Key Characteristics & Buyer Profile

This 1910 home on Greenwood Place in Wolseley stands out first and foremost for its interior space. At 2,478 square feet, it ranks in the top 1% on its street and top 3% citywide—significantly larger than the typical home in any of its reference groups. The assessed value, at $397,000, sits slightly above the street average but close to the city median, meaning the buyer gets well above average square footage without a proportional jump in property tax assessment.

The land is a mixed picture: at 4,092 square feet, it's generous for the Wolseley neighbourhood (top 13%) but below average for the city as a whole. That reflects the more compact lots typical of older central neighbourhoods, where street presence and yard space are often modest compared to newer subdivisions.

The home's age (1910) is a real consideration. It's among the older homes on its street and in the city, though in line with much of Wolseley. This kind of vintage usually means character details, solid construction if maintained, but also likely need for ongoing system upgrades (plumbing, electrical, insulation).

Who it suits: Buyers who prioritize interior living space above all else—large families, people who work from home and need room, or those who entertain frequently. The home also works for someone who values the walkable, established character of Wolseley over a newer or larger lot further out. It's less suited to someone looking for a move-in-ready property with modern mechanicals, or someone who wants a big yard.

Five Possible FAQs

1. The house was built in 1910. What should I watch out for?
Older homes can have charm, but they also often come with outdated wiring, cast iron or galvanized plumbing, and less insulation than modern standards. A thorough home inspection—especially of the electrical panel, plumbing lines, and foundation—is essential. Talk to your inspector about knob-and-tube wiring and lead paint risks, which are common in homes this age.

2. How do property taxes compare to other homes this size?
The assessed value of $397,000 is close to the city average, so the tax bill should be reasonable for a home of this size. Because the assessment is below the city median for land value, and the square footage is high, you're getting more interior space per tax dollar than many comparably sized homes in newer areas.

3. Is this a good investment property or a family home?
It could be either, but the layout and location lean toward a family home. Wolseley is a popular family-oriented neighbourhood with good schools and community amenities. The large interior could also be converted into a duplex or rental suite if zoning allows, but that depends on current city bylaws—check with the city's planning department before assuming.

4. How does the lot size compare to other homes in Wolseley?
The lot is above average for the neighbourhood, where typical parcels are smaller. That's a plus for Wolseley, where yard space is often limited. But compared to newer subdivisions on the outskirts of the city, the lot is small. If you want a large garden or space for a shop, this probably isn't it.

5. What's the street like? Is it quiet?
Greenwood Place is a short, residential street in a mature neighbourhood. Streets in Wolseley tend to be quieter than major arterial roads, but proximity to schools, parks, and local businesses means there's some pedestrian and vehicle activity. If you value walkability and a sense of community over absolute seclusion, that's the trade-off here.