79 Lipton Street

Wolseley, Winnipeg

67.4

Good

Overall 67.4

Smaller but newer than most nearby homes

1,248 sqft (bottom 27%)

Built in 1944 (28 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

28 yrs newer than neighborhood avg.

Mother tongue

English · 83%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

67.4 is composed by the two sections below.

Property Score

52.8Fair
Living Area1,248 sqft66Good
Year Built194424Low
Lot Size3,148 sqft38Low
Neighbourhood Sales Activity53Fair

Community Score

89.3Excellent
Household Income82Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110651

Community deep dive

$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

Population, labour & age

Population (2021)411
Labour force participation rate77%
Median age36.4
Avg household size2.5
Unemployment rate8%
Population density6850 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children35%
Median household income (2020)$93K

Housing

Renter households34%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority5%
Bachelor's or higher (25–64)62%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,248 sqft
0255075100
Same streetTop 34%Same areaBottom 27%CitywideTop 46%
Same street · Lipton Street
#210 / 616
Top 34% · Avg 1,163 sqft
Same area · Wolseley
#1,712 / 2,349
Bottom 27% · Avg 1,622 sqft
Citywide · Winnipeg
#89,012 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

above average
381k
0255075100
Same streetTop 9%Same areaTop 36%CitywideTop 44%
Same street · Lipton Street
#54 / 616
Top 9% · Avg 250.2k
Same area · Wolseley
#838 / 2,349
Top 36% · Avg 371.3k
Citywide · Winnipeg
#84,777 / 194,458
Top 44% · Avg 390.1k

Year Built

Elite
1944
0255075100
Same streetTop 10%Same areaTop 4%CitywideBottom 21%

Lot Size

above average
3,148 sqft
0255075100
Same streetTop 13%Same areaTop 45%CitywideBottom 14%

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

79 Lipton Street — 11 amenities found within 500 m, across 6 categories, including 2 dining (nearest 208 m), 1 education (nearest 220 m), 1 shopping (nearest 328 m).

Search radius
🍽️Dining2
🏫Education1
🛒Shopping1
🌳Parks5
💪Sports1
Worship1

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 1/2022CA$400k–450k
Sold price

Same street

Top 9%

Same area

Top 26%

City-wide

Top 33%

Related homes

Highlights & common questions: 79 Lipton Street, Winnipeg

79 Lipton Street – Property Summary

Key Characteristics & Buyer Profile

This 1,248 sqft home, built in 1944, sits on a 3,148 sqft lot in Winnipeg’s Wolseley neighbourhood. Its strongest feature is its assessed value relative to the immediate street: at $381,000, it ranks in the top 9% of homes on Lipton Street, where the average assessment is $250,200. This suggests the property has been well-maintained or improved compared to its direct neighbours. The year built also stands out locally—third-oldest among 616 homes on the street—and is among the older homes in the neighbourhood as a whole, where most date from around 1916.

The living area is close to typical for the street but modest by Wolseley and city standards. The lot is generous for Lipton Street but smaller than average citywide. The home’s appeal lies in its combination of relative value on the street (high assessment suggests quality) and its established character, rather than any standout size or land. It would suit a buyer who values a well-kept older home in a stable, central neighbourhood, and who prefers a property that already commands a premium locally over one needing significant work. It may be less suited to someone prioritizing maximum square footage or a large yard.


Frequently Asked Questions

1. How does this property’s assessed value compare to similar homes nearby?
On Lipton Street, it’s well above average—top 9%—reflecting a higher-than-typical valuation. Within the broader Wolseley neighbourhood, it sits near the middle, and citywide it’s also around average. The local street-level comparison is the most notable.

2. Is the living area considered small for the area?
It’s slightly above average for Lipton Street but below the Wolseley neighbourhood average (1,622 sqft) and slightly below the citywide comparable average (1,342 sqft). So it’s modest by wider standards, but typical for its immediate street.

3. Why is the year built highlighted as a strength?
The home was built in 1944, which makes it newer than most on Lipton Street (average 1919) and much newer than the Wolseley neighbourhood average of 1916. It’s considered “elite” within the neighbourhood for its era. Citywide, however, it’s older than average (1966), so the age is a local advantage, not a universal one.

4. How does the land size compare?
The 3,148 sqft lot is above average for Lipton Street but typical for Wolseley. Citywide, it’s on the smaller side, as many Winnipeg lots are significantly larger. If you’re looking for a spacious yard, this property is more about efficient use of space than expansive land.

5. What type of buyer would this home not suit?
It may not suit someone seeking a large lot, a newer or more spacious interior, or a property with lower relative assessment (which could imply a different value proposition). It also may not fit buyers looking for a fixer-upper with upside, since the assessed value already reflects strong standing on the street.

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