528 Camden Place – Property Summary

Key Characteristics & Buyer Profile

This is a 1912-built home with 1,653 sq ft of living space, sitting on a 2,361 sq ft lot. Its standout feature is the interior size: it ranks 2nd out of 48 homes on Camden Place (top 4%), and sits well above the street average of 1,352 sq ft. On a city-wide level in Winnipeg, it falls in the top 23% for living area—a strong showing for an older urban property.

The assessed value is $394,000, which is notably above the street average of $303,000, but closely aligned with the neighbourhood and city averages. This suggests the home carries a premium relative to its immediate surroundings, likely driven by its extra square footage rather than land size. The lot is below average for both the Wolseley area and the city, which is typical for a property of this era in a mature, walkable neighbourhood.

The home’s age (1912) is consistent with many of its neighbours on Camden Place, but it’s significantly older than the typical Winnipeg home (1966). Buyers should be prepared for the maintenance realities and character features that come with a century home.

This property suits buyers who prioritise interior space over a large yard, value a strong street address within a desirable central neighbourhood like Wolseley, and are comfortable with the quirks and upkeep of a pre-war home. It may be less ideal for someone seeking a large private lot or a newer, lower-maintenance build.

Frequently Asked Questions

1. How does the lot size compare to other homes in Wolseley?
The lot is 2,361 sq ft, which ranks in the bottom 10% within the neighbourhood (2,112 out of 2,349 properties). Most homes in Wolseley sit on larger lots averaging 3,434 sq ft. This is a compact urban lot.

2. Is the assessed value likely to increase or decrease?
The assessed value of $394,000 is slightly above the Wolseley average and very close to the city average. It already reflects a premium for its living space. Future changes will depend on market conditions, but the property isn’t currently under-assessed relative to its peers.

3. What does the "top 4%" ranking on Camden Place actually mean?
It means this home ranks 2nd out of 48 properties on the street for both living area and assessed value. It’s one of the largest and most valuable homes on that specific block.

4. How does a 1912 build affect insurance or renovation options?
Older homes often come with higher insurance premiums and may require specialised coverage (e.g., knob-and-tube wiring, plaster walls, or foundation materials common to the era). Renovations may also need to meet modern building codes, which can add cost. It’s worth getting quotes early.

5. Who typically buys homes like this in Wolseley?
Buyers are often drawn to the neighbourhood’s walkability, mature tree canopy, and historic character. This particular property tends to appeal to people who value generous indoor living space and are willing to trade a larger yard for a stronger location on a quiet, well-regarded street.