511 Basswood Place

Wolseley, Winnipeg

66.1

Good

Overall 66.1

Compared with neighbourhood average

1,312 sqft (bottom 31%)

Built in 1911 (5 yrs older 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: 7 dining spots, 3 schools, 2 healthcare facilitys, and 1 shop nearby

Living Area

Below average

19% 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)

Sold Count

820

Median price

382.5k

$/sqft

$285/sqft

Avg build year

1916

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Property score

66.1 is composed by the two sections below.

Property Score

52.7Fair
Living Area1,312 sqft71Good
Year Built191116Low
Lot Size2,750 sqft28Low
Neighbourhood Sales Activity53Fair

Community Score

86.1Excellent
Household Income85Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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

Population (2021)603
Labour force participation rate75%
Median age40.0
Avg household size2.5
Unemployment rate6%
Population density4638 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households18%
Couple families with children35%
Median household income (2020)$100K

Housing

Renter households14%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority11%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 88%
Mother tongue (2nd)French · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,312 sqft
0255075100
Same streetTop 38%Same areaBottom 31%CitywideTop 41%
Same street · Basswood Place
#20 / 53
Top 38% · Avg 1,301 sqft
Same area · Wolseley
#1,618 / 2,349
Bottom 31% · Avg 1,622 sqft
Citywide · Winnipeg
#79,488 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

above average
371k
0255075100
Same streetTop 26%Same areaTop 39%CitywideTop 47%
Same street · Basswood Place
#14 / 53
Top 26% · Avg 336.9k
Same area · Wolseley
#922 / 2,349
Top 39% · Avg 371.3k
Citywide · Winnipeg
#90,675 / 194,458
Top 47% · Avg 390.1k

Year Built

above average
1911
0255075100
Same streetTop 21%Same areaTop 50%CitywideBottom 7%

Lot Size

around average
2,750 sqft
0255075100
Same streetTop 47%Same areaBottom 27%CitywideBottom 8%

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

511 Basswood Place — 22 amenities found within 500 m, across 9 categories, including 7 dining (nearest 186 m), 3 education (nearest 271 m), 2 healthcare (nearest 425 m).

Search radius
🍽️Dining7
🏫Education3
🏥Healthcare2
🛒Shopping1
🌳Parks3
🏦Finance2
Fuel Stations1
Worship2
🏛️Government1

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

Sold 7/2021CA$350k–400k
Sold price

Same street

Top 24%

Same area

Top 27%

City-wide

Top 34%

Related homes

Highlights & common questions: 511 Basswood Place, Winnipeg

511 Basswood Place – Property Summary

Key Characteristics & Buyer Profile

This 1911 home on Basswood Place offers 1,312 sq. ft. of living space on a 2,750 sq. ft. lot. Within its immediate street, it sits slightly above average in assessed value ($371,000) and is one of the older homes, built earlier than most neighbours. In the broader Wolseley area, the property is close to the community average on most metrics—size, value, and age—though its lot is smaller than the neighbourhood norm. Citywide, it lands very close to the median for living area and assessed price, while the land footprint is well below the Winnipeg average.

The appeal here is balance. You get a house that’s in line with its surroundings in size and tax assessment, but on a more compact lot—something that might suit someone who wants the character and walkability of Wolseley without the maintenance of a larger yard. The age of the home (1911) means it likely has original details, but buyers should be comfortable with the realities of an older structure. This property would work well for someone looking for a representative Wolseley home at a middle-of-the-pack price point, especially if they’re less concerned with outdoor space and more focused on location and character.

Frequently Asked Questions

1. How does this home’s size compare to others in Wolseley?
It’s nearly identical to the street average (1,301 sq. ft.) and a bit smaller than the broader Wolseley average (1,622 sq. ft.). So it’s typical for the immediate block but on the smaller side for the wider neighbourhood.

2. Is the assessed value of $371,000 reasonable for the area?
Yes. It’s above the street average ($337,000) but right at the neighbourhood average ($371,000) and slightly below the city median ($390,000). The assessment aligns well with local comparables.

3. The lot is only 2,750 sq. ft.—is that common for Wolseley?
Not especially. The average lot in Wolseley is about 3,434 sq. ft., so this one is noticeably smaller. Citywide, it’s even more of a difference, since the average Winnipeg lot is 6,570 sq. ft. This is a yard you can manage quickly, but you won’t have a large outdoor area.

4. What should I know about a home built in 1911?
It’s older than most homes on the street and in the city. That often means solid construction, possibly with original woodwork or plaster, but also potential issues with insulation, wiring, plumbing, or foundation. A thorough inspection is recommended. Properties of this vintage can be rewarding for someone who appreciates older homes, but they do require ongoing maintenance.

5. How does this property rank overall in its street and community?
On Basswood Place (53 homes), it ranks in the top quarter for assessed value and in the top third for living area. It’s older than most on the street and roughly middle of the pack for lot size. In Wolseley, it’s very close to the median on most measures, making it a fairly typical home for the area—neither a standout bargain nor an outlier in price or size.

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