Property score
67.4
Good
Overall 67.4 · Smaller but newer than most nearby homes
1,248 sqft (bottom 27%) · Built in 1942 (26 yrs newer than avg)
Located in a high-income area with median household income of ~93k
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
Below average
23% smaller than neighborhood avg.
Year Built
Above average
26 yrs newer than neighborhood avg.
Mother tongue
English · 83%French · 2%
Past 10 years Wolseley sales snapshot (~80% of all data)
820
382.5k
$285/sqft
1916
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67.4 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110651
$93K
Median household income
$104K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
26%
Single-person households
35%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
78 Lipton Street — 10 amenities found within 500 m, across 5 categories, including 2 dining (nearest 247 m), 1 education (nearest 227 m), 1 shopping (nearest 379 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 11% | Top 39% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1942-built home in Wolseley with 1,248 sq. ft. of living space on a 3,114 sq. ft. lot. Its assessed value sits at $402,000.
The appeal here is a combination of street-level value and character. On Lipton Street, the home ranks in the top 7% for assessed value and top 11% for age—meaning it’s one of the older, more valuable homes on the block. The lot is also generous relative to the street (top 15%). However, at the neighbourhood and city levels, the picture shifts. The living area is below average for Wolseley, and the lot is smaller than typical citywide (86th percentile means most Winnipeg lots are larger). The year built, while a selling point for those who appreciate pre-war construction, is considered old by city standards.
Who it suits: Buyers who want a well-valued home on a strong street within a desirable neighbourhood, and who prioritise older character over modern square footage. It’s less suited for someone seeking a large lot or a house that blends in with newer, larger homes elsewhere in the city. This property appeals to those who know Wolseley’s premium is about location and streetscape, not raw space.
1. How does the living area compare to other homes on the street?
It’s around average—1,248 sq. ft. ranks in the top 34% of homes on Lipton Street. The street average is 1,163 sq. ft., so this home is slightly above that benchmark.
2. Is the assessed value high for the area?
Yes, particularly on the street itself. The $402,000 valuation is in the top 7% of Lipton Street homes, well above the street average of $250,200. It’s also above the Wolseley neighbourhood average of $371,300, but closer to the citywide comparable average of $390,100.
3. Why is the lot size considered a strong point on the street but weak citywide?
Lipton Street lots average 2,677 sq. ft., and this home’s 3,114 sq. ft. lot is larger than most on the block (top 15%). But Winnipeg has many newer subdivisions with much bigger lots—the city average is 6,570 sq. ft.—so by that measure, it’s small. It’s a classic older neighbourhood trade-off.
4. What does “year built” mean for maintenance or character?
Built in 1942, this home is one of the older ones on Lipton Street (top 11%) and in Wolseley (top 5%). That often means solid construction, mature trees, and period details, but also potential for older systems (plumbing, electrical, insulation) that could need updating. Buyers should factor that into their inspection and budget.
5. How does this property rank in Wolseley compared to the rest of the city?
It holds its own. In Wolseley, it’s above average for assessed value and lot size (top 29% and 46%, respectively), and elite for age. Citywide, it’s around average for living area and value, but below average for lot size and age. The real strength is the street-level positioning—it’s a standout on Lipton Street.
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