141 Home Street – Property Summary
Key Characteristics & Who It Suits
This house at 141 Home Street sits on a 3,209 sqft lot in Winnipeg's Wolseley neighbourhood, with 1,512 sqft of living space built in 1911. The property ranks well on its street for assessed value—top 9%—meaning it's one of the higher-valued homes on Home Street, nearly double the street average of $242,700. But compared to the broader Wolseley area and the city, the story shifts: its value is still above average for the neighbourhood (top 21%), while citywide it's close to the middle.
The lot size is a real advantage locally—top 25% on the street—though in Wolseley it's about average, and below average compared to Winnipeg overall. That's typical for an older, established neighbourhood like this one, where lots tend to be smaller than newer subdivisions. The living area falls roughly in the middle on the street and in the neighbourhood, but slightly above average for the city. At 1911, the house is older than most properties on the street (which average 1914) and the neighbourhood (1916), and far older than the citywide average of 1966.
What this adds up to: the property has strong street-level value and a solid lot for the area, but it's not oversized or flashy. The appeal is less about square footage and more about location and lot potential within Wolseley. This would suit a buyer who values an established, walkable neighbourhood with character homes, and who sees the older construction as a feature rather than a drawback—or is willing to invest in updates. It's less suited to someone looking for a new build, a large yard, or lots of indoor space relative to other Winnipeg homes.
Frequently Asked Questions
1. How does the assessed value of $431,000 compare to similar homes nearby?
On Home Street, this is a top-tier value—only about 9% of comparable homes are assessed higher. But within Wolseley, the average is $371,300, so this home is above that but not exceptional for the area. Citywide, it's near the middle of the pack.
2. Is a 3,209 sqft lot considered small?
It depends on the comparison. On Home Street, it's larger than most—top 25%. In Wolseley, it's about average. Relative to Winnipeg as a whole, it's on the smaller side, since the citywide average lot size is over 6,500 sqft. This reflects the denser, older character of the neighbourhood.
3. What does the 1911 construction year mean in practical terms?
This house is significantly older than the Winnipeg average (1966). On Home Street and in Wolseley, it's consistent with the area's age. Older homes often have solid framing and character details, but may need updated electrical, plumbing, insulation, or windows. Buyers should budget for potential maintenance or renovation.
4. How does the living area of 1,512 sqft stack up?
On Home Street, it's close to average. In Wolseley, it's slightly below the neighbourhood average of 1,622 sqft. Citywide, it's above average. For a buyer, this means the home is not unusually cramped or spacious within its immediate context, but it does offer more room than many Winnipeg homes.
5. What type of buyer would get the most out of this property?
Someone who appreciates Wolseley's walkability, tree-lined streets, and older housing stock. The property's strength is location and lot size relative to the street, not raw space or a modern finish. It's a good fit for a buyer who values character, wants a manageable lot, and is open to a home that may need some updating over time.