1119 Wolseley Avenue – Property Summary
Key Characteristics & Ideal Buyer Profile
This is a 1,319-square-foot home built in 1925, sitting on a 3,981-square-foot lot in Winnipeg’s Wolseley neighbourhood. Its strongest feature is the lot size. While it’s slightly smaller than the average lot on Wolseley Avenue itself (5,947 sqft), it’s well above the neighbourhood average (3,434 sqft) and ranks in the top 15% locally. For a street known for its older, character homes, that’s a notable advantage—more outdoor space without straying from the area’s typical scale.
The home’s assessed value of $370,000 is below the street average of $514,700 but sits close to the neighbourhood average ($371,300) and slightly under the citywide average for comparable homes. That means the price is competitive for the area, not a bargain or a stretch. The living area is below the street average but aligns with neighbourhood and city norms—it’s a modestly sized house, not small, not large.
The appeal lies in the trade-off. You get a home that’s old enough to have character (built 1925, which is earlier than most in Winnipeg but typical for Wolseley) on a lot that’s generous for the neighbourhood. It won’t appeal to someone wanting a move-in-ready new build or a massive floor plan. It would suit a buyer who values outdoor space, is comfortable with an older home’s maintenance, and wants to be in Wolseley at a price that doesn’t break the neighbourhood average. This is a practical, not flashy, entry point into one of Winnipeg’s established character areas.
Frequently Asked Questions
1. How does the condition of the home compare to others on the street?
The data only covers size, value, lot size, and year built—not condition. A 1925 home could be well-maintained or need significant work. A physical inspection is essential before making an offer. The assessed value being below the street average ($370k vs $514k) might hint at a less updated condition, but that’s not a guarantee.
2. Is the lot size actually usable, or is it awkwardly shaped?
The data shows total square footage but not layout. Most Wolseley lots are narrow and deep. A 3,981-sqft lot is typical for the area in shape but bigger than average in size. It likely offers a decent backyard, but you’ll want to check for easements, setbacks, or mature trees that could limit expansion.
3. Why is the assessed value lower than other homes on Wolseley Avenue?
The street average ($514,700) is skewed by a handful of higher-value properties. Your home’s value sits much closer to the neighbourhood average ($371,300). This is common for older homes on a varied street—some have been renovated or expanded, others haven’t. Your property simply falls on the lower end of that range.
4. What does “Top 15% for lot size in the neighbourhood” actually mean for resale?
In Wolseley, lots are generally smaller than city averages. A top-15% lot is a genuine rarity in the area. That could help resale value if zoning allows for a garage, garden suite, or subdivision—but check with the city first. Not all large lots can be developed further.
5. Is this a good candidate for renovations or additions?
Potentially. The lot is large for the neighbourhood, giving you more room to expand compared to most neighbours. But the home was built in 1925, so any renovation will need to account for older foundations, possible knob-and-tube wiring, and lead paint. City permits and heritage restrictions (Wolseley has some) could also apply. Get a contractor’s opinion before planning major work.