56 Evanson Street – Property Summary

Key Characteristics & Buyer Profile

This is a 1909-built home with 1,232 square feet of living space on a 2,495 square foot lot, located in the Wolseley neighbourhood of Winnipeg. Its assessed value is $333,000.

The property sits slightly below the average living area for both its street (1,466 sqft) and its neighbourhood (1,622 sqft), though it is close to the citywide average of 1,342 sqft. The lot size is on par with others on Evanson Street, but well below the Wolseley average (3,434 sqft) and the city average (6,570 sqft). This suggests the house itself is modestly sized, and the yard is compact—a common trade-off in older, established neighbourhoods.

Where the property stands out is its value relative to tax assessment. At $333,000, it is close to the street average and below both the neighbourhood and city averages. For a buyer, this may mean lower property taxes compared to many other homes in Wolseley or Winnipeg as a whole. The construction year (1909) is older than the street and neighbourhood averages, placing it firmly in the “character home” category—something that appeals to those who want mature architecture and established surroundings, but also brings older-home considerations like maintenance and systems updates.

This property suits a buyer looking for an affordable entry into Wolseley, a central neighbourhood with walkability and character. It’s less suited to someone seeking a large lot, modern construction, or a home that already matches the neighbourhood’s average size. The appeal lies in the price point and location more than the footprint or land.

Frequently Asked Questions

1. How does this property compare to other homes on Evanson Street?
It is smaller than average in living area (79th percentile) but average in assessed value and lot size. It’s older than most homes on the street—1909 versus an average of 1913. So while it’s not the most updated or spacious, it’s not an outlier in terms of cost or lot.

2. Is the assessed value of $333,000 likely to increase soon?
The assessment is close to the street average and below the neighbourhood and city averages. That may reflect a home that hasn’t been recently renovated or expanded, rather than undervaluation. Increases would likely depend on updates or market shifts in Wolseley, not on being “behind” comparable homes.

3. What should a buyer know about a home built in 1909?
Older homes often have solid construction but may need updated electrical, plumbing, insulation, and windows. The foundation and roof should be inspected carefully. That said, 1909 is not unusually old for Wolseley—many homes in the area date to the early 1900s, so there’s a local trades base familiar with them.

4. How does the small lot size affect usability or resale?
At 2,495 sqft, the lot is compact. This limits expansion potential, garage space, or large gardens. For resale, it may appeal to buyers who want lower maintenance outdoor space, but could be a drawback for families wanting room to grow. It’s worth noting that many Wolseley lots are subdivided or narrow, so this is not a major departure from the area.

5. Who is this home not ideal for?
It’s not ideal for those wanting a move-in-ready modern home, a large yard, or a property with significant room to expand. It also may not suit buyers who are uncomfortable with older-home maintenance or who prefer newer construction with lower ongoing upkeep.