82 Lenore Street – Property Summary

Key Characteristics & Buyer Profile

This 1912 home in Wolseley offers 1,962 square feet of living space on a 3,047-square-foot lot. Its assessed value is $397,000.

The property's strongest feature is its living area. It ranks in the top 12% citywide for size, and is notably above average even for Wolseley, a neighbourhood known for larger older homes. The lot, while compact by city standards (top 87%), is actually slightly above average for Lenore Street itself—meaning the house fits its street well without feeling oversized for the block.

The assessed value sits close to the neighbourhood average, which suggests the home isn't priced for its size premium alone. Buyers here are essentially getting more interior space than most Wolseley properties offer, without paying a corresponding premium. The trade-off is an older home (1912) that, while typical for the area, is much older than the citywide average—so maintenance history and system updates will matter more than they would for a newer build elsewhere.

This property suits: Buyers who prioritize interior square footage and character neighbourhood location over a large yard or a newer structure. It would appeal particularly to someone who wants a comfortably sized home in an established, walkable area without stretching into the price range of fully renovated properties.

Frequently Asked Questions

1. How does this home compare to others on Lenore Street specifically?
   It ranks in the top 20% for living area and top 21% for land area, meaning it's one of the larger homes on the block in both dimensions. Its assessed value is around average for the street, and at 1912, it's slightly older than the street average of 1917.

2. Is a 3,047-square-foot lot considered small for Wolseley?
   It's right at the neighbourhood median. Half the homes in Wolseley have larger lots, half have smaller ones. By citywide standards it's compact, but for the area it's perfectly typical.

3. Why is the assessed value only around average when the house is so much bigger than most?
   Assessed values in older neighbourhoods like Wolseley are heavily influenced by condition, updates, and finish quality—not just square footage. A 1912 home with original features may appraise differently than one that's been fully modernized, even at the same size. The data suggests this property isn't commanding a size premium in its current condition.

4. What does "ranked top 92% citywide for year built" actually mean?
   It means this home is older than 92% of comparable properties across Winnipeg. Only about 8% of homes citywide are older. This is fairly standard for Wolseley, where pre-1920 homes are common, but it's worth noting for financing or insurance considerations.

5. Should I be concerned about the lot being in the bottom 13% citywide?
   Only if you're expecting a large yard. Within Wolseley, the lot is unremarkable—right at the median. The citywide ranking mostly reflects that newer suburban developments have much larger lots. For urban neighbourhood living, this is a normal size.