531 Telfer Street S

Wolseley, Winnipeg

Property score

68.4

Good

Overall 68.4 · Compared with neighbourhood average

1,549 sqft (bottom 48%) · Built in 1912 (4 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, 4 schools, 1 shop, and 4 parks nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Near average

4 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

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Property score

68.4 is composed by the two sections below.

Property Score

56.0Fair
Living Area1,549 sqft79Good
Year Built191216Low
Lot Size2,413 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

above average
1,549 sqft
0255075100
Same streetTop 12%Same areaBottom 48%CitywideTop 28%
Same street · Telfer Street S
#10 / 82
Top 12% · Avg 1,140 sqft
Same area · Wolseley
#1,214 / 2,349
Bottom 48% · Avg 1,622 sqft
Citywide · Winnipeg
#54,212 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

above average
385k
0255075100
Same streetTop 9%Same areaTop 34%CitywideTop 42%
Same street · Telfer Street S
#7 / 82
Top 9% · Avg 293.1k
Same area · Wolseley
#808 / 2,349
Top 34% · Avg 371.3k
Citywide · Winnipeg
#82,459 / 194,458
Top 42% · Avg 390.1k

Year Built

around average
1912
0255075100
Same streetTop 46%Same areaTop 36%CitywideBottom 8%

Lot Size

below average
2,413 sqft
0255075100
Same streetBottom 27%Same areaBottom 14%CitywideBottom 3%

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 Telfer Street S — 21 amenities found within 500 m, across 7 categories, including 6 dining (nearest 152 m), 4 education (nearest 141 m), 1 shopping (nearest 331 m).

Search radius
🍽️Dining6
🏫Education4
🛒Shopping1
🌳Parks4
🏦Finance2
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 4/2021CA$300k–350k
Sold price

Same street

Top 23%

Same area

Bottom 49%

City-wide

Top 50%
Sold 3/2016CA$250k–300k
Sold price

Same street

Bottom 34%

Same area

Bottom 20%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 531 Telfer Street S, Winnipeg

Key Characteristics & Buyer Profile

This is a 1,549 sqft home built in 1912 on a 2,413 sqft lot in the Wolseley area. Its standout feature is interior space. Within its own street, it ranks in the top 12% for living area, well above the street average of 1,140 sqft. This means the house offers significantly more room than most of its immediate neighbours. At the city level, it still sits above average (top 28%), though the lot itself is notably small—ranking in the bottom 3% citywide at 2,413 sqft.

The property’s assessed value of $385,000 places it in the top 9% on the street and right around the middle for the broader neighbourhood and city. The 1912 build date is typical for Wolseley but old by city standards, meaning original character but likely an older structure.

Where the appeal lies: This property suits buyers who prioritise generous indoor square footage in a central, established neighbourhood and are comfortable with a compact lot. The value proposition is strong on a per-square-foot basis relative to other homes nearby. The small lot can also mean lower outdoor maintenance—a practical advantage for some.

Who it suits: Homeowners who want more living space than a bungalow offers but don’t need a large yard or garden. It would also suit someone looking for a character home in Wolseley who values interior room over outdoor space. The assessed value suggests it may be relatively affordable for its size in this area.


Five Possible FAQs

1. How does the property’s size compare to others on this street?
The house is significantly larger than average. The typical home on Telfer Street has about 1,140 sqft of living space, so at 1,549 sqft, this property offers about 35% more interior space than most of its direct neighbours.

2. Is the small lot a disadvantage?
That depends on your needs. The lot is 2,413 sqft, which is notably smaller than the street average of 3,000 sqft and far below the city average of 6,570 sqft. If you want a large yard for gardening, kids, or pets, this probably isn’t the right fit. However, the smaller lot means less upkeep, which some buyers actively prefer.

3. Is the assessed value of $385,000 a fair price for the area?
The assessment is above the street average ($293,000) but right around the middle for Wolseley ($371,000) and the city ($390,000). It reflects the fact that you’re getting more interior space than most homes on the block, but a smaller lot. It’s likely a reasonable baseline, though final market value depends on condition and upgrades.

4. What should I know about a house built in 1912?
It’s typical for Wolseley but older than about 90% of homes citywide. Original features like high ceilings, solid woodwork, and character are common, but you should also expect potential issues with old wiring, plumbing, insulation, and foundation. A thorough home inspection is strongly recommended.

5. How does this property compare to others in Wolseley overall?
Within Wolseley, the living space is slightly below the neighbourhood average of 1,622 sqft, so it’s not oversized for the area. The lot, however, is well below the neighbourhood average of 3,434 sqft. So you’re getting a typical interior footprint on a smaller-than-typical lot—which often results in a lower overall price point for the neighbourhood.

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