57.7
Fair
Property score
57.7
Fair
Overall 57.7
Smaller but newer than most nearby homes
960 sqft (bottom 9%)
Built in 1924 (8 yrs newer than avg)
Located in a high-income area
with median household income of ~100k
Transit 92.0
3-min walk to transit with 5 nearby routes
Within 500m: 10 dining spots, 3 schools, 3 healthcare facilitys, and 1 shop nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Above average
8 yrs newer 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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57.7 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
501 Sprague Street — 24 amenities found within 500 m, across 9 categories, including 10 dining (nearest 142 m), 3 education (nearest 265 m), 3 healthcare (nearest 328 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%
501 Sprague Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 1924 one-storey home in Winnipeg's Wolseley neighbourhood presents a classic character property on a generous 3,936 sqft lot. Its key appeal lies in a balance of original charm and practical updates, notably a renovated basement. At 960 sqft of living space, the house itself is efficient, ranking highly for its size relative to nearby homes, suggesting a well-proportioned layout for its era. The detached garage and larger-than-average lot offer valuable flexibility and outdoor potential not always found in central neighbourhoods.
The property suits first-time buyers or downsizers seeking an established, walkable community without a massive footprint. Its assessed value is notably low for the area, which could indicate an opportunity for value-conscious buyers or those with a renovation budget, though it warrants due diligence. A thoughtful perspective is that while the home is over a century old, its lot size ranks in the top tier for the street, making the land itself a significant asset. The appeal is grounded in community and lot value as much as the house itself.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations with the city and their inspector.
2. How does the low assessed value impact property taxes?
A lower assessed value typically results in lower municipal property taxes, which is a financial advantage. However, the significant gap between the assessed value and likely market price should be discussed with a real estate professional to understand future assessment implications.
3. What does the "Top 42%" lot size ranking mean for this street?
This means the lot is larger than 42% of the 50 lots on Sprague Street. It indicates the property is on the upper half of the scale for lot size on its specific block, a positive for privacy and outdoor space.
4. The home is 102 years old. What should I prioritize during an inspection?
Beyond standard systems, focus on the foundation, roof age, wiring, plumbing updates, and the quality/permits for the basement renovation. The integrity of original materials in a home of this age is key.
5. How does this home compare to others in Wolseley?
The living area is smaller than many Wolseley homes (ranking in the top 13%, meaning 87% are larger), suggesting it's a more compact option. Its assessed value, however, is higher than 80% of neighbourhood homes, which may reflect its lot size, renovated basement, or specific location.
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