Key Characteristics & Buyer Profile
This is a 1911-built home with 1,611 square feet of living space on a 2,499-square-foot lot, located on Evanson Street in the Wolseley neighbourhood of Winnipeg. Its assessed value is $386,000.
The property’s main appeal is its interior space relative to the city as a whole. It ranks in the top 25% citywide for living area, offering noticeably more room than a typical Winnipeg home. The lot, however, is small—far below the city average and also below the Wolseley average. The assessed value sits close to the community and city medians, which suggests the price is in line with what similar homes in the area are going for.
This house would suit a buyer who prioritizes indoor square footage over outdoor space, and who values the older character of a century home in an established inner-city neighbourhood. It’s less suited for someone wanting a large yard or a newer, low-maintenance property.
Five Possible FAQs
1. How does the lot size compare to other homes on the street?
It’s slightly above the street average—ranked 19th out of 117. But compared to the rest of Wolseley or the city, the lot is well below average.
2. Is the assessed value a good indicator of market price?
Assessed value is a baseline for property tax, not necessarily a market valuation. In this case, it’s close to both the community and city averages, which suggests the home is priced in a fairly typical range for its size and location.
3. What does the 1911 build year mean for maintenance?
Older homes often have solid construction but may need updates to plumbing, electrical, or insulation. Being built before 1920, it’s worth checking for knob-and-tube wiring, lead pipes, or asbestos. Renovations from the last 20 years would add value.
4. How does this property compare to others on Evanson Street?
It’s above average in assessed value (top 20%) and lot size (top 16%), while living area is close to the street median. So it’s not the biggest on the block, but it’s valued higher than most nearby homes.
5. Is Wolseley a good neighbourhood for families or investors?
Wolseley is known for mature trees, walkable streets, and older character homes. It’s popular with families who want proximity to the river, schools, and local shops. For investors, the area has steady demand, but renovation costs in century-old homes can cut into returns.