459 Greenwood Place – Property Summary
Key Characteristics & Buyer Profile
This 1,800 sqft home built in 1909 sits on a 4,323 sqft lot in Winnipeg’s Wolseley neighbourhood. It ranks well above average for living area both on its street (top 17%) and city-wide (top 17%), and its assessed value of $401,000 sits above the street and neighbourhood averages. The land area is notably generous for Wolseley (top 11% in the neighbourhood), though it’s slightly smaller than the typical Greenwood Place lot.
The home’s appeal lies in its combination of size and location. It offers more interior space than most comparable properties in the area, plus a larger-than-typical lot by neighbourhood standards. At the same time, the 1909 build means it’s older than the majority of homes on the street and city-wide—something that will appeal to buyers who appreciate character details, mature landscaping, and established neighbourhoods, but may require more ongoing maintenance and updates than a newer home.
This property would suit buyers looking for a spacious older home in a well-established central neighbourhood. It’s less ideal for someone seeking a move-in-ready modern build or a low-maintenance property. Those comfortable with an older home’s quirks and potential renovation needs, and who value generous interior and outdoor space for the area, would find it a strong fit.
Five Possible FAQs
1. How does this home’s assessed value compare to similar properties?
On its street, the value ranks in the top 20%—above the average of $360,600. Neighbourhood-wide, it’s also above average (top 29%), but city-wide it sits just below the average for comparable homes ($390,100). The value reflects the home’s larger living area and lot size relative to much of Wolseley.
2. Is the 1909 construction a drawback?
It depends on expectations. Older homes often have solid framing, hardwood floors, and unique architectural details that newer builds lack. But they also come with older plumbing, wiring, insulation, and potential foundation or roof issues. Buyers should budget for an inspection and likely ongoing repairs or upgrades. The home’s age is typical for Wolseley (average build 1916), so it’s not unusual for the neighbourhood.
3. How does the lot size compare to other properties in Winnipeg?
The 4,323 sqft lot is around average for Greenwood Place and slightly below the city-wide average (6,570 sqft), but it’s well above average for Wolseley itself (3,434 sqft). In the neighbourhood, this lot is in the top 11%—meaning more outdoor space than most nearby homes offer.
4. What kind of updates or renovations might this home need?
Without a specific inspection report, the main areas to consider are typically the roof, heating system, electrical panel, plumbing, windows, and foundation. Given the 1909 year built, it’s also worth checking for lead paint or asbestos in older finishes. Buyers should confirm if any recent renovations have been done and ask for permits where applicable.
5. How does this property compare to others currently for sale in Wolseley?
Wolseley has a mix of character homes from the early 1900s and some infill builds. This home’s living area of 1,800 sqft is larger than the neighbourhood average of 1,622 sqft, and its lot is also above average for the area. It would stand out among smaller or narrower lots, but its older construction and likely higher maintenance needs mean it competes more directly with other century homes than with newer or recently renovated properties.