29 Arlington Street – Property Summary
Key Characteristics & Buyer Profile
This 1946 home in Wolseley offers 1,224 square feet of living space on a 3,313-square-foot lot, with an assessed value of $382,000. The property stands out most for its positioning within its immediate street context: on Arlington Street, it ranks in the top 8% for assessed value and top 13% for year built, meaning it's among the newer and more valuable homes on that block. The living area is around average for the street, but noticeably below the Wolseley neighborhood average of 1,622 square feet—so the home is compact by local standards.
Its appeal lies in offering a relatively recent build (by Wolseley's standards, where many homes date to the 1910s) without sacrificing the character of the area. The assessed value is strong relative to the street, suggesting the property has held or gained value well among its immediate neighbours. The land area is modest city-wide (the lot is about half the Winnipeg average), but typical for Wolseley, where smaller, older lots are common.
This property would suit a buyer who values being on a well-established street in Wolseley and prefers a newer build within that context—someone not looking for maximum square footage or a large yard, but who wants a home that stands up well compared to its immediate neighbours in terms of quality and value. It may also appeal to investors or homeowners who see the higher street-level valuation as a signal of stable demand.
Five Possible FAQs
1. How does the living area compare to other homes on Arlington Street?
It's around average. The home's 1,224 square feet ranks 173 out of 480 properties on the street (top 36%), where the typical home is about 1,163 square feet. It's not unusually large or small for the block.
2. The assessed value seems high for the size—why?
At $382,000, it ranks in the top 8% on Arlington Street, where the average assessed value is $247,200. That likely reflects the newer construction (1946 compared to 1928 on average) and possibly updates or finishes that aren't captured in the basic stats. Location on a specific street can also push value above what size alone suggests.
3. Is the lot size a concern?
That depends on your expectations. At 3,313 square feet, the lot is typical for Wolseley (top 35% in the neighbourhood) but well below the Winnipeg average of 6,570 square feet. If you're accustomed to a large yard, this will feel compact. If you're used to older inner-city lots, it's standard.
4. How does the year built compare to other homes in Wolseley?
It's very good for the area. The home was built in 1946, which ranks in the top 3% of Wolseley properties—most homes there date to 1916 or earlier. So while it's not new by city-wide standards, it's newer than nearly everything around it in the neighbourhood.
5. What's the neighbourhood like in terms of resale value?
The assessed value is around average for Wolseley, ranking in the top 35%. That suggests the home is priced in line with the neighbourhood, not overvalued. The strong street-level ranking (top 8%) is worth noting—it implies the property is among the more desirable options on Arlington Street specifically, which can help with resale.