530 Telfer Street S – Property Summary

Key Characteristics & Buyer Profile

This is a 1910-built home in the Wolseley neighbourhood, with 1,394 sq ft of living space on a 3,319 sq ft lot. The property sits on Telfer Street South, a street where it places in the top 23% for living area and top 20% for assessed value—both above the street average. That’s noteworthy because the house is older than most on the street (built 1910 vs. a street average of 1923), yet its size and tax assessment still outperform many neighbours.

At the community level, the home tracks close to Wolseley averages in both size and value. Citywide, it falls in the middle third—not exceptional, but solidly typical for its era and location. The lot is generous relative to the street, but smaller than the Winnipeg average, which is common for older central neighbourhoods where lots were subdivided earlier.

What it offers: A well-sized, pre-war character home in a walkable area, with above-average value on its street. The land-to-building ratio suggests potential for expansion or renovation, and the assessed value indicates it’s not overpriced relative to comparables.

Who it suits: Buyers drawn to older, established neighbourhoods who want more living space than the street average, without paying a premium for a newer build. It’s also a fit for anyone who values pedestrian access and a tighter-knit street feel over a large suburban lot. Renovation-minded buyers may see opportunity here, particularly given the land area and relatively moderate citywide assessment.

Frequently Asked Questions

1. How does the age of this home compare to others in Wolseley?
It’s right in line with the neighbourhood. The Wolseley average build year is 1916, and this home was built in 1910—well within the typical range for the area. Older than most Winnipeg homes overall, but very normal for this part of the city.

2. Is the lot considered small for a single-family home in Winnipeg?
By citywide standards, yes. The Winnipeg average lot is roughly double this size. But within Wolseley, the lot is close to average, and it’s larger than most on Telfer Street S. This is common for older, central neighbourhoods where lots were laid out before suburban norms took hold.

3. Why is the assessed value above street average but below community and city averages?
The street has a lower average assessment ($293K) than both Wolseley ($371K) and Winnipeg ($390K). So this home’s $343K assessment stands out on its own street but falls in the middle range when compared to the broader neighbourhood and the city at large. It’s a matter of local context.

4. What kind of renovations or updates should I expect from a 1910 home?
That depends on what’s been done since. The data only covers age, not condition. Typical considerations for a home of this vintage include original plumbing and electrical systems, foundation condition, insulation, windows, and lead paint. A home inspection is strongly recommended before purchase.

5. How does this property compare to others currently for sale on Telfer Street or in Wolseley?
On Telfer Street S, it ranks well above average in size and value, making it a relatively strong offering. In Wolseley more broadly, it sits close to the middle—not exceptional, but solid. For a direct, side-by-side comparison with nearby detached homes, the “surrounding map analysis” tool linked on the property page gives a more visual, intuitive breakdown.