325 Aubrey Street – Property Summary
Key Characteristics & Buyer Profile
This is a small, older home in Winnipeg’s Wolseley neighbourhood, with a living area of 718 sqft and a land area of 2,252 sqft. Built in 1909, it falls below average in size, assessed value, and lot dimensions compared to nearby properties and citywide benchmarks. Its assessed value is $203,000.
The appeal lies in affordability and location, not square footage or modern finishes. For buyers who prioritize budget over space, or who are open to a renovation project, this represents an entry point into a desirable central neighbourhood. Wolseley is known for its tree-lined streets, older character homes, and walkable access to shops and the river. The property would suit a first-time buyer, a downsizer who values location over room count, or an investor looking for a lower-cost asset in a stable area. The below-average land size also suggests less outdoor maintenance, which some may see as a practical advantage.
Frequently Asked Questions
1. Why is the assessed value so low compared to the neighbourhood average?
The $203,000 assessment is based on the property’s smaller living area (718 sqft) and lot size, which are both significantly below the Wolseley median of 1,622 sqft and 3,434 sqft, respectively. Older homes on larger lots in the area typically command higher values.
2. Does the low ranking for living area mean the house is hard to live in?
Not necessarily. At 718 sqft, it’s compact but functional for one or two people. Some buyers find a smaller footprint easier to heat and maintain. The ranking just shows it’s on the small end relative to nearby homes.
3. How does the age of the home (1909) affect its condition?
Older homes often have solid framing and good bones, but systems like plumbing, electrical, and insulation may be original or outdated. A home inspection is essential. The 1909 build year is typical for Wolseley, so repairs and upgrades are common knowledge in the area.
4. Is the land size a dealbreaker?
That depends on your needs. A 2,252 sqft lot is small by citywide standards (average is 6,570 sqft), but it’s enough for a small garden or patio and requires less upkeep. If you want space for a garage extension or large yard, this lot is limiting.
5. What does “Top 99%” or “Top 96%” actually mean?
These rankings compare the property to others in the same category. “Top 99%” means it ranks near the bottom (only worse than 1% of comparable homes). In every category here—living area, assessed value, land size, and year built—the property falls in the lower tiers relative to its street, neighbourhood, and city.