214 Sherburn Street

214 Sherburn Street – Property Summary

Key Characteristics and Buyer Profile

This is a 1929-built home in Winnipeg’s Wolseley neighbourhood with 696 sqft of living space on a 3,013 sqft lot. Its assessed value sits at $282,000.

Where its appeal lies: The property stands out most for its age and street-level value. Built in 1929, it’s older than most homes on its street (ranked 126th out of 537) and significantly older than the Wolseley average—it’s in the top 9% of the neighbourhood for year built. For buyers who appreciate pre-war construction, solid materials, and established neighbourhood character, this is a notable factor. The assessed value is roughly average for Sherburn Street but well below the Wolseley neighbourhood average ($371,300) and the citywide average ($390,100). That gap suggests the home is priced more affordably than many comparable properties in the wider area. The lot size is also close to the street average, and while smaller than the citywide norm (6,570 sqft), it’s consistent with what’s typical for this block.

What to consider honestly: The living area is below average at every level—street, neighbourhood, and citywide. At 696 sqft, this is a compact home, which will be a limitation for some buyers but a feature for others who want less space to maintain or heat. The lot, while not large, is not unusually small for the street or neighbourhood.

Type of buyer this would suit: Someone looking for an older home with character in a historic Winnipeg neighbourhood, who values a lower purchase price over square footage. It likely appeals to first-time buyers, downsizers, or investors interested in a solid structure on a decent street where the assessed value trails the surrounding area—leaving possible room for appreciation if the home is updated. It’s less suited to families needing multiple bedrooms or large open living areas, or to anyone looking for a fixer-upper on a big lot.

Frequently Asked Questions

1. Is the home small compared to others in Wolseley?
Yes. The 696 sqft living area ranks in the bottom 100% of the neighbourhood (2,345th out of 2,349 homes). It’s about 40% smaller than the neighbourhood average of 1,622 sqft. This is below average for the street and city as well.

2. How does the assessed value compare to similar homes nearby?
The $282,000 assessment is around average for Sherburn Street (ranked 174th out of 537) but about 24% below the Wolseley neighbourhood average and 28% below the citywide average for comparable properties. It’s priced more in line with its street than its broader area.

3. Is the lot size typical for this property type?
Roughly, yes—on the street and in the neighbourhood. The 3,013 sqft lot is close to the Sherburn Street average (3,096 sqft) and a bit below the Wolseley average (3,434 sqft). It’s small by citywide standards, where the average lot for comparable homes is over double the size.

4. What does the 1929 build year mean in practical terms?
Homes from this era often have good bones, solid framing, and established landscaping. They may also have older electrical, plumbing, or insulation that requires updating. Being in the top 9% of Wolseley for age means it’s one of the older homes in a neighbourhood already known for character housing—something that can be a draw or a maintenance consideration depending on the buyer’s priorities.

5. Should I compare this property to others by square footage or by lot size?
That depends on your needs. The living area is the most significant differentiator here—it’s well below average at every level, so if space is a priority, you’ll find larger options. The lot is more average for the immediate area, so if outdoor space matters more than indoor square footage, this property may be more competitive. The assessed value is also worth comparing carefully: it’s lower than many nearby homes, so you may get more lot for the money relative to pricier listings in Wolseley.