539 Camden Place – Property Summary

Key Characteristics & Buyer Profile

This is a 1912 home in Wolseley with 1,469 sq ft of living space on a 2,361 sq ft lot, assessed at $332,000. The property stands out most on its street: it ranks in the top 21% for living area and top 25% for assessed value among neighbouring homes, meaning it’s one of the larger and more valuable houses on Camden Place. Compared to the broader Wolseley neighbourhood and Winnipeg as a whole, however, the numbers are closer to average. The lot is notably small – in the bottom 10% locally and bottom 3% citywide – which is typical for older infill neighbourhoods but worth noting for anyone wanting yard space.

The appeal here is character and location over square footage or land. A 1912 build suggests original details, solid construction, and a street with similarly aged homes (the street average is also 1912). Wolseley is a desirable central neighbourhood known for walkability, tree-lined streets, and a mix of historic houses. The compact lot reduces outdoor maintenance, and the home’s size is practical for a couple, small family, or someone downsizing from a larger suburban house who still wants room for guests or a home office.

This property would suit buyers who value neighbourhood charm, a shorter commute, and an older home with potential for updates, rather than a large yard or brand-new construction. It may also appeal to investors looking for a well-located rental in a stable area, given the assessed value sits below the neighbourhood average.

Frequently Asked Questions

1. How does the lot size compare to other homes in Wolseley?
The lot is 2,361 sq ft, which is significantly smaller than the neighbourhood average of 3,434 sq ft. It ranks in the bottom 10% locally and bottom 3% citywide. If a large garden or outdoor entertaining space is important, this property may feel tight.

2. Is the assessed value of $332,000 considered good value for the area?
Yes, in relation to the immediate street. The average assessed value on Camden Place is $303,300, so this home is above that – ranking top 25% on the street. But it sits below the Wolseley average of $371,300 and the citywide average for comparable homes ($390,100), so you’re paying less than the typical neighbourhood property while getting more living space than most on your block.

3. What does a 1912 build year mean in practical terms?
Older homes often have solid framework, high ceilings, and character details that are hard to replicate. However, you may need to budget for electrical upgrades, plumbing, insulation, or foundation work, depending on what’s already been done. It’s also worth checking whether the home has updated windows, heating, and roof. The build year puts it in the older tier for Winnipeg, but not unusual for Wolseley, where many homes are from the same era.

4. How does the living space compare to typical homes in the city?
At 1,469 sq ft, it’s above the street average and slightly above the citywide average for comparable homes (1,342 sq ft), but below the Wolseley average (1,622 sq ft). So you get more space than much of the city, but the home is on the smaller side for the neighbourhood. It’s a comfortable size – not cramped, not sprawling.

5. What type of buyer would this property not suit?
Anyone who wants a large, private backyard, a newer home with low maintenance, or space for multiple vehicles off-street would likely find this property limiting. Families with older children who need room to play outdoors or multiple large bedrooms may also find the layout and lot restrictive. It’s better suited to someone who prioritises location and character over land and modern finishes.