Property score
66.1
Good
Overall 66.1 · Compared with neighbourhood average
1,368 sqft (bottom 35%) · Built in 1911 (5 yrs older than avg)
Located in a high-income area with median household income of ~100k
Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 7 dining spots, 3 schools, 1 shop, and 2 parks nearby
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Near average
5 yrs older 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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66.1 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
498 Basswood Place — 19 amenities found within 500 m, across 8 categories, including 7 dining (nearest 254 m), 3 education (nearest 208 m), 1 shopping (nearest 194 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 41% | Bottom 33% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1,368 sqft single-family home on Basswood Place, built in 1911. The lot is 2,748 sqft. Compared to other homes on the same street, it offers above-average living space and is one of the older homes on the block. However, its assessed value ($295,000) and land area both fall below the street and neighbourhood averages.
The appeal is somewhat subtle. A buyer gets a house with decent interior square footage for its street—ranking in the top 28%—but at a lower assessed value than most neighbours. That gap between living area and price may suggest a property that hasn’t been fully updated or one with less curb appeal or land. It sits in Wolseley, a neighbourhood where the average home is from 1916 and most lots are around 3,400 sqft, so this one is slightly smaller on both counts.
This property would suit a buyer who values indoor space over lot size and is comfortable with an older home that may need attention. It could be a fit for someone looking to enter a desirable central neighbourhood at a below-average price point, or for an owner-occupier willing to invest in updates over time. It is less suited to someone seeking a large yard or a move-in-ready property with top-tier finishes.
1. How does the assessed value compare to similar homes nearby?
The assessed value of $295,000 is below the street average of $336,900 and the neighbourhood average of $371,300. It ranks in the bottom quarter on its street and bottom quarter of Wolseley overall. This could reflect the smaller lot, older age, or less recent renovation work relative to neighbours.
2. Is the lot size unusually small?
The land area is 2,748 sqft. This is below average for Basswood Place (3,146 sqft) and well below the neighbourhood average (3,434 sqft). Citywide, it falls in the bottom 8%, though many homes in older central areas have comparable footprints.
3. The house was built in 1911—should that be a concern?
It is older than most homes on its street (average 1913) and older than the citywide median (1966). In Wolseley, however, homes from this era are the norm. The question is less about age and more about how well the systems and structure have been maintained. An inspection is advisable.
4. Why does the living area rank higher on the street than the assessed value?
The house has more interior space than many neighbours (top 28% on the street) but a lower assessed value. This mismatch often occurs when a property has not been renovated to current standards, or when its lot is small and there is less demand for that specific configuration. It can also happen if recent sales on the street are higher.
5. How does this home compare to the rest of Winnipeg?
On a citywide scale, the living area is slightly above average (top 37%), the assessed value is below average (top 72%), and the year built is far older than most (top 93% means only 7% of comparable homes are older). The lot is also smaller than average. In short, it is a relatively spacious but older, lower-valued home on a compact lot compared to the city as a whole.
