61.5
Fair
Property score
61.5
Fair
Overall 61.5
Smaller than most nearby homes
1,166 sqft (bottom 20%)
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: 6 dining spots, 1 school, 4 parks, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
28% 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
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61.5 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
498 Stiles Street — 15 amenities found within 500 m, across 6 categories, including 6 dining (nearest 222 m), 1 education (nearest 242 m), 4 parks (nearest 203 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 20% | Bottom 9% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1911 home in Wolseley with 1,166 square feet of living space on a 2,456-square-foot lot. Its assessed value is $262,000. The property sits slightly below average for its street in both living area and value, and is noticeably below neighborhood and city averages for lot size and assessment. However, the house itself is older than most in the city (top 93% citywide by age), which reflects a character-home feel common in this area.
The appeal here is affordability relative to the Wolseley market. Buyers get into a desirable central neighbourhood at a price point well below the neighborhood average of $371,300. The trade-off is a smaller lot and a home that may need updating. This suits buyers who prioritize location and potential over move-in-ready finishes—first-time buyers, renovators, or those willing to invest sweat equity. The below-average assessment also suggests room for value growth if improvements are made. It’s less suitable for someone seeking a large yard or a house that doesn’t require work.
1. How does this property compare to others on Stiles Street?
It’s around average for living area and year built, but below average in assessed value and lot size. It ranks 49th out of 64 homes on the street by value, meaning it’s one of the more affordable options.
2. Is the lot size a concern for this neighbourhood?
Yes, relative to Wolseley. The lot is 2,456 sqft, while the neighbourhood average is 3,434 sqft. Citywide, it’s in the bottom 3% for lot size. This is typical for older infill or character homes near the core, but it limits yard space and expansion potential.
3. What does the assessed value tell me about the home’s condition?
Assessment reflects market value, not condition directly. The below-average value for the neighbourhood suggests either a smaller home, less updated interior, or a less desirable location within Wolseley. It doesn’t automatically mean poor condition, but it’s a signal to inspect carefully.
4. How old is the house, and what does that mean for maintenance?
Built in 1911, it’s older than 93% of homes in Winnipeg. This likely means original character details (trim, windows, possibly plaster walls), but also potential issues with aging electrical, plumbing, foundation, or insulation. A thorough inspection is strongly recommended.
5. Is this a good investment property?
Possibly, if you’re comfortable with renovation. The purchase price is low for Wolseley, and the neighbourhood has strong long-term demand. However, the small lot limits redevelopment potential, and older homes can have unpredictable repair costs. It’s better suited as a primary residence with upside than a passive rental play.
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