134 Walnut Street, Winnipeg – Property Summary
Key Characteristics & Buyer Profile
This is a 1,530-square-foot home built in 1909, sitting on a 3,461-square-foot lot in Winnipeg’s Wolseley neighbourhood. The property’s strongest asset is its lot size: on Walnut Street, it ranks in the top 14%, and at 3,461 square feet, it’s noticeably larger than the street average of 2,887 square feet. That gives it more outdoor space than most nearby homes, which is unusual for a street where lots tend to be tighter.
The assessed value of $386,000 sits above the street average ($337,500) but is roughly in line with the neighbourhood ($371,300) and citywide ($390,100) averages. That suggests the home is priced realistically for its location—not a steal, but not overinflated either. The living area is slightly below the street and neighbourhood averages, though it remains above the citywide norm.
The house was built in 1909, making it older than most properties on Walnut Street (average 1911) and significantly older than the citywide average (1966). Buyers should expect quirks that come with a home over a century old—likely solid bones in some areas, but possibly original features or systems that need updating.
Appeal: The property offers a rare combination: a good-sized lot in a desirable older neighbourhood, at a price that doesn’t scream “premium.” It’s not the biggest house on the block, but the land gives room for expansion, gardening, or simply more breathing space than neighbours have.
Best suited for: Buyers who value outdoor space and lot size over interior square footage. Those comfortable with an older home’s character and maintenance—especially in Wolseley, where century homes are common. Also suitable for someone looking to add value over time through thoughtful renovations rather than a turnkey purchase.
Five Frequently Asked Questions
1. How does the assessed value compare to similar homes in the area?
It’s above average for Walnut Street (top 30%) but around average for the broader Wolseley neighbourhood and citywide. Essentially, it’s priced in line with the local market—not a bargain, not overvalued.
2. Is the lot size unusual for this neighbourhood?
Yes, for the street. It ranks in the top 14% on Walnut Street, meaning only a handful of nearby homes have more land. In the wider Wolseley area, it’s more average—about 32% of neighbourhood lots are larger. Citywide, lots in Winnipeg tend to be much bigger (6,570 sqft average), so this is smaller than typical for the city as a whole.
3. What should I know about a house built in 1909?
Older homes often have better craftsmanship in the framing and woodwork, but systems like wiring, plumbing, and insulation may be outdated. The age ranking shows this property is older than 95% of homes citywide, so expect original character—and original quirks. A thorough home inspection is strongly recommended, especially for the foundation and roof.
4. How does the living space compare to other homes?
It’s below average on the street (1,530 sqft vs. 1,723 avg) and around average for Wolseley. Citywide, it’s above average (1,342 sqft avg). The home is modestly sized by local standards, but not unusually small—consider whether the layout works for your needs, as century homes sometimes have less open floor plans.
5. Where is this property located relative to other homes, and how can I see more details?
The property is on Walnut Street in Wolseley. To compare it side-by-side with nearby homes—including year built, living area, assessed value, and lot size on a map—use the neighbourhood analysis page linked in the full listing. That tool shows how this home stacks up visually against its neighbours.