84 Ruby Street – Property Summary

Overview & Suitability

This is a 1911 home in Winnipeg’s Wolseley neighbourhood with 1,332 sq ft of living space on a 3,046 sq ft lot, assessed at $398,000. Its real strength is value within the immediate street and neighbourhood context: the assessed price sits above the Ruby Street average ($372,500) and well above the Wolseley average ($371,300), while the living area is actually slightly below the street average. The land area stands out locally too—top 24% on the street, with a lot slightly larger than neighbouring properties.

What makes this property interesting is the trade-off between square footage and land. At a citywide level, both the living area and lot size are below average, but within Wolseley—an established, older neighbourhood—these numbers are either around or above the norm. The home is also among the older stock in the city (top 93% citywide by year built), but on Ruby Street and in Wolseley, its age is unremarkable; many nearby homes date from the same era.

This property suits buyers who want an older-character home in a walkable, central Winnipeg neighbourhood and who are willing to accept less interior space in exchange for a slightly larger-than-average lot. It may also appeal to someone interested in renovating a home in an area where many neighbours are similar in age and assessed value, offering a relatively stable benchmark for what the market expects.

Five Frequently Asked Questions

1. How does the assessed value compare to similar homes in the area?
The $398,000 assessment is above the Ruby Street average ($372,500) and the Wolseley average ($371,300), ranking in the top 36% on the street and top 30% in the neighbourhood. Citywide, it sits near the middle of the pack (top 39%). The gap between street and city rankings suggests the property holds its value well within its immediate context.

2. Is the living area small for a house this age?
It depends on the comparison. At 1,332 sq ft, the home is smaller than the Ruby Street average (1,686 sq ft) and ranks in the bottom 83% on the street. But the neighbourhood average is 1,622 sq ft, and the citywide average for comparable homes is 1,342 sq ft—so while tight by local standards, it’s not unusually small for the city as a whole.

3. What does “top 24% for land area on the street” actually mean?
Only 28 out of 115 comparable homes on Ruby Street have a larger lot than this property’s 3,046 sq ft. That puts it in the upper quarter of the street. In Wolseley, the average lot is larger (3,434 sq ft), so this advantage is less pronounced at the neighbourhood level. Citywide, 3,046 sq ft is small—87% of homes have more land.

4. Is the year built a concern?
The home was built in 1911, which is older than the street and neighbourhood averages (both 1916) and significantly older than the citywide average (1966). Within Wolseley, this is typical—many homes are of a similar vintage. Buyers should expect the usual considerations for a century-old home: possible knob-and-tube wiring, older plumbing, foundation settling, and less insulation. It’s not unusual for the area, but a thorough inspection is wise.

5. How should I weigh the street-level rankings versus the citywide ones?
Street and neighbourhood rankings tell you how the property fits among its immediate peers. Here, the home stands out for assessed value and lot size on Ruby Street, but living area and age are closer to the street average. Citywide rankings are broader but less useful in older neighbourhoods like Wolseley, where many homes are similar in age. A buyer should focus more on the street and neighbourhood data—especially if they plan to stay in the area—since those comparables are more relevant for resale value and daily livability. The citywide numbers mainly matter if you’re comparing this property to newer subdivisions or outlying areas.