This is a 1922 home with 2,556 square feet of living space on an 8,373-square-foot lot. The numbers tell a clear story: this property ranks exceptionally well in its neighborhood and city for size and value. On Wolseley Avenue, it’s in the top 16% for living area and top 12% for assessed value. Zoom out to the Wolseley neighborhood, and it jumps to the top 1% for value and top 2% for lot size. Citywide, it sits in the top 3% for both living area and assessment.
The appeal here is twofold. First, the lot is significantly larger than the neighborhood average (8,373 sqft vs. 3,434 sqft), which is rare in an established area like Wolseley. That extra land offers potential for gardens, expansions, or simply privacy. Second, the home itself is well above average in size—not a tear-down, but a substantial structure. The 1922 build date is around average for the street but older than the citywide average, meaning you’re buying into a mature, character-rich area rather than a newer subdivision.
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How does the assessed value compare to similar homes nearby?
The assessed value is $745k, which is well above the street average of $514.7k and the neighborhood average of $371.3k. It ranks in the top 1% of the neighborhood and top 3% citywide, so while the price is high for the area, the property’s size and land are also in a different tier.
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What does the lot size allow for practically?
At 8,373 sqft, the lot is roughly 40% larger than the street average. This is uncommon in Wolseley, where lots tend to be smaller. It could accommodate a garage, a large garden, a workshop, or future additions—but check local zoning and heritage restrictions first, given the home’s age and the neighborhood’s character.
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Is the 1922 build a concern?
It’s not unusually old for the street (average build year on Wolseley is 1925) but it is older than the citywide average of 1966. That means you should budget for typical older-home issues: older wiring, plumbing, and possibly less insulation. A thorough inspection is worthwhile, especially for the foundation and roof.
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How does this property compare to others in Wolseley that are similar in price?
Few homes in the neighborhood hit this price point, and those that do typically have either more land or a fully modernized interior. This one stands out for having both a large lot and a substantial living area, but the value may also reflect the condition of the home—so compare it directly to recent sales, not just assessments.
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What is the neighborhood like for families or commuters?
Wolseley is known for its tree-lined streets, older homes, and walkable access to shops, parks, and the river. It’s a stable, established area. Commuting downtown is straightforward, but parking can be tight on narrower streets. The larger lot here may offer an advantage for multiple cars or a driveway, which is less common in the area.