Property score
69.1
Good
Overall 69.1 · Older than most nearby homes
1,580 sqft (top 50%) · Built in 1909 (7 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 6 nearby routes · Within 500m: 8 dining spots, 3 schools, 1 shop, and 1 park nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Below average
7 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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Property score
69.1 is composed by the two sections below.
Property Score
Community Score
Neighbourhood Sales
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.
Area census snapshot
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110109
Community deep dive
$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
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
EliteYear Built
below averageLot Size
around averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
506 Newman Street — 20 amenities found within 500 m, across 8 categories, including 8 dining (nearest 230 m), 3 education (nearest 150 m), 1 shopping (nearest 161 m).
Crime & Safety
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%
Sales History
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 2% | Top 27% | Top 34% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 9% | Bottom 6% | Bottom 18% |
506 Newman Street · Sold transaction data notes
Data Source
Data Coverage
Data Precision
Is Current Data Suitable for You
How to Get More Accurate Data
Privacy & Commitment
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 506 Newman Street, Winnipeg
506 Newman Street, Wolseley
Key Characteristics & Suitability
This 1909 home on Newman Street offers a solid living area of 1,580 square feet, which is well above the street average and places it in the top 5% of homes on that block. Its assessed value of $440,000 also ranks in the top 5% on the street, reflecting the property’s above-average size and finish relative to its direct neighbours. However, the lot is relatively compact at 3,098 square feet, and the home itself is older than most others on the street and throughout the city.
The property’s appeal lies in its combination of generous interior space and a desirable, established street within the Wolseley neighbourhood. Wolseley is known for its tree-lined streets, older character homes, and walkable access to shops, parks, and the river. While the lot is smaller than typical for the area, the home’s interior square footage is a clear standout—especially compared to other century-old homes in the same price bracket.
This property would suit a buyer who prioritises interior living space and a prime street over a large yard. It is a strong fit for someone who values the character and convenience of an older, central neighbourhood and is comfortable with the maintenance that comes with a home built in 1909. It may be less ideal for buyers seeking a newer build or a large private lot.
Frequently Asked Questions
-
How does the home’s age compare to others in the area?
Built in 1909, it is older than roughly 96% of homes on Newman Street and 95% of homes citywide. The median build year on the street is 1947, and in the neighbourhood it is 1916, so this property is among the older ones in the immediate area. -
Is the assessed value aligned with the home’s condition?
The assessed value of $440,000 is based on market conditions and property characteristics as of the assessment date. Rankings place it in the top 5% on the street and top 20% in the neighbourhood, which typically reflects above-average size, condition, or location—but an inspection is the best way to confirm physical condition. -
Why is the lot size considered below average?
At 3,098 square feet, the lot is smaller than about 73% of lots on Newman Street and 86% citywide. This is common for older, infill-style homes in central neighbourhoods, where lots were often subdivided earlier or built on narrower plots. -
What does the neighbourhood analysis map show?
The map allows you to see this property’s lot, living area, assessed value, and year built alongside nearby homes. It provides context for the rankings—showing, for example, how the living area compares to similar homes a few doors away, and whether the value aligns with the street’s overall pattern. -
Is this property suitable for a family?
With 1,580 square feet of living space, it offers enough room for a small to medium-sized family. The smaller lot means limited outdoor space, so it works best for families who prioritise indoor space and neighbourhood amenities over a large yard. Proximity to schools and parks in Wolseley is a plus.