Property score
67.5
Good
Overall 67.5 · Compared with neighbourhood average
1,403 sqft (bottom 38%) · 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
14% 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)
820
382.5k
$285/sqft
1916
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67.5 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: #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
516 Basswood Place — 23 amenities found within 500 m, across 9 categories, including 7 dining (nearest 192 m), 3 education (nearest 232 m), 2 healthcare (nearest 452 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 | Top 29% | Top 34% | Top 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Key Characteristics & Buyer Profile
This is a 1,403 sqft home, built in 1911, on a 2,748 sqft lot. Its main appeal lies in the livable floor area: it's above average for its street, ranking in the top 25% of comparable homes on Basswood Place. That means more interior space than most neighbors offer. The assessed value is $362,000, which is slightly above the street average but below both the neighborhood ($371,300) and citywide ($390,100) averages. This suggests the property is priced reasonably compared to the broader market, without the premium some of its nearby counterparts command.
The lot is noticeably smaller than average—ranking in the bottom quarter on the street and bottom 8% citywide. Buyers should expect limited outdoor space. The home’s age (1911) is older than the citywide average (1966), but it's consistent with the character of the Wolseley neighborhood, where many homes date from the early 1900s. The property suits someone who prioritizes interior square footage and wants to be in a historic, walkable area without paying a premium for a large yard or a newer build. It’s less ideal for those needing a big garden, a garage, or modern construction.
Five Possible FAQs
1. How does this home’s assessed value compare to others in Wolseley?
The assessment of $362,000 is below the neighborhood average of $371,300, ranking it around the middle (top 42%). It’s a solid value for the area, especially given its above-average living space.
2. Is the small lot a problem for resale?
Not necessarily, but it depends on the buyer. In Wolseley, smaller lots are common, so the market is used to it. Homes with larger yards often sell for more, so flipping or major renovations may be limited by the lot size. For a primary residence, it’s fine—just not a standout feature.
3. Why is the home ranked as “below average” for year built citywide?
Being built in 1911 puts it in the oldest 7% of homes citywide (top 93% rank). That means most Winnipeg homes are newer. However, in Wolseley, older homes are the norm, so the age is less of a concern there. Buyers should budget for potential maintenance on an early-1900s structure.
4. What’s the street like in terms of property sizes?
Basswood Place has a mix of homes, but 516 sits on one of the smaller lots (2,748 sqft vs. a street average of 3,146 sqft). The living area, though, is larger than most on the street—so it’s a trade-off between indoor space and outdoor space.
5. How does this property compare to the citywide average for living area?
It beats the citywide average of 1,342 sqft by about 60 sqft, ranking in the top 35% citywide. That’s a real advantage—you’re getting more interior space than most comparable homes in Winnipeg, even if the lot is smaller.
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