495 Camden Place – Property Summary

Key Characteristics & Buyer Profile

This 1,168 sqft home on Camden Place in Wolseley was built in 1911 and sits on a 2,833 sqft lot. Its current assessed value is $311,000.

The property’s main strength is its land. The lot is larger than 75% of other homes on the same street, giving it above-average outdoor space relative to immediate neighbours. Inside, the living area is below the street and neighbourhood average, but right around the citywide average—so it’s not unusually small for Winnipeg as a whole. The assessed value sits close to the street median, slightly below the broader Wolseley and city benchmarks, which is fairly typical for a well-maintained older home in this area.

What makes this property stand out is its age. Built in 1911, it’s older than roughly 93% of homes across the city. That puts it in a distinct category: it has the character, construction, and lot proportions common to early-20th-century Wolseley homes, rather than the newer infill or suburban builds you find elsewhere. For the right buyer, that age isn’t a drawback—it signals solid original materials, established landscaping, and a streetscape with mature trees and consistent architectural scale.

This property would suit buyers who value location and outdoor space over a large interior footprint. It’s a good fit for someone wanting a modest-sized home in an established central neighbourhood, with room for a garden, a workshop, or future expansion. It may appeal less to buyers looking for a turnkey modern layout or a large open-concept floor plan.

Frequently Asked Questions

1. How does the living area compare to other Wolseley homes?
It’s below the neighbourhood average. The typical home in Wolseley is around 1,622 sqft, so this one is roughly 450 sqft smaller. That’s a meaningful difference and likely reflects a more compact floor plan common to older houses of this era.

2. Why is the assessed value below the neighbourhood and city averages?
Its value is close to the street median but below broader benchmarks. That’s partly because the living area is smaller than typical Wolseley and city homes. Assessed value also factors in condition, updates, and lot size—so a direct comparison to the neighbourhood average doesn’t mean it’s undervalued on its own terms.

3. Is a 1911 home a maintenance concern?
Not necessarily, but it depends on what’s been updated. Older homes often have good-quality framing and materials, but systems like wiring, plumbing, and insulation may need attention. A pre-purchase inspection is especially important for a home of this age.

4. What does “ranked #12 out of 48 on the street” for land area mean in practice?
It means the lot is among the largest on Camden Place. On a block of 48 comparable homes, only 11 have more land. That’s a genuine advantage for anyone wanting more yard space than the typical street neighbour.

5. How does this property compare to newer homes in Winnipeg?
It’s older, smaller in living area, and sits on a much smaller lot than the citywide average (which is heavily influenced by post-war suburban development). But it benefits from a central, walkable location in a character neighbourhood—something newer homes on the outskirts rarely offer.