50 Home Street – Property Summary

Key Characteristics & Buyer Profile

This is a 2,227-square-foot home built in 1911 on a 3,313-square-foot lot in Wolseley, Winnipeg. The property stands out most for its size. It ranks in the top 6% city-wide for living area, which is nearly double the typical Winnipeg comparable home. The assessed value is $479,000—well above the street average of $242,700 and the neighbourhood average of $371,300, reflecting the home’s size and desirability.

The appeal here is space and character in an established central neighbourhood. The lot is larger than most on the street (top 8%), though modest by city-wide standards. The 1911 build means this is an older home, even by Wolseley norms, and sits in the bottom 7% city-wide for age. That will matter to some buyers and not to others.

This property suits buyers who value interior square footage and a strong street-level location over a large yard or a newer build. It’s a good fit for someone looking for a home with early-20th-century character in a walkable, mature neighbourhood, and who is comfortable with the realities of an older house—maintenance, updates, and possibly higher utility costs. It would be less suitable for someone seeking a low-maintenance newer home or a large private lot.

Five Possible FAQs

1. How does the assessed value compare to the neighbourhood?
The home is assessed at $479,000, which is about 29% above the Wolseley average of $371,300. That’s a notable premium, but it aligns with the fact that the home has significantly more living space than most properties in the area.

2. Is the lot size typical for Wolseley?
The lot is 3,313 square feet. That’s on the smaller side for the neighbourhood—the Wolseley average is 3,434 square feet. However, it’s larger than most other homes on Home Street itself, where the average lot is 2,787 square feet. So you get more yard than your immediate neighbours, but not more than the broader area.

3. What does the year built mean in practical terms?
Built in 1911, this is an old home even for Wolseley, where the average build year is 1916. City-wide, it’s in the oldest 7% of properties. Expect original details (trim, doors, possibly plaster walls) but also older systems—plumbing, electrical, insulation, and windows may have been upgraded or may still need attention. A pre-purchase inspection by someone experienced with century homes is strongly recommended.

4. How does this home rank compared to others on Home Street?
Very well. It’s in the top 5% for living area, top 7% for assessed value, and top 8% for lot size on this street. That suggests it’s one of the larger, more valuable properties on the block. The only area where it’s merely average is age—it’s in the top 29%, meaning 71% of homes on the street are newer.

5. Who typically buys a home like this?
Buyers are often people who prioritize interior space and a central location over a big yard or a modern build. Think families who need room to spread out, or professionals who want a character home within walking distance of shops and amenities. Less likely to appeal to someone looking for a turnkey property or a large suburban lot.