944 Palmerston Avenue – Property Overview

Key Characteristics & Buyer Profile

This is a 1939-built home on a generous 8,645 sqft lot in Winnipeg’s Wolseley neighbourhood. The living area is 2,539 sqft. Where this property really stands out is in its combination of size and value relative to its surroundings. On the street itself, it ranks in the top 14% for living area and top 10% for assessed value—meaning it’s both larger and worth more than most of its immediate neighbours. But the gap widens significantly at the neighbourhood and city levels. In Wolseley, it sits in the top 1% for assessed value and top 2% for lot size. Citywide, it ranks in the top 3% for living area and top 2% for assessed value.

The lot is worth noting: at nearly double the average for Wolseley (3,434 sqft), it offers rare outdoor space in a neighbourhood known for tighter lots. The age of the home (1939) is older than the citywide average (1966), but on Palmerston Avenue and in Wolseley, it’s actually newer than many nearby homes—so it sits comfortably within the character of the area rather than feeling out of step.

The appeal here is less about flash and more about substance. You get a large home on a large lot in a sought-after central neighbourhood, with assessed value that reflects real demand. It’s not a flip or a showpiece—it’s a solid, well-positioned property that competes strongly on size and land.

Who it suits: Buyers who want space—both inside and outside—without leaving the core. Families who need room to grow, or anyone who values a deep lot in Wolseley for gardens, workshops, or future expansion. Also suits buyers who pay attention to comparative value: this home outranks the vast majority of properties in the city on both size and assessed worth, which suggests it holds its ground well in the market.

Frequently Asked Questions

1. How does the lot size compare to other homes in Wolseley?
The lot is 8,645 sqft, which is more than double the Wolseley average of 3,434 sqft. It ranks in the top 2% of the neighbourhood—so well above the typical lot in the area.

2. Is the assessed value of $841k reasonable for this area?
The assessment places it in the top 1% of Wolseley homes, where the average assessed value is $371,300. That’s a significant gap, but it reflects the property’s larger size and lot, and its street-level ranking (top 10%) shows it’s consistent with other top-tier homes on Palmerston Avenue.

3. Is the 1939 build date a concern?
It’s older than the citywide average (1966), but on Palmerston Avenue it ranks in the top 21% for newer construction—meaning many nearby homes are even older. In Wolseley, it’s in the top 6%. So while it’s not new, it’s well within the typical age range for the neighbourhood, which has a lot of pre-war housing stock.

4. How does this property perform compared to homes across all of Winnipeg?
Citywide, it ranks in the top 3% for living area, top 2% for assessed value, and top 9% for lot size. It’s a strong performer across the board, especially for living space and value.

5. What should I know about the neighbourhood before viewing?
Wolseley is a central, established neighbourhood with mature trees, mixed housing styles, and good access to shops and transit. The lot size here is a standout feature—most homes in the area sit on much smaller parcels, so this property offers rare outdoor flexibility. It’s worth considering how you’d use that space, since it’s not something you see often in this part of the city.