524 Basswood Place

Wolseley, Winnipeg

Property score

67.7

Good

Overall 67.7 · Compared with neighbourhood average

1,368 sqft (bottom 35%) · 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

16% smaller than neighborhood avg.

Taon ng Paggawa

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

67.7 is composed by the two sections below.

Property Score

55.4Fair
Living Area1,368 sqft71Good
Taon ng Paggawa191116Low
Lupa3,628 sqft46Low
Neighbourhood Sales Activity53Fair

Community Score

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

Istatistika ng benta ng komunidad

Wolseley

How to read: Share of sales in each ~$50k price band for “wolseley” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

lampas sa average
1,368 sqft
0255075100
Same streetTop 28%Same areaBottom 35%CitywideTop 37%
Same street · Basswood Place
#15 / 53
Top 28% · Avg 1,301 sqft
Same area · Wolseley
#1,520 / 2,349
Bottom 35% · Avg 1,622 sqft
Citywide · Winnipeg
#72,550 / 194,458
Top 37% · Avg 1,342 sqft

Assessed Value

karaniwan
335k
0255075100
Same streetTop 47%Same areaBottom 44%CitywideBottom 41%
Same street · Basswood Place
#25 / 53
Top 47% · Avg 336.9k
Same area · Wolseley
#1,306 / 2,349
Bottom 44% · Avg 371.3k
Citywide · Winnipeg
#115,138 / 194,458
Bottom 41% · Avg 390.1k

Taon ng Paggawa

lampas sa average
1911
0255075100
Same streetTop 21%Same areaTop 50%CitywideBottom 7%

Lupa

lampas sa average
3,628 sqft
0255075100
Same streetTop 21%Same areaTop 28%CitywideBottom 21%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

524 Basswood Place — 23 amenities found within 500 m, across 9 categories, including 7 dining (nearest 172 m), 3 education (nearest 226 m), 2 healthcare (nearest 436 m).

Search radius
🍽️Dining7
🏫Education3
🏥Healthcare2
🛒Shopping1
🌳Parks3
🏦Finance2
Fuel Stations1
Worship3
🏛️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%

Kasaysayan ng Benta

Naibenta 10/2016CA$250k–300k
Presyo ng benta

Parehong kalye

Bottom 24%

Parehong lugar

Bottom 24%

Buong lungsod

Bottom 33%

Related homes

Mga tampok at karaniwang tanong: 524 Basswood Place, Winnipeg

524 Basswood Place – Property Summary

Key Characteristics & Buyer Profile

This 1911 home in Wolseley offers 1,368 square feet of living space on a 3,628-square-foot lot. Its assessed value is $335,000. The property stands out most for its lot size, which ranks in the top 21% on Basswood Place and top 28% within the neighbourhood—meaning more outdoor space than most nearby homes. The living area is above average for the street but roughly in line with citywide norms, so the interior is comfortable without being oversized. The assessed value is consistent with street and neighbourhood averages, suggesting the price is grounded relative to what else is available locally.

What isn’t immediately obvious from numbers: older homes like this often come with firmer bones, higher ceilings, and established landscaping that newer infill builds lack. The trade-off is that the citywide average year built is 1966, so this is an older structure—maintenance history matters here more than square footage.

This property suits buyers who value yard space and character over a move-in-ready, low-maintenance finish. It’s a good fit for someone comfortable with an older home’s quirks, or for anyone who wants a larger lot in Wolseley without paying a premium for a fully renovated interior. Not ideal for buyers seeking a modern open-concept layout or a property that requires no immediate upkeep.

Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
It’s around average for the street ($335K vs. $336.9K average) and slightly below the neighbourhood average of $371.3K. Citywide, it falls in the lower half of comparable homes.

2. Is the lot really that much bigger than typical Wolseley properties?
Yes. At 3,628 square feet, it’s above average for both the street (3,146 sqft avg) and the neighbourhood (3,434 sqft avg). That said, it’s still smaller than the citywide average of 6,570 sqft, so most of the advantage is local.

3. What should I know about a house built in 1911?
Utilities, foundation, roof, and window age are critical. Many homes of this era have been updated in stages, so check for consistent electrical, modern plumbing, and insulation. The good news: older Wolseley homes often have solid wood framing and basements that are dry if maintained.

4. Is the living area considered small for a house this age?
Not for the street—it’s above average there. But compared to the neighbourhood average of 1,622 sqft, it’s modest. The 1,368 sqft is typical of a well-laid-out pre-war house, not a cramped one.

5. How does this property rank citywide?
Living area and assessed value are average or slightly below. The lot size ranks in the top 21% citywide, though older construction is common. This is a property that competes on location and land, not on flashy upgrades.

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