Property score
50.6
Fair
Overall 50.6 · Smaller but newer than most nearby homes
868 sqft (bottom 4%) · Built in 1926 (10 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 2 place of worships nearby
Living Area
Below average
46% smaller than neighborhood avg.
Year Built
Above average
10 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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50.6 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
906 Palmerston Avenue — 12 amenities found within 500 m, across 4 categories, including 3 education (nearest 264 m), 1 shopping (nearest 462 m), 6 parks (nearest 232 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 | Bottom 12% | Bottom 42% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Key Characteristics & Appeal
This is a compact, older home in Winnipeg’s Wolseley neighbourhood, built in 1926. Its living area (868 sqft) is notably smaller than average for its street, the neighbourhood, and the city—ranking in the bottom percentiles for size. The lot (3,575 sqft) is also smaller than typical for the street and citywide, though it is above average within Wolseley itself.
The property’s appeal lies in its assessed value relative to its surroundings. While the home is modest in size, its assessment of $475,000 is significantly above both the neighbourhood average ($371,300) and the citywide average ($390,100). On Palmerston Avenue, it falls around the middle, but in Wolseley it ranks in the top 13% of assessed value. This suggests the location and the property’s character—rather than square footage—are driving its worth.
This home would best suit buyers who prioritize neighbourhood character, walkability, and older construction over interior space. It’s a fit for someone who values a smaller footprint, perhaps a couple, single person, or downsizer, and who is comfortable that the lot and house are compact. It may also appeal to those looking for a property in a well-regarded central Winnipeg neighbourhood where the land itself has good relative value by local standards.
1. Why is the assessed value so much higher than the neighbourhood average when the house is smaller?
The value likely reflects the desirability of the Wolseley area, the age and character of the home, and possibly recent renovations, location on the street, or lot attributes. Assessed value is not solely based on square footage—it factors in broader market conditions for the neighbourhood.
2. How does the lot size compare to others in Wolseley?
At 3,575 sqft, the lot is above the neighbourhood average of 3,434 sqft and ranks in the top 30% for Wolseley. However, it is smaller than the average lot on Palmerston Avenue (5,522 sqft) and well below the citywide average (6,570 sqft).
3. Is the 1926 build date a concern for condition or maintenance?
The property is older than the citywide average (1966) but is typical for Wolseley, where the average build year is 1916. While age can bring maintenance needs, older homes in this area often have solid construction and character features. A home inspection would clarify the specific condition of systems, foundation, and roof.
4. How does this property rank compared to others on Palmerston Avenue?
On the street level, it ranks around the middle for build year and assessed value, but below average for living area and lot size. It is not an outlier on the street, but it is clearly one of the smaller homes in terms of square footage.
5. Who is this property not ideal for?
This may not suit buyers looking for a large family home, generous living or entertaining space, or a large yard. It also may not appeal to those seeking a newer build with lower immediate maintenance concerns. If a buyer prioritizes interior square footage or a large lot above all else, there are likely better options elsewhere.
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