71.7
Good
Property score
71.7
Good
Overall 71.7
Newer than most nearby homes
1,640 sqft (top 46%)
Built in 1914 (2 yrs older 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: 4 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
1% larger than neighborhood avg.
Year Built
Above average
2 yrs older than neighborhood avg.
Mother tongue
English · 83%French · 2%
Past 10 years Wolseley sales snapshot (~80% of all data)
820
382.5k
$285/sqft
1916
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71.7 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110651
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
85 Lipton Street — 14 amenities found within 500 m, across 7 categories, including 4 dining (nearest 184 m), 1 education (nearest 243 m), 1 healthcare (nearest 481 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 3% | Top 11% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1914-built home in Winnipeg’s Wolseley neighbourhood, with 1,640 sq ft of living space on a 2,561 sq ft lot. Its assessed value is $466k.
What stands out most is the value relative to its street. The home ranks in the top 2% for assessed value on Lipton Street, where the average is $250k. That’s not a misprint—this property is nearly double the typical street-level assessment, which suggests it’s either been substantially updated or is an unusually large or well-finished home for its immediate block. The living area also ranks well above the street average (top 13%), reinforcing that this is a standout property on its own street.
At the neighbourhood and city levels, the picture is more balanced. In Wolseley, the assessed value is top 15%, and living area is around average (top 46%). The lot is smaller than typical for the neighbourhood (bottom 23%), and the home is older than the citywide average (built 1914 vs. 1966 city average). The assessed value is solid but not exceptional citywide (top 26%).
This property would suit a buyer who values character and a well-maintained older home in a desirable, walkable neighbourhood like Wolseley, and who is less concerned about having a large lot. It’s a good fit for someone seeking above-average living space and a higher-end finish relative to the immediate street, without paying a premium for a big yard. It may be less suitable for buyers wanting a newer home or a lot suitable for expansion.
1. How does this home compare to others on Lipton Street specifically?
On its own street, it’s in a class of its own for assessed value (top 2%), and it has more living space than most (top 13%). The lot size is around average, and the year built is slightly newer than the street average. If you want to be the top-value home on your block, this is it.
2. Is a $466k assessed value high for Wolseley?
It's above average. The neighbourhood average for comparable homes is $371k, so this is about 25% higher. That’s a meaningful gap, but not extreme—there are many homes in the $400k+ range in this area. It suggests the home is well above the median for the neighbourhood.
3. The lot is only 2,561 sq ft. Is that a problem?
It depends on your needs. That lot size is smaller than typical for Wolseley (neighbourhood average is 3,434 sq ft) and very small by city standards (citywide average is 6,570 sq ft). If you want a big yard, a garden, or room to build an addition, this may not be the right property. If you want a manageable yard with low maintenance, it could be a plus.
4. The home was built in 1914. What should I expect?
It's older than the city average by about 50 years, but on Lipton Street and in Wolseley, that’s actually a bit newer than the typical home (street and neighbourhood averages are 1919 and 1916, respectively). Older homes often have solid construction, high ceilings, and character details, but they may also require updates to wiring, plumbing, insulation, and windows. A thorough inspection is essential.
5. How does the living space compare citywide?
The 1,640 sq ft is above average for Winnipeg (city average is 1,342 sq ft), ranking in the top 23%. For a 1914 home, that’s generous. It’s not a massive house, but it’s spacious for a character home in an older neighbourhood.
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