71.3
Good
Property score
71.3
Good
Overall 71.3
Newer than most nearby homes
1,659 sqft (top 45%)
Built in 1913 (3 yrs older than avg)
Located in a high-income area
with median household income of ~100k
Transit 92.0
2-min walk to transit with 5 nearby routes
Within 500m: 7 dining spots, 3 schools, 2 healthcare facilitys, and 1 shop nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Above average
3 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
71.3 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
525 Basswood Place — 21 amenities found within 500 m, across 9 categories, including 7 dining (nearest 140 m), 3 education (nearest 225 m), 2 healthcare (nearest 391 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 35% | Top 39% | Top 42% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 41% | Top 46% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1913 home in Wolseley offers 1,659 square feet of living space on a 3,080-square-foot lot. Its assessed value sits at $462,000.
The property stands out most for its value relative to its immediate street. It ranks #1 out of 53 homes on Basswood Place for assessed value, with the street average around $337,000. The living area is also solid—top 11% on the street—and the home is one of the older, more established houses in a neighbourhood where the average build year is 1916.
That said, lot size is modest. It's roughly average for the street and neighbourhood, but well below the citywide average for comparable homes (6,570 sqft). This means the appeal isn't about land or a big yard. It's about getting a well-sized, higher-value home in a sought-after older neighbourhood without paying the premium you'd expect for the street.
This would suit a buyer who values character and location over outdoor space. Someone who wants to live in Wolseley—known for its tree-lined streets, older homes, and walkable community—but is looking for a property that already has strong equity relative to its neighbours. It may also appeal to an investor or homeowner who sees the assessed value gap between this property and the neighbourhood average as a sign of long-term stability rather than flip potential.
1. How does the 1913 build year affect maintenance?
Homes built in 1913 are common in Wolseley. You should expect older systems—plumbing, electrical, insulation, foundation—rather than major structural issues specific to this age. What matters more is how well the home has been updated over time, not the year itself. A 1913 home that's been maintained is often more reliable than a 1950s home that hasn't.
2. Why is the assessed value so much higher than the street average?
Assessed value reflects market conditions, not just square footage or lot size. The $462,000 value here outpaces the street average by roughly $125,000, which likely means this home has had more updates, better finishes, or a layout that buyers prefer. It could also reflect a recent renovation that neighbouring homes haven't done.
3. Is the lot size a problem for resale?
Not necessarily, but it depends on expectations. Citywide, lots average 6,570 sqft, so this one is small by comparison. However, in older, denser neighbourhoods like Wolseley, smaller lots are the norm. A buyer looking for a huge yard would be disappointed, but someone wanting a manageable outdoor space in a walkable area likely wouldn't mind.
4. What does "Around Average" mean at the neighbourhood level?
For living area, assessed value, and lot size, this property lands near the middle of Wolseley's range. That's not a weakness—it means the home is consistent with what the area typically offers. The standout feature is the street-level ranking, not the neighbourhood comparison.
5. Who would pay a premium for this home compared to others on Basswood Place?
A buyer who values condition, move-in readiness, or specific interior features over the chance to negotiate on price. If neighbouring homes need updating and this one doesn't, the assessed value gap makes sense. The premium isn't for land or size—it's for a home that's already in better shape or more thoughtfully finished.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
