538 Greenwood Place

Wolseley, Winnipeg

Property score

74.0

Good

Overall 74.0 · Compared with neighbourhood average

1,827 sqft (top 34%) · Built in 1910 (6 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: 10 dining spots, 3 schools, 3 healthcare facilitys, and 1 shop nearby

Living Area

Near average

13% larger than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 88%French · 4%

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

74.0 is composed by the two sections below.

Property Score

66.0Good
Living Area1,827 sqft89Excellent
Year Built191010Low
Lot Size4,154 sqft53Fair
Neighbourhood Sales Activity53Fair

Community Score

86.1Excellent
Household Income85Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

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: #46110109

Community deep dive

$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

Population, labour & age

Population (2021)603
Labour force participation rate75%
Median age40.0
Avg household size2.5
Unemployment rate6%
Population density4638 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households18%
Couple families with children35%
Median household income (2020)$100K

Housing

Renter households14%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority11%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 88%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

above average
1,827 sqft
0255075100
Same streetTop 15%Same areaTop 34%CitywideTop 16%
Same street · Greenwood Place
#33 / 220
Top 15% · Avg 1,263 sqft
Same area · Wolseley
#788 / 2,349
Top 34% · Avg 1,622 sqft
Citywide · Winnipeg
#31,443 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

around average
323k
0255075100
Same streetBottom 22%Same areaBottom 38%CitywideBottom 36%
Same street · Greenwood Place
#172 / 220
Bottom 22% · Avg 360.6k
Same area · Wolseley
#1,461 / 2,349
Bottom 38% · Avg 371.3k
Citywide · Winnipeg
#123,498 / 194,458
Bottom 36% · Avg 390.1k

Year Built

around average
1910
0255075100
Same streetBottom 10%Same areaBottom 34%CitywideBottom 6%

Lot Size

above average
4,154 sqft
0255075100
Same streetBottom 34%Same areaTop 13%CitywideBottom 28%

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

538 Greenwood Place — 25 amenities found within 500 m, across 8 categories, including 10 dining (nearest 45 m), 3 education (nearest 226 m), 3 healthcare (nearest 222 m).

Search radius
🍽️Dining10
🏫Education3
🏥Healthcare3
🛒Shopping1
🌳Parks2
🏦Finance2
Worship3
🏛️Government1

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 1/2021CA$300k–350k
Sold price

Same street

Bottom 33%

Same area

Bottom 33%

City-wide

Bottom 40%

Related homes

Highlights & common questions: 538 Greenwood Place, Winnipeg

538 Greenwood Place – Property Summary

Key Characteristics & Buyer Profile

This Wolseley-area home at 538 Greenwood Place stands out for its generous interior square footage and a notably large lot relative to the immediate neighbourhood. With 1,827 square feet of living area, it ranks in the top 15% on its street and top 16% citywide—well above average for a house built in 1910. The lot is 4,154 square feet, which is typical for the street but places it in the top 13% within Wolseley, where smaller parcels are more common. The assessed value of $323,000 is below the street and neighbourhood averages, likely reflecting the home’s age and possibly deferred updates rather than any structural issue. The house is older than most on the street (top 90% oldest) but sits within the typical vintage for Wolseley itself.

The appeal here is space: both indoors and outdoors. Buyers who value a larger floor plan and a generous yard in a central, established neighbourhood will find this compelling. It may suit someone comfortable with an older home’s character and maintenance rhythms, or a buyer looking for a property that offers more room than neighbours at a potentially lower entry price. The combination of a large lot and below-average assessment could also appeal to those with renovation plans, provided they are realistic about the age of the structure.


Five Frequently Asked Questions

  1. How does the lot size compare to other homes in Wolseley?
    The lot is above average for the neighbourhood, ranking in the top 13%. At 4,154 square feet, it offers more outdoor space than most nearby properties, though it’s smaller than the typical citywide lot.

  2. Why is the assessed value lower than the street average?
    The $323,000 assessment is below the street average of $360,600, likely due to the home’s age (1910) and that it hasn’t been updated to a level that would lift its value relative to neighbours. This is common with older homes that retain original features or systems.

  3. Is the living area measurement accurate for a 1910 house?
    1,827 square feet is well above average for a home of this vintage, both on the street and citywide. It suggests the house may have been expanded or originally built larger than typical for the era. You’d want to confirm the layout in person, as older homes sometimes have awkward room divisions.

  4. Does the age of the home mean higher maintenance costs?
    Generally, yes. A 1910 house will likely require attention to foundations, wiring, plumbing, and insulation. That said, Wolseley is full of century homes, so local contractors and trades are familiar with the challenges. The lower assessed value may offset some of these costs if you’re budgeting.

  5. How does this home compare to newer builds in the city?
    Against a typical newer home (average build year 1966 citywide), this house is older and likely has smaller rooms by modern standards, but more total square footage than most. The lot is smaller than the city average (6,570 sqft), but again generous for its neighbourhood. It won’t have the energy efficiency or open-concept layout of a new build, but offers character and space that newer homes often lack.

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