67.7
Good
Property score
67.7
Good
Overall 67.7
Compared with neighbourhood average
1,305 sqft (bottom 31%)
Built in 1911 (5 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: 8 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
Below average
20% 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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67.7 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
531 Basswood Place — 23 amenities found within 500 m, across 9 categories, including 8 dining (nearest 115 m), 3 education (nearest 198 m), 2 healthcare (nearest 372 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%
531 Basswood Place: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1911 single-family home with 1,305 sq ft of living space on a 3,684 sq ft lot, located on Basswood Place in the Wolseley neighbourhood.
Its strongest feature is the lot size. Within Wolseley, this property ranks in the top 26% for land area, and it’s in the top 15% compared to other homes on the same street. That means you’re getting more outdoor space than most nearby properties. The house itself is also among the older homes on the block — built in 1911, it’s older than roughly 80% of houses on the street, which may appeal to buyers who value original character or a more established streetscape.
The living area is average for the street and slightly below average for Wolseley as a whole. The assessed value sits near the middle of the pack on both the street and neighbourhood levels, and notably lower than the citywide average. This suggests the price is grounded relative to local benchmarks, which could mean less speculative upside but also more stability.
This property would likely suit buyers who prioritize a larger-than-average lot in an established central neighbourhood, who are comfortable with an older home’s maintenance realities, and who aren’t looking for maximum square footage. It’s less suited to someone seeking a newer, move-in-ready home with generous interior space.
1. How does the property’s assessed value compare to others nearby?
Slightly below the average on the street and in the neighbourhood. On Basswood Place, the average assessed value is about $337,000; this property is assessed at $326,000. Within Wolseley, the neighbourhood average is about $371,000. Citywide, it’s well below the average of $390,000.
2. Is the lot size unusually large for the area?
Yes, relative to the immediate street and neighbourhood. It’s in the top 15% on Basswood Place and the top 26% in Wolseley. However, compared to the city as a whole, it’s on the smaller side — most Winnipeg properties have larger lots on average.
3. What does the home’s age imply in practical terms?
Built in 1911, it’s older than most homes citywide but fairly typical for Wolseley. Homes of this vintage often have solid framing, higher ceilings, and established landscaping. They also tend to require ongoing updates to insulation, wiring, plumbing, and foundations. Buyers should budget for systems that may not meet current codes without upgrades.
4. How does the living space compare to other homes in Wolseley?
It’s about 1,305 sq ft, which is below the Wolseley average of 1,622 sq ft. On the street itself, it’s almost exactly average. If interior square footage is a priority, other options in the neighbourhood may offer more room.
5. Would this property be a good investment in this neighbourhood?
That depends on your goals. The assessed value is moderate relative to the area, and the large lot offers potential for expansion or landscaping projects. But the older structure and below-average interior size may limit resale value growth compared to fully updated or larger homes nearby. It could work well as a long-term hold for someone willing to invest in renovations.
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