161 Evanson Street — Property Overview
Key Characteristics & Buyer Profile
This 1910 home on Evanson Street in Wolseley offers 1,160 square feet of living space on a 2,444-square-foot lot. The property sits below average for both living area and lot size within its immediate street and neighbourhood, though its living space is close to the citywide average. The assessed value is notably low—$231,000—ranking in the bottom 4% on the street and in the neighbourhood, and well below city medians.
The appeal here is less about standout specs and more about affordability within a sought-after older neighbourhood. Wolseley is known for its character homes, tree-lined streets, and walkability, which this property taps into by virtue of location alone. Buyers who prioritize neighbourhood feel over square footage or a large yard may find value here. The 1910 build year is typical for the area, meaning this is likely a fixer-upper or a home that has been maintained with period details intact—not a modern renovation.
This property would suit a buyer who is comfortable with an older home, possibly looking for a project or a more affordable entry point into a desirable central neighbourhood. It’s less suited for someone seeking move-in-ready space or a large lot for expansion.
Frequently Asked Questions
1. How does this property’s assessed value compare to similar homes in Wolseley?
The assessed value of $231,000 is well below the Wolseley neighbourhood average of $371,000. It ranks near the bottom (96th percentile) within both the street and the community, suggesting it is one of the more affordable options in the area. This could mean lower property taxes, but also may reflect the home’s condition, size, or lack of recent updates.
2. Is the living space considered small for a home in this area?
Yes, relative to the neighbourhood. Wolseley homes average 1,622 square feet, so this property is about 28% smaller. On its street, it also falls below the average of 1,466 square feet. However, it is close to Winnipeg’s citywide average of 1,342 square feet, so it is not unusually small by broader standards.
3. What should buyers know about a 1910 home in terms of maintenance?
Older homes often come with ageing systems—plumbing, electrical, roofing, and insulation may need attention. The build year here is consistent with the street and neighbourhood averages (1913 and 1916 respectively), so this is not an outlier. Still, buyers should budget for potential upgrades, especially in energy efficiency and structural integrity. A pre-purchase inspection is strongly recommended.
4. How does the lot size affect usability or future development?
At 2,444 square feet, the lot is close to the street average but significantly smaller than typical Wolseley lots (3,434 sqft) and city lots (6,570 sqft). This means limited outdoor space and likely less room for additions or major expansions. It’s more suited for someone who values low-maintenance yard work over garden space or parking.
5. What is the “ranking and progress bar” system referring to?
The ranking system compares this property to others on the same street, within Wolseley, and across Winnipeg across four metrics: living area, lot size, build year, and assessed value. A higher ranking (smaller number) means the home is larger, newer, or more valuable relative to its peers. Progress bars show where the property falls compared to the median—further right means more advantageous. This system helps buyers quickly gauge where the property stands, rather than relying on averages alone.