1095 Wolseley Avenue — Property Summary
Key Characteristics & Buyer Profile
This is a 1913 house in Winnipeg’s Wolseley neighbourhood with 1,744 square feet of living space on a 3,742-square-foot lot. Its assessed value is $490,000.
The property’s standout feature is its value relative to the neighbourhood. While the home is roughly average for its street in terms of size and assessed price, it ranks in the top 11% of homes in the broader Wolseley area by assessed value. That suggests the house holds its ground well compared to nearby properties, many of which may be smaller or less updated. Citywide, it’s in the top 19% for living area and top 21% for assessed value—solid numbers for a 112-year-old home.
The lot is smaller than average for the street (3,742 sqft vs. a street average of 5,947 sqft), but it’s above average for the neighbourhood (3,434 sqft). This points to a compact, likely low-maintenance yard typical of older character homes in close-knit urban blocks.
The house would suit buyers who value established neighbourhood character and want above-average living space without paying a premium that outstrips the local market. It’s a reasonable fit for someone who appreciates pre-war construction but isn’t necessarily seeking a large lot or the newest finishes. Given its age (top 90% oldest citywide), a buyer should be comfortable with the maintenance realities of an older home—or see potential for gradual updating.
Five Possible FAQs
1. How does this home’s size compare to others in Wolseley?
The living area (1,744 sqft) is above the neighbourhood average of 1,622 sqft and ranks in the top 40% locally. It’s a comfortably sized house for the area, not unusually large or small.
2. Is the assessed value of $490,000 reasonable for this property?
Relative to the street, it’s around average (top 48%). But compared to the broader Wolseley neighbourhood—where the average assessed value is $371,300—this home is well above average (top 11%). That likely reflects both the larger living area and any updates or condition advantages.
3. What does the year built (1913) mean practically?
It’s an old house by citywide standards (top 90% oldest). Expect typical character features like thicker walls, possibly knob-and-tube wiring or old plumbing, and less insulation. A thorough home inspection is wise, especially for structural and mechanical systems.
4. Is a 3,742 sqft lot typical for Wolseley?
Yes—it’s slightly above the neighbourhood average of 3,434 sqft. But on its own street, lots average 5,947 sqft, so this yard is smaller than many immediate neighbours. It’s a compact urban lot, not a sprawling one.
5. Which types of buyers tend to be a good fit for this house?
People who want a solidly sized character home in a walkable, established neighbourhood, and who are comfortable with an older house that may need upkeep. It’s less suited for someone seeking a large yard or a modern open-concept layout without renovation.