804 Preston Avenue

Wolseley, Winnipeg

70.8

Good

Overall 70.8

Larger but older than most nearby homes

2,768 sqft (top 2%)

Built in 1909 (7 yrs older than avg)

Located in a average-income area

with median household income of ~61.2k

Transit 92.0

5-min walk to transit with 6 nearby routes

Within 500m: 10 dining spots, 1 school, 4 healthcare facilitys, and 7 shops nearby

Living Area

Above average

71% larger than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 84%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

70.8 is composed by the two sections below.

Property Score

74.6Good
Living Area2,768 sqft98Excellent
Year Built190910Low
Lot Size5,797 sqft74Good
Neighbourhood Sales Activity53Fair

Community Score

65.0Good
Household Income64Fair
Education Level91Excellent
Housing Stress30Low
Core Housing Need50Fair
Employment Health68Good

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: #46110647

Community deep dive

$61K

Median household income

$74K

Average household income

18%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.5

P90 / P10 ratio

46%

Single-person households

16%

Families with children

Population, labour & age

Population (2021)450
Labour force participation rate63%
Median age36.0
Avg household size2.1
Unemployment rate7%
Population density7500 / km²

Households & income

Low income (LIM-AT, % pop.)18%
Single-person households46%
Couple families with children16%
Median household income (2020)$61K

Housing

Renter households52%
Condominium dwellings20%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority9%
Bachelor's or higher (25–64)52%
Mother tongue (1st)English · 84%
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

Elite
2,768 sqft
0255075100
Same streetTop 50%Same areaTop 2%CitywideTop 2%
Same street · Preston Avenue
#3 / 6
Top 50% · Avg 2,438 sqft
Same area · Wolseley
#45 / 2,349
Top 2% · Avg 1,622 sqft
Citywide · Winnipeg
#3,083 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

above average
535k
0255075100
Same streetTop 17%Same areaTop 8%CitywideTop 15%
Same street · Preston Avenue
#1 / 6
Top 17% · Avg 384k
Same area · Wolseley
#187 / 2,349
Top 8% · Avg 371.3k
Citywide · Winnipeg
#28,435 / 194,458
Top 15% · Avg 390.1k

Year Built

around average
1909
0255075100
Same streetTop 50%Same areaBottom 21%CitywideBottom 5%

Lot Size

Elite
5,797 sqft
0255075100
Same streetTop 50%Same areaTop 5%CitywideTop 37%

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

804 Preston Avenue — 38 amenities found within 500 m, across 9 categories, including 10 dining (nearest 232 m), 1 education (nearest 475 m), 4 healthcare (nearest 292 m).

Search radius
🍽️Dining10
🏫Education1
🏥Healthcare4
🛒Shopping7
🌳Parks3
💪Sports2
🏦Finance1
Fuel Stations1
Worship9

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 7/2021CA$550k–600k
Sold price

Same street

Bottom 1%

Same area

Top 3%

City-wide

Top 9%

Related homes

Highlights & common questions: 804 Preston Avenue, Winnipeg

804 Preston Avenue — Property Overview

Key Characteristics & Buyer Profile

This is a 1909 home with 2,768 square feet of living space on a 5,797-square-foot lot in Wolseley. What stands out most is the lot size: within Wolseley, it ranks in the top 5%, offering significantly more land than the neighbourhood average of 3,434 square feet. The living area also performs exceptionally well at the neighbourhood and city levels—both in the top 2%—though it’s merely average compared to other homes on Preston Avenue itself, which tend to be larger. The assessed value of $535,000 is the highest on the street and sits comfortably above the Wolseley average of $371,300. The year built is older than most homes citywide (top 95%), which is typical for the area but worth noting for anyone concerned about maintenance.

The appeal here is a mix of interior space and outdoor room in a mature, established neighbourhood. The lot gives you flexibility—garden space, room for additions, or simply privacy that’s uncommon in Wolseley. The house itself is large, but its age means it may not suit buyers looking for a turnkey modern layout. It would likely suit someone who values character, wants a property with expansion potential, and is willing to invest in updates. Families who need square footage and a decent yard in a central Winnipeg neighbourhood could find it a good fit. Investors or renovators might also see potential, given the lot size and location.


Five Possible FAQs

1. How does the lot size compare to other homes in Wolseley?
It’s in the top 5% for the neighbourhood. At 5,797 square feet, it’s significantly larger than the Wolseley average of 3,434 square feet. On Preston Avenue itself, it’s about average for the street.

2. Is the assessed value of $535,000 a realistic market price?
Assessed value isn’t the same as market value. It ranks #1 on the street and in the top 8% for Wolseley, which suggests it’s one of the higher-valued properties in the area. But assessments can lag behind market conditions, so you’d want a realtor’s comparable market analysis for a current price estimate.

3. What should I know about the year built (1909)?
It’s older than 95% of homes citywide, which is common for Wolseley. That means you should expect some quirks: possible knob-and-tube wiring, lead pipes, or settling. On the upside, older homes in this area often have solid construction and good bones. A home inspection is strongly recommended—especially for foundation, roof, and mechanicals.

4. How does this property compare to newer homes in Winnipeg?
Newer homes tend to have smaller lots and less square footage within the same price range. Citywide, the average living area for comparable homes is 1,342 square feet—so this property offers more than double that. The trade-off is that you’re buying something built over a century ago, which may need more ongoing maintenance than a newer build.

5. What’s the neighbourhood like for families?
Wolseley is well-established, walkable, and close to schools, parks, and the Assiniboine River. The lot size here gives you outdoor space that many homes in the area lack. That said, the house itself is large and older—so it may appeal more to families who are comfortable with renovation projects or who prioritize space over modern finishes.

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