824 Preston Avenue

Wolseley, Winnipeg

Property score

70.1

Good

Overall 70.1 · Larger but older than most nearby homes

2,676 sqft (top 3%) · Built in 1906 (10 yrs older than avg)

Located in a average-income area with median household income of ~61.2k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 11 dining spots, 4 healthcare facilitys, 6 shops, and 3 parks nearby

Living Area

Above average

65% larger than neighborhood avg.

Taon ng Paggawa

Below average

10 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

70.1 is composed by the two sections below.

Property Score

73.5Good
Living Area2,676 sqft98Excellent
Taon ng Paggawa190610Low
Lupa5,417 sqft67Good
Neighbourhood Sales Activity53Fair

Community Score

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

Istatistika ng benta ng komunidad

Wolseley

How to read: Share of sales in each ~$50k price band for “wolseley” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

Elite
2,676 sqft
0255075100
Same streetBottom 33%Same areaTop 3%CitywideTop 2%
Same street · Preston Avenue
#4 / 6
Bottom 33% · Avg 2,438 sqft
Same area · Wolseley
#63 / 2,349
Top 3% · Avg 1,622 sqft
Citywide · Winnipeg
#3,763 / 194,458
Top 2% · Avg 1,342 sqft

Assessed Value

lampas sa average
456k
0255075100
Same streetTop 33%Same areaTop 16%CitywideTop 27%
Same street · Preston Avenue
#2 / 6
Top 33% · Avg 384k
Same area · Wolseley
#377 / 2,349
Top 16% · Avg 371.3k
Citywide · Winnipeg
#53,173 / 194,458
Top 27% · Avg 390.1k

Taon ng Paggawa

karaniwan
1906
0255075100
Same streetBottom 33%Same areaBottom 5%CitywideBottom 2%

Lupa

lampas sa average
5,417 sqft
0255075100
Same streetBottom 33%Same areaTop 6%CitywideTop 45%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

824 Preston Avenue — 37 amenities found within 500 m, across 8 categories, including 11 dining (nearest 233 m), 4 healthcare (nearest 261 m), 6 shopping (nearest 262 m).

Search radius
🍽️Dining11
🏥Healthcare4
🛒Shopping6
🌳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%

Kasaysayan ng Benta

824 Preston Avenue: Wala kaming ipinapakitang kasaysayan ng bentahan batay lamang sa pampublikong datos; hindi ibig sabihin na walang bentahan noon. Puwede pa ring humiling sa email sa seksyong “Data notes” sa ibaba—hahanapin namin nang manu-mano at sasagutin nang may pinakamakatotohanang impormasyon.

Related homes

Mga tampok at karaniwang tanong: 824 Preston Avenue, Winnipeg

Property Overview & Key Characteristics

This 1906 two-and-a-half storey home in Winnipeg's Wolseley neighbourhood presents a compelling blend of historic charm and modern practicality. Its primary appeal lies in its generous proportions and established location. With 2,676 sqft of living space on a large 5,417 sqft lot, it offers significant room to grow, ranking in the top tier for size both on its street and within the wider city. A key modern update is the renovated basement, adding functional living space.

The home’s assessed value is notably lower than many in the area, which may indicate different factors a savvy buyer will want to explore. It would suit a buyer looking for a character home with ample space, who is prepared for the realities of a 120-year-old structure. The appeal is for those who value lot size and interior square footage in a sought-after neighbourhood, possibly seeing potential where others see just age. It's less suited for someone seeking a turn-key new build or who prioritizes a private garage.


Frequently Asked Questions

1. Why is the assessed value relatively low compared to nearby homes?
While the home ranks highly for size, its assessed value is lower than many comparable Wolseley properties. This can be common for older homes where the land value constitutes a large portion of the assessment, or where major systems may require updating. It’s a key point for due diligence.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, which is a significant advantage for added living space or storage. Buyers should investigate the scope, quality, and permits of this renovation, and consider moisture control and ceiling height, which are common considerations in century-old homes.

3. How does the lack of a garage affect daily life in Wolseley?
The property has no garage. In a mature neighbourhood like Wolseley, this is common. Buyers should consider on-street parking permits, the availability of rear lane access for a potential future shed or parking pad, and their personal tolerance for street parking year-round.

4. The home is 120 years old. What should I budget for beyond the purchase price?
While the renovated basement is a plus, a home from 1906 will have aging core components. Prudent buyers should budget for potential updates to wiring, plumbing, insulation, and the roof. A thorough inspection is essential to understand the condition behind the historic charm.

5. The lot is large, but what is the potential for expansion or addition?
The 5,417 sqft lot is a major asset. Buyers interested in future expansion, adding a garage, or creating extensive outdoor space should investigate the City of Winnipeg’s zoning bylaws, heritage designations (if any), and setback requirements to understand what is possible.

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