Property score
65.2
Good
Overall 65.2 · Smaller than most nearby homes
1,234 sqft (bottom 25%) · Built in 1911 (5 yrs older than avg)
Located in a high-income area with median household income of ~100k
Transit 100.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 7 dining spots, 4 schools, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
24% 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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65.2 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
534 Basswood Place — 22 amenities found within 500 m, across 9 categories, including 7 dining (nearest 136 m), 4 education (nearest 177 m), 2 healthcare (nearest 407 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 17% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
534 Basswood Place is a 1911 home with 1,234 square feet of living space on a 3,298 square foot lot. Its assessed value is $308,000. On its own street, the home’s size is close to the average, and its assessed value is also near the middle of the pack. Within the Wolseley neighborhood, however, the home is smaller than average, and its assessed value is on the lower side. The lot is slightly larger than the street average but smaller than typical for the city. The building is older than most homes in Winnipeg and slightly older than the average for its street, placing it among the older homes in the neighborhood.
The appeal here is a solid, unflashy home in a well-established inner-city neighborhood with character. It’s not the biggest or most expensive house on the block, nor the smallest. It sits comfortably in the middle, offering a realistic entry point into a desirable area without the premium attached to top-tier properties. This would suit a buyer who values neighborhood character and location over turnkey perfection or maximum square footage. Someone who appreciates the patina of an older home, is willing to work with its quirks, and wants a place that feels grounded rather than over-improved. It’s less suited for someone looking for a large family home or a modern, low-maintenance property.
1. How does the tax assessment compare to similar homes?
The assessed value of $308,000 is close to the average for the street and below both the neighborhood and city averages. That suggests the property is priced moderately relative to its peers, which could mean a lower tax burden than many comparable homes nearby.
2. Is the small lot a concern for this area?
The lot is 3,298 square feet—slightly bigger than the average for the street but smaller than typical for the city. In an older central neighborhood like Wolseley, smaller lots are common and often reflect the original subdivision patterns. It’s enough for a garden and outdoor space, but not for major expansion.
3. What does the 1911 build date mean in practical terms?
It predates most homes in Winnipeg, so the buyer should expect older systems (plumbing, electrical, foundation) that may need attention. However, it also places the home among the older stock on its street, which often means it’s part of a streetscape with mature trees and consistent character. A thorough inspection is essential.
4. How does this home stack up against others in Wolseley?
It’s smaller and assessed lower than the neighborhood average. The home is in the bottom quartile for living space in the area. That’s not a flaw—it just means it’s a more modest offering in a neighborhood that includes many larger, pricier homes. It’s a solid starter or downsizer option.
5. Why are the rankings different for land, size, and value?
Each metric compares the home against a different pool. The land is above average for the street but not for the city. Living space is average on the street but low for the neighborhood. Assessed value is consistent across all comparisons. This suggests the home’s value is in its setting and bones rather than its raw size or premium finishes.
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