747 Westminster Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,409-square-foot home built in 1909, located in Winnipeg’s Wolseley neighbourhood, on a 4,262-square-foot lot. Its assessed value is $379,000.

The property’s main appeal is its land. At street level, the lot is slightly above average; in the wider Wolseley area, it ranks in the top 12% for size. That suggests a larger yard than many nearby homes offer, which is a practical advantage for gardening, outdoor storage, or future expansion.

The house itself is on the smaller side for the street and neighbourhood—about 20% below the street average. The 1909 build date puts it among the older homes in the city (top 95% citywide by age). This will matter to buyers who appreciate character, original details, and mature neighbourhoods, but it also implies ongoing maintenance and possibly outdated systems.

The assessed value sits close to the street and neighbourhood averages, which may indicate the market has already priced in the smaller living area relative to the land.

This property would suit: A buyer who prioritizes lot size over finished square footage, is comfortable with an older home’s upkeep, and values Wolseley’s established, walkable character. It may appeal less to someone seeking a move-in-ready, low-maintenance property or a large modern interior.

Frequently Asked Questions

1. How does the living area compare to other homes in the area?
The home is smaller than typical for Westminster Avenue (top 79% of 34 homes) and the Wolseley neighbourhood (top 62%). Citywide, it’s slightly above average (top 35%), but those comparisons include many newer, larger suburban homes. For this street and neighborhood, expect less interior space than the norm.

2. Is the assessed value fair given the property’s age and size?
The $379,000 assessment is roughly average for the street and above the Wolseley neighbourhood median ($371,300). It’s below the citywide average for comparable homes ($390,100). This balance suggests the land contributes significantly to the value, offsetting the smaller, older house.

3. What should I know about a home built in 1909?
It’s older than 95% of homes in Winnipeg. While character features are common, systems (plumbing, electrical, insulation) may be original or outdated. Foundation and roof condition are worth careful inspection. Historical designation is not noted here, but it’s worth confirming with the city.

4. How usable is the 4,262 sqft lot?
The lot is above average for Wolseley (top 12%) and slightly larger than the street average (3,824 sqft). For central Winnipeg, this is a generous urban lot size, offering room for a garden, shed, or possible expansion—subject to zoning and permits.

5. Who typically buys homes like this in Wolseley?
Often, buyers are people who value older character, walkability, and a mature treed neighbourhood over a modern open-plan layout. Some plan renovations or additions. Others are first-time buyers drawn by the land value and the area’s community feel, but comfortable with the trade-offs of an older home.