106 Ruby Street – Property Summary
Key Characteristics & Buyer Profile
This 1912 home in Wolseley offers 2,066 square feet of living space on a 3,043-square-foot lot, with an assessed value of $437,000. The property stands out most for its generous interior: it ranks in the top 9% city-wide for living area, well above both the street and neighborhood averages. The assessed value is also above typical comparables on Ruby Street and in Wolseley, though it sits near the city-wide average—suggesting the home offers significant space for its price tier.
The land area is relatively modest compared to city-wide norms (in the bottom 13% for Winnipeg), but within the neighborhood it's average. The home is older than most city-wide, built in a year typical for Wolseley, which is known for its character homes and mature streetscapes.
The appeal here is straightforward: you get a lot of interior square footage in a sought-after central neighbourhood, without paying a premium that mirrors the space advantage. This makes it well-suited for buyers who prioritize roomy interiors, period character, and walkability over a large yard or a newer build. It would particularly suit families needing multiple rooms, home office space, or anyone drawn to Wolseley's established tree-lined streets and proximity to the river, shops, and transit.
Five Possible FAQs
1. How does the assessed value compare to similar homes on the street?
It's above average. The property ranks 22nd out of 115 on Ruby Street (top 19%), with an assessed value of $437,000 versus the street average of $372,500. This reflects the larger living area, but the gap is not as wide as the space advantage might suggest.
2. Is the lot size typical for Wolseley?
Yes, it's around average for the neighborhood. The lot is 3,043 square feet, ranking in the middle (51st percentile) locally. However, it's well below the city-wide average of 6,570 square feet—typical for an older central neighbourhood.
3. Why is the year built listed as both "above average" on the street and "below average" city-wide?
The home was built in 1912. On Ruby Street, most homes are from around 1916, so it's slightly older but still in line with the street's character. City-wide, the average home was built in 1966, so 1912 is considerably older than most Winnipeg properties. The neighborhood context is what matters here.
4. How does the living area compare to other homes in the city?
Very favorably. This home's 2,066 square feet puts it in the top 9% city-wide. The average comparable home in Winnipeg is 1,342 square feet. Within Wolseley, it ranks in the top 19%, and on Ruby Street, the top 16%.
5. What does the "rankings & bars" section mean?
The rankings compare this property to other "comparable homes" within the same street, neighborhood, or city-wide. For living area and assessed value, a higher rank (i.e., a smaller percentile number) is better. For year built, newer is ranked better. The bar fill length shows roughly how many peers you outperform in each category. The color tier (red/blue/amber/gray) gives a quick visual for how strong the ranking is.