤਰੀਕ ਤੋਂ ਬਣਿਆ16
1911Low
ਜ਼ਮੀਨ28
2,515 sqftLow
Neighbourhood Sales Activity53
Fair

Community Score

86.9Excellent
Household Income84
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health96
Excellent

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Wolseley

How to read: Share of sales in each ~$50k price band for “wolseley” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
1,180 sqft
0255075100
Same streetਟਾਪ 50%Same areaਹੇਠਲੇ 21%Citywideਹੇਠਲੇ 48%
Same street · Telfer Street S
#41 / 82
ਟਾਪ 50% · ਔਸਤ 1,140 sqft
Same area · Wolseley
#1,858 / 2,349
ਹੇਠਲੇ 21% · ਔਸਤ 1,622 sqft
Citywide · ਵਿਨੀਪਿਗ
#101,306 / 194,458
ਹੇਠਲੇ 48% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
314k
0255075100
Same streetਟਾਪ 35%Same areaਹੇਠਲੇ 33%Citywideਹੇਠਲੇ 34%
Same street · Telfer Street S
#29 / 82
ਟਾਪ 35% · ਔਸਤ 293.1k
Same area · Wolseley
#1,569 / 2,349
ਹੇਠਲੇ 33% · ਔਸਤ 371.3k
Citywide · ਵਿਨੀਪਿਗ
#129,291 / 194,458
ਹੇਠਲੇ 34% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ
1911
0255075100
Same streetਹੇਠਲੇ 37%Same areaਟਾਪ 50%Citywideਹੇਠਲੇ 7%

ਜ਼ਮੀਨ

ਔਸਤ
2,515 sqft
0255075100
Same streetਟਾਪ 48%Same areaਹੇਠਲੇ 20%Citywideਹੇਠਲੇ 5%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

494 Telfer Street S — 18 amenities found within 500 m, across 7 categories, including 5 dining (nearest 257 m), 2 education (nearest 158 m), 1 shopping (nearest 425 m).

Search radius
🍽️Dining5
🏫Education2
🛒Shopping1
🌳Parks4
🏦Finance2
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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

3/2022 ਵਿਚ ਵਿਕਿਆCA$300k–350k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 34%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 46%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 48%

Related homes

ਵਿਨੀਪਿਗ 494 Telfer Street S — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

494 Telfer Street S – Property Summary

Key Characteristics & Ideal Buyer

This is a 1911 home with 1,180 square feet of living space on a 2,515-square-foot lot, located in the Wolseley neighborhood. Its main appeal is its assessed value relative to the street it sits on. The home ranks in the top 35% for assessed value on Telfer Street, with a valuation of $314,000 against a street average of $293,100. This suggests the property holds its value well compared to its immediate neighbors.

The living area is average for the street but below average for Wolseley and the broader city. The lot is on the smaller side—especially citywide, where comparable lots average over 6,500 square feet. The home’s age (1911) is older than the citywide average for comparable homes (1966), which is typical for Wolseley but worth noting for maintenance expectations.

This property would suit a buyer who values being in an established, central neighborhood and wants a home that is competitively priced within its own street. It’s less suited for someone seeking a large lot or a newer structure. The numbers point to a solid, modest home in a desirable area—more practical than premium.


Five Possible FAQs

1. How does this home’s size compare to others nearby?
On Telfer Street, its 1,180 square feet is right around average. But in the wider Wolseley neighborhood, the average for comparable homes is 1,622 square feet, so it’s on the smaller side. Citywide, it’s close to average for its category.

2. Is the assessed value a good deal for this area?
The assessed value of $314,000 is above the street average of $293,100, which indicates it’s a higher-valued property on Telfer. However, it’s below both the Wolseley average ($371,300) and the citywide average ($390,100). So it’s reasonably priced for the neighborhood, not a bargain or a stretch.

3. What should I expect from a home built in 1911?
Older homes often have solid construction but come with older systems (plumbing, electrical, insulation). Wolseley has many homes from this era, so local contractors are familiar with the quirks. The build year ranks in the top 93% oldest citywide, so it’s older than most comparable homes in Winnipeg.

4. How does the lot size affect usability?
At 2,515 square feet, the lot is noticeably smaller than the Wolseley average (3,434 sqft) and much smaller than the citywide average (6,570 sqft). This likely means less yard maintenance and a more compact outdoor space—fine for gardens or a small patio, but not for large gatherings or extensive landscaping.

5. What do the rankings actually mean?
The rankings show how this property compares to similar homes on the same street, in the neighborhood, and across the city. For example, a “top 50%” rank means it’s better than half of the comparable homes. The bars and colors in the analysis visually indicate where this home stands relative to the median benchmark.