531 Craig Street

Wolseley, Winnipeg

Property score

61.5

Fair

Overall 61.5 · Smaller but newer than most nearby homes

1,167 sqft (bottom 20%) · Built in 1913 (3 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 100.0 · 2-min walk to transit with 6 nearby routes · Within 500m: 6 dining spots, 2 schools, 1 shop, and 4 parks nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Above average

3 yrs older than neighborhood avg.

Mother tongue

English · 86%French · 1%

Past 10 years Wolseley sales snapshot (~80% of all data)

Sold Count

820

Median price

382.5k

$/sqft

$285/sqft

Avg build year

1916

Need help understanding this property?

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

Property score

61.5 is composed by the two sections below.

Property Score

44.6Low
Living Area1,167 sqft60Fair
Year Built191316Low
Lot Size2,194 sqft18Low
Neighbourhood Sales Activity53Fair

Community Score

86.9Excellent
Household Income84Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health96Excellent

Neighbourhood Sales

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.

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: #46110111

Community deep dive

$98K

Median household income

$116K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.3

P90 / P10 ratio

26%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)674
Labour force participation rate80%
Median age36.0
Avg household size2.4
Unemployment rate5%
Population density4493 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households26%
Couple families with children30%
Median household income (2020)$98K

Housing

Renter households18%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority9%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,167 sqft
0255075100
Same streetBottom 44%Same areaBottom 20%CitywideBottom 47%
Same street · Craig Street
#34 / 61
Bottom 44% · Avg 1,171 sqft
Same area · Wolseley
#1,882 / 2,349
Bottom 20% · Avg 1,622 sqft
Citywide · Winnipeg
#103,755 / 194,458
Bottom 47% · Avg 1,342 sqft

Tax-Assessed Value

above average
344k
0255075100
Same streetTop 25%Same areaBottom 49%CitywideBottom 44%
Same street · Craig Street
#15 / 61
Top 25% · Avg 299.4k
Same area · Wolseley
#1,199 / 2,349
Bottom 49% · Avg 371.3k
Citywide · Winnipeg
#108,668 / 194,458
Bottom 44% · Avg 390.1k

Year Built

above average
1913
0255075100
Same streetTop 7%Same areaTop 30%CitywideBottom 10%

Lot Size

around average
2,194 sqft
0255075100
Same streetBottom 43%Same areaBottom 2%CitywideBottom 1%

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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

531 Craig Street — 18 amenities found within 500 m, across 7 categories, including 6 dining (nearest 131 m), 2 education (nearest 271 m), 1 shopping (nearest 490 m).

Search radius
🍽️Dining6
🏫Education2
🛒Shopping1
🌳Parks4
🏦Finance1
Fuel Stations1
Worship3

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%

Sales History

Sold 9/2020CA$300k–350k
Sold price

Same street

Top 23%

Same area

Bottom 39%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 531 Craig Street, Winnipeg

531 Craig Street — Property Summary

Key Characteristics & Profile

This is a 1913-built home with 1,167 square feet of living space on a 2,194-square-foot lot, located on Craig Street in Winnipeg's Wolseley neighbourhood. Its assessed value sits at $344,000.

The property stands out most clearly in its age and street-level value. It's among the oldest homes on its block—ranked 4th out of 61 properties for year built (top 7%)—and its assessed value ranks in the top 25% on Craig Street, notably above the street average of $299,400. The living area is essentially average for the street and city, and slightly below the Wolseley neighbourhood norm. The lot size is small, ranking near the bottom both in the neighbourhood (top 98%) and citywide (top 99%).

Where the appeal lies: This is a home defined by character and street-level affordability, not by space or land. Its appeal is in the combination of an older home (likely with original details) in a desirable older neighbourhood, at a price point below much of the surrounding market. For someone who values location, walkability, and architectural history over square footage or a large yard, this property offers strong relative value on its street.

Suitable buyers: First-time buyers looking for an older home in a stable, established neighbourhood; empty nesters or singles who want less maintenance and outdoor space; buyers priced out of larger Wolseley homes but still wanting to be in the area. Probably not a fit for families needing more interior or yard space, or anyone seeking a newer build with low upkeep.


Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
Above average on Craig Street ($344K vs. $299K street average), but essentially average for Wolseley ($371K neighbourhood average) and slightly below the citywide average for comparable homes ($390K). It's priced competitively for its immediate street.

2. The lot is listed at 2,194 sqft—is that standard for Wolseley?
No. This is a small lot even by Wolseley standards (the neighbourhood average is 3,434 sqft) and very small citywide (average 6,570 sqft). Outdoor space is limited, which is typical for older in-fill or narrower lots in this part of the neighbourhood.

3. What does "ranked top 7% for year built" actually mean?
Only 4 out of 61 homes on Craig Street are older than this one (built 1913). It's also older than roughly 70% of homes in Wolseley and about 90% of homes citywide. You're buying into a pre-WWI era of construction, which often means solid materials and original character—but also potential for older systems and maintenance needs.

4. Is the living area of 1,167 sqft considered small for the area?
It's right at the street average (1,171 sqft), but notably below the Wolseley neighbourhood average (1,622 sqft). So yes, it's smaller than many nearby homes but not unusual for this specific block. It's also slightly below the citywide comparable average (1,342 sqft).

5. Does a "below average" ranking in some categories mean it's a bad property?
Not at all. The rankings simply reflect how this home compares across different metrics. A home that's smaller and on a smaller lot can still be a great fit—it often means lower maintenance, a lower purchase price relative to neighbours, and potentially more walkable access to amenities. The real question is whether the trade-offs match your priorities.

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.