186 Home Street – Property Summary
Key Characteristics & Buyer Profile
This is a 2,129 sqft house on a 3,313 sqft lot, built in 1909, in Winnipeg’s Wolseley neighbourhood. Its assessed value is $392,000.
Where it stands out most is living space. The home ranks in the top 8% on its street and citywide for interior square footage, and sits well above the street average of 1,388 sqft. The land is also generous by local standards – top 8% on the street – though the lot is smaller than the typical Winnipeg property, which reflects the older, denser character of Wolseley.
The assessed value is above average for the street ($242,700) but only around average for the neighbourhood ($371,300) and city ($390,100). This suggests the home’s extra square footage is priced in, but without a dramatic premium. The 1909 build is typical for the street but older than most homes citywide – that’s expected in a historic area like Wolseley.
The appeal here is interior space without a lot size trade-off. Buyers who want a genuinely large house in an established central neighbourhood, not a newer subdivision, will find this fits. It likely suits someone who values character, walkability, and room to spread out, and who is comfortable with the maintenance realities of a 115-year-old home (plumbing, wiring, foundation). This is not a move-in-ready flip or a low-maintenance starter home – more of a solid older residence with good bones and a proven floor plan.
Five Possible FAQs
1. How does the assessed value compare to similar houses in Wolseley?
It’s around the neighbourhood average – $392,000 vs. $371,300 – which makes sense given the larger living area. On its own street, the value is notably higher than the $242,700 average, probably because that street average includes many smaller or less-updated homes.
2. Is the lot size unusually small for Winnipeg?
By citywide standards, yes – this lot ranks in the bottom 17%. But within Wolseley, it’s about average (top 35%). If you’re used to suburban lots, this will feel compact. If you know the area, it’s typical.
3. What does “year built” mean for upkeep?
Built in 1909, this house is older than 95% of Winnipeg homes. That means you should expect original features (good) but also aging systems. A pre-purchase inspection should focus on the foundation, knob-and-tube wiring, and old plumbing – common issues in homes of this era. The ranking data shows it’s not unusually old for its street, so neighbours likely face similar considerations.
4. How walkable is the location?
Wolseley is one of Winnipeg’s most pedestrian-friendly neighbourhoods. This home is on Home Street, a quiet residential stretch, but close to shops, transit, and the river. The data doesn’t measure walkability directly, but the neighbourhood profile suggests it’s a strong fit for car-light living.
5. What’s the neighbourhood feel?
Wolseley is known for mature trees, older homes, and a mix of families, artists, and professionals. The rankings show this house is larger than most on its street but fairly typical for the area. It’s not a cookie-cutter block, and the property likely has some character details from its 1909 origins. If you value community character over new construction, it’s a good fit.