187 Lenore Street — Property Summary
Key Characteristics and Buyer Profile
This is a 1911-built home in Winnipeg’s Wolseley neighbourhood, with 1,709 sq ft of living space on a 2,343 sq ft lot. Its assessed value for tax purposes is $424,000.
The property’s strongest feature is its living space. It’s above average for the city as a whole (ranking in the top 21% citywide for size), and roughly on par with other homes on Lenore Street and within Wolseley. The assessed value is also notably higher than both the street and neighbourhood averages, ranking in the top 21–23% locally. This suggests the home holds good value relative to nearby properties.
The lot is a weak point. At 2,343 sq ft, it’s smaller than most on the street (bottom 11%) and well below the citywide average. Buyers should expect a compact outdoor footprint. The home’s age (1911) is typical for Wolseley but old by city standards, meaning maintenance and updates are likely ongoing considerations.
Who it suits: Buyers who prioritise generous indoor living space in a character-rich, older neighbourhood, and who are comfortable with a smaller lot. It may appeal to those who want a home with good assessed value relative to its neighbours, or who value the Wolseley area’s walkability and established feel over newer construction.
Frequently Asked Questions
1. How does the living space compare to other homes in Wolseley?
It’s close to the neighbourhood average of 1,622 sq ft, ranking in the top 42%. So it’s a solidly mid-range size for the area—not unusually large, but not cramped for an older home.
2. Is the lot size a concern?
It depends on your needs. At 2,343 sq ft, the lot is small even by Wolseley standards and very small compared to the city average. If you want a large yard, garden space, or room for additions, this property will feel limited. If you’re fine with a compact outdoor area, it’s manageable.
3. What’s the property’s assessed value telling me?
The $424,000 assessment is above average for both the street ($360,000) and the neighbourhood ($371,000), and roughly in line with the city average ($390,000). This suggests the home is considered more valuable than many nearby—likely due to its size and condition—but isn’t unusually expensive by city standards.
4. Should the 1911 build date worry me?
Homes from that era are common in Wolseley, so it’s not unusual for the area. But citywide, 93% of homes are newer. Age brings potential issues with wiring, plumbing, insulation, and foundation. A thorough inspection is wise. That said, older homes often have better craftsmanship and more character than newer builds, which some buyers prefer.
5. How does this property rank against others on Lenore Street specifically?
It’s in the top 21% for assessed value and top 56% for living space, but near the bottom (89th percentile) for lot size. So it’s one of the better-valued homes on the street, with average indoor space and a small yard. The build year is typical for the street.