Property score
54.2
Fair
Overall 54.2 · Smaller but newer than most nearby homes
906 sqft (bottom 6%) · Built in 1922 (6 yrs newer than avg)
Located in a high-income area with median household income of ~95k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 3 schools, 1 shop, 6 parks, and 3 place of worships nearby
Living Area
Below average
44% smaller than neighborhood avg.
Year Built
Above average
6 yrs newer than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years Wolseley sales snapshot (~80% of all data)
820
382.5k
$285/sqft
1916
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54.2 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: #46110654
$95K
Median household income
$101K
Average household income
7%
Low income (LIM-AT)
0.4
Income inequality (Gini)
3.4
P90 / P10 ratio
20%
Single-person households
22%
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
902 Palmerston Avenue — 13 amenities found within 500 m, across 4 categories, including 3 education (nearest 271 m), 1 shopping (nearest 459 m), 6 parks (nearest 222 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 41% | Top 5% | Top 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1922 home in Winnipeg’s Wolseley neighbourhood with 906 square feet of living space on a 3,575-square-foot lot. Its assessed value is $567,000.
The property’s most notable feature is its assessed value relative to the neighbourhood. While the home itself is smaller than average both on its street and citywide, its assessed value ranks in the top 6% within Wolseley and the top 11% citywide. This suggests the land or location is carrying significant weight, not the structure itself. The house is older than most citywide (top 86%), but actually newer than the average home in Wolseley (which tends to be pre-1916). The lot is generous by neighbourhood standards (top 30%) but modest compared to citywide averages.
The appeal here is land and location value in an established, character-rich area, not interior space or a large footprint. This would suit buyers who prioritize a walkable historic neighbourhood and are willing to trade square footage for a strong asset that may appreciate differently from a typical suburban home. It’s less ideal for someone needing a large layout or a move-in-ready modern interior without further investment.
1. Why is the assessed value so high when the house is small?
Assessed value in older Winnipeg neighbourhoods like Wolseley often reflects land value more than the building itself. This property’s lot is above average for the area, and the location itself commands a premium. The rankings show the home is one of the more valuable properties in the neighbourhood despite its modest size.
2. How does this home compare to others on Palmerston Avenue?
On its own street, it’s average in assessed value (ranked 39 out of 77) but below average in living area (68th) and land area (59th). So while it’s not the smallest lot on the street, it’s smaller than most—and its value is essentially mid-pack, meaning the street has a mix of pricier and more modest homes.
3. Is this a good candidate for renovation or expansion?
The lot size is decent by Wolseley standards but not oversized. A 3,575-sqft lot limits major expansions compared to larger suburban lots, but it’s feasible for thoughtful additions or kitchen/bathroom upgrades. The 1922 build may have character features worth preserving, so renovations should consider heritage constraints in the area.
4. How does the home’s age affect insurance or maintenance?
A 1922 home is over 100 years old. Citywide, it’s older than 86% of properties. Expect older wiring, plumbing, and possibly knob-and-tube or lead pipes that need addressing. Insurers may charge higher premiums or require updates. Wolseley has many homes this age, so local trades are familiar with the era’s construction.
5. What’s the neighbourhood like for resale value?
Wolseley consistently ranks as a desirable inner-city area with strong demand. The fact that this home’s assessed value is in the top 6% of the neighbourhood suggests the location is a key driver. Resale value will likely hold well, especially if the home is maintained or improved, but the small living area may limit the pool of buyers compared to larger homes in the same area.
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