55 Lipton Street

Wolseley, Winnipeg

Property score

65.9

Good

Overall 65.9 · Compared with neighbourhood average

1,717 sqft (top 42%) · Built in 1912 (4 yrs older than avg)

Located in a above-average income area with median household income of ~71k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 2 dining spots, 1 school, 1 shop, and 5 parks nearby

Living Area

Near average

6% larger than neighborhood avg.

Year Built

Near average

4 yrs older than neighborhood avg.

Mother tongue

English · 82%French · 2%

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

65.9 is composed by the two sections below.

Property Score

61.7Fair
Living Area1,717 sqft86Excellent
Year Built191216Low
Lot Size2,847 sqft28Low
Neighbourhood Sales Activity53Fair

Community Score

72.3Good
Household Income72Good
Education Level91Excellent
Housing Stress42Low
Core Housing Need63Fair
Employment Health76Good

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: #46110650

Community deep dive

$71K

Median household income

$81K

Average household income

11%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.3

P90 / P10 ratio

37%

Single-person households

19%

Families with children

Population, labour & age

Population (2021)539
Labour force participation rate75%
Median age35.2
Avg household size2.1
Unemployment rate15%
Population density5390 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households37%
Couple families with children19%
Median household income (2020)$71K

Housing

Renter households57%
Condominium dwellings6%
Median dwelling value (owners)$340K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority21%
Bachelor's or higher (25–64)50%
Mother tongue (1st)English · 82%
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
1,717 sqft
0255075100
Same streetTop 10%Same areaTop 42%CitywideTop 20%
Same street · Lipton Street
#59 / 616
Top 10% · Avg 1,163 sqft
Same area · Wolseley
#977 / 2,349
Top 42% · Avg 1,622 sqft
Citywide · Winnipeg
#39,392 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
426k
0255075100
Same streetTop 6%Same areaTop 22%CitywideTop 33%
Same street · Lipton Street
#34 / 616
Top 6% · Avg 250.2k
Same area · Wolseley
#527 / 2,349
Top 22% · Avg 371.3k
Citywide · Winnipeg
#63,603 / 194,458
Top 33% · Avg 390.1k

Year Built

around average
1912
0255075100
Same streetTop 45%Same areaTop 36%CitywideBottom 8%

Lot Size

above average
2,847 sqft
0255075100
Same streetTop 25%Same areaBottom 30%CitywideBottom 9%

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

55 Lipton Street — 10 amenities found within 500 m, across 5 categories, including 2 dining (nearest 296 m), 1 education (nearest 142 m), 1 shopping (nearest 390 m).

Search radius
🍽️Dining2
🏫Education1
🛒Shopping1
🌳Parks5
💪Sports1

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 5/2023CA$400k–450k
Sold price

Same street

Top 4%

Same area

Top 16%

City-wide

Top 27%

Related homes

Highlights & common questions: 55 Lipton Street, Winnipeg

55 Lipton Street – Property Summary

Key Characteristics & Buyer Profile

This 1912 home in Wolseley offers 1,717 square feet of living space on a 2,847-square-foot lot. Its assessed value is $426,000. The standout feature is its size and value relative to the immediate street: on Lipton Street, it ranks in the top 10% for living area and the top 6% for assessed value. The home is significantly larger and more valuable than most others on the block, where the average living area is 1,163 square feet and the average assessed value is $250,200.

The appeal here is less about the property itself and more about what it represents in context. Within Wolseley, it’s around average for both size and year built, but the street-level numbers suggest this house is a relative standout on its block. Citywide, the land is on the smaller side (bottom 10%), which is typical for an older urban neighborhood. The year built (1912) is older than the citywide average (1966) but in line with the street and neighbourhood, meaning the home likely has original character but may need updates.

This property would suit a buyer who values a larger home in a well-regarded, walkable central neighbourhood and is comfortable with an older house that may require maintenance. It’s less suited for someone seeking a large lot or a move-in-ready modern build. The combination of above-average size and below-average lot size suggests a home with good interior space but modest outdoor room—ideal for those who prioritize square footage over yard.


Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
On Lipton Street, this home’s assessed value is well above average—it’s in the top 6%. In the broader Wolseley neighbourhood, it’s still above average (top 22%), but the gap narrows. Citywide, it’s roughly average, sitting in the top third.

2. Is this a good size for the neighbourhood?
Yes, by street standards it’s large—top 10% on Lipton. But within Wolseley as a whole, it’s about average. The living area is larger than most homes on the same street, but not unusually large for the area.

3. What’s the lot like? Is the yard small?
The lot is 2,847 square feet, which is above average for Lipton Street (top 25%) but below average for Wolseley. Citywide, it’s in the bottom 10%, meaning the yard is small by typical Winnipeg standards. Expect a compact, urban lot rather than a sprawling lawn.

4. How old is the house, and should I expect issues with a 1912 build?
The house was built in 1912, which is typical for the street and neighbourhood. Citywide, it’s older than about 92% of homes. Older homes often have charm and solid construction, but be prepared for potential issues like outdated wiring, plumbing, or insulation. A thorough inspection is advisable.

5. What type of buyer typically goes for a home like this?
Usually buyers who want character, walkability, and a larger interior in a central neighbourhood without paying a premium for a large lot. It might suit someone who appreciates older architecture or wants to be on a quieter street with above-average home sizes. It’s less ideal for families wanting a big backyard or those seeking a low-maintenance newer build.

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