Here is the summary of the property at 77 Home Street, presented in two sections.

Key Characteristics & Buyer Profile

This is a standout property in Winnipeg’s Wolseley neighborhood, defined by a rare combination of generous living space and a large lot. The home offers 1,968 square feet of living area, which places it in the top 16% on its street and top 12% city-wide—a significant advantage over the typical home, especially considering the neighborhood average is 1,622 square feet.

The biggest draw is the land. At 3,900 square feet, the lot is in the top 4% on Home Street and top 19% in Wolseley, where the average lot is noticeably smaller at 3,434 square feet. In a mature, established area like this, a larger lot is a genuine asset, offering space for gardens, expansions, or simply more privacy than neighbors.

The assessed value of $590,000 reflects this scarcity. It ranks in the top 1% on the street and top 5% in the neighborhood, far exceeding the local average of $371,300. Built in 1911, the home is typical of Wolseley’s older character stock. While the city-wide average is much newer (1966), the age is consistent with the area’s charm and means the home likely has the solid bones and details expected of a well-maintained early 20th-century house.

This property suits a buyer who values space over turnkey modernity. It’s ideal for someone who wants a larger home and yard in a sought-after central neighborhood, and who is willing to take on the maintenance or selective updating that comes with an older character home. It’s less suited for someone seeking a low-maintenance, newer build or a typical city lot.

Five Possible FAQs

1. How does this home’s size compare to other houses in Wolseley?
Significantly larger. At 1,968 square feet, it’s about 21% larger than the Wolseley average of 1,622 square feet. This is a standout feature in a neighborhood where larger homes are less common.

2. The assessed value is $590,000—why is it so much higher than the neighborhood average?
The value is driven primarily by the lot size (top 4% on the street) and the total living area. While the average assessed value in Wolseley is $371,300, this property’s combination of a premium lot and a spacious home places it in the top 5% of the area, which explains the elevated figure.

3. Is a 1911 home a risky purchase?
Not necessarily, but it requires a specific mindset. The home is typical for the area—many Wolseley properties are from this era. The risk is lower if the home has been updated (plumbing, electrical, roof, foundation) and higher if it hasn’t. You should budget for older-home realities like less insulation, potential for knob-and-tube wiring, and eventual system replacements.

4. How does the lot size really affect daily life here?
A 3,900 sqft lot is noticeably more spacious than the typical Wolseley lot (3,434 sqft). While it’s much smaller than the city-wide average (6,570 sqft), in this dense, walkable neighborhood, the extra yard space means room for a proper garden, a patio set, or side-yard storage that many nearby homes lack.

5. Where is this home relative to the worst parts of the city for property rankings?
The data shows this home ranks in the bottom 76% city-wide for land area, meaning most Winnipeg homes sit on larger plots, especially in newer suburbs. It also ranks in the bottom 93% for year built, as the vast majority of the city’s homes are newer. These aren’t flaws—they reflect the trade-off between a central, established location and the larger (but newer) lots found further out.