133 Home Street
Key Characteristics & Buyer Profile
This is a 1911 home with 2,049 square feet of living space on a 3,275-square-foot lot. The assessed value is $390,000.
The property stands out most for its living area. It ranks in the top 13% on the street, top 20% in the Wolseley neighbourhood, and top 10% citywide in Winnipeg. This is a genuinely spacious house for the area. The lot size is above average for the street (top 21%) but sits around the neighbourhood average and is below average for the city—which is typical of an older, established area like Wolseley.
The assessed value tells a slightly different story. While the home is assessed well above the street average ($242,700), it's only around the neighbourhood and citywide averages. This suggests the home has been updated or is larger than its immediate neighbours, but still fits within the broader market for the area.
Being a 1911 build, this is a character house. It's older than the street and neighbourhood averages, and far older than the citywide average (1966). That means original details, likely solid construction, but also the realities of an old home—potential maintenance, possibly outdated systems, and the quirks that come with age.
Who this suits: A buyer who wants a genuinely spacious older home in Wolseley without paying a premium for it. This isn't a renovated showpiece, but it offers more square footage than most homes in the area at a value that's in line with the neighbourhood. Someone who appreciates character and space over turnkey finishings would be the right fit. It's less suited to someone wanting a large yard or a newer home with minimal upkeep.
Frequently Asked Questions
1. How does the living space compare to other homes in Wolseley?
It's well above average. The neighbourhood average is 1,622 square feet, and this home has 2,049 square feet—roughly 25% more space. Within the neighbourhood of 2,349 comparable homes, it ranks in the top 20%.
2. Is the assessed value of $390,000 a fair reflection of the market?
It's around the citywide average and sits near the Wolseley neighbourhood average of $371,300. The value appears realistic for the area, but note that assessments don't always track the market in real time. It can be useful to look at recent sale prices for similar homes on the street.
3. What should I know about a home built in 1911?
You're buying into an older construction era. Foundations, wiring, plumbing, and insulation may be original or updated to varying degrees. The upside is often higher-quality materials and craftsmanship than newer builds. The downside is that maintenance and renovations can be less predictable. A thorough inspection is key, especially for the mechanicals and structure.
4. How does the lot size affect the property's value or livability?
At 3,275 square feet, the lot is above average for the street but slightly below the neighbourhood average. Citywide, it's small—Winnipeg's average is roughly double that. In practice, this means a modest yard, which is typical for Wolseley. If you want a large garden or space for additions, this lot may feel tight. If you prefer lower outdoor upkeep, it's a plus.
5. How does this property compare to similar homes on Home Street specifically?
On its own street, it ranks in the top 13% for living area and top 12% for assessed value. It's larger and more valuable than the street average, which tends to run around 1,388 square feet and $242,700. This suggests it's one of the more substantial homes on the block, likely with more space and possibly more updates than its immediate neighbours.