Property score
72.5
Good
Overall 72.5 · Larger than most nearby homes
2,120 sqft (top 16%) · Built in 1912 (4 yrs older than avg)
Located in a above-average income area with median household income of ~68.5k
Transit 92.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 11 dining spots, 3 schools, 3 healthcare facilitys, and 1 shop nearby
Living Area
Above average
31% larger than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 86%French · 2%
Past 10 years Wolseley sales snapshot (~80% of all data)
820
382.5k
$285/sqft
1916
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72.5 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: #46110108
$69K
Median household income
$94K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.7
P90 / P10 ratio
44%
Single-person households
17%
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
511 Greenwood Place — 27 amenities found within 500 m, across 8 categories, including 11 dining (nearest 134 m), 3 education (nearest 314 m), 3 healthcare (nearest 254 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 43% | Bottom 39% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 1912 two-and-a-half storey home in Wolseley offers a classic character footprint with significant upside. Its key appeal lies in the combination of a large lot (over 4,000 sq ft), substantial living space (2,120 sq ft ranking in the top 6% on its street), and a notably low assessed value. This creates a compelling proposition for a specific buyer: someone seeking a heritage-area project with a solid foundation. The home is clearly unrenovated, with an unfinished basement, but its above-average size for the area suggests good original bones. It would suit a hands-on buyer, an investor looking for a hold-and-renovate property, or a family planning a long-term, phased restoration who values inner-city location and lot size over move-in-ready condition. A less obvious perspective is the financial headroom; the significant gap between its current assessed value and the sold prices of nearby, similarly-sized homes hints at potential equity growth through careful updates, making it a strategic entry into a desirable neighbourhood.
Frequently Asked Questions
1. Why is the assessed value so much lower than similar-sized homes nearby?
Assessed values are for municipal tax purposes and often lag behind market values, especially for homes in need of modernization. This lower assessment likely reflects the unrenovated state but can mean relatively lower property taxes for the new owner.
2. What does "two-and-a-half storey" mean for this house?
Typically, this style features two full floors of living space with a smaller top floor under a sloped roof (the "half" storey), often containing cozy bedrooms or a flexible loft space, which contributes to its character and efficient use of the footprint.
3. The lot is large for the area. What are the possibilities?
A lot of this size (4,022 sq ft) in Wolseley is a valuable asset. Beyond garden space, it may offer future potential for additions, subject to zoning and heritage guidelines. It provides a rare sense of openness and privacy for an inner-city property.
4. The house last sold in late 2021. What does that indicate?
The sale three years ago at a price point below many comparable homes suggests it was likely purchased as a project. The current listing may represent a change in plans for the owner, presenting a new opportunity for the next renovator.
5. What should I budget beyond the purchase price?
Given the unrenovated state and age, a thorough inspection is crucial. Budgeting should prioritize essential updates: roof, wiring, plumbing, and heating systems. The unfinished basement presents both a cost and an opportunity to customize a key space from the ground up.
