472 Stiles Street – Property Summary
Key Characteristics & Buyer Profile
This is a 1910-built home with 1,054 square feet of living space on a 2,196-square-foot lot, located on Stiles Street in Winnipeg’s Wolseley neighbourhood. The property’s assessed value is $273,000.
Its appeal lies in affordability relative to the surrounding area. The assessed value is significantly below both the Wolseley average ($371,000) and the citywide average ($390,000). The living space, while slightly smaller than the street average (1,170 sqft), is roughly in line with city norms. The land is notably compact—on the smaller end even for Wolseley, and well below the typical Winnipeg lot size.
A less obvious point is the home’s age: built in 1910, it is older than the street average (1912) and much older than the city median (1966). Buyers should expect the character and maintenance considerations that come with a century home in an established neighbourhood.
This property would suit buyers who want to be in Wolseley—a walkable, established central neighbourhood with mature trees and character homes—but for whom the area’s typical price point is out of reach. It might also appeal to someone willing to take on a renovation or update project, given the lower land value and older construction.
Five Possible FAQs
1. How does this home’s size compare to others in Wolseley?
Living area is 1,054 sqft, which is well below the Wolseley average of 1,622 sqft. It is closer in size to the citywide average (1,342 sqft).
2. Is the assessed value a realistic indicator of market price?
Assessed value is used for property tax purposes, not a direct market estimate. The home is assessed at $273,000—below the street average of $294,000 and significantly below the community average. This suggests the property may be priced more affordably than many nearby homes, but always consult an appraiser or realtor for current market value.
3. What is the lot like?
The lot is 2,196 sqft, which is small even by Wolseley standards (average 3,434 sqft) and very small citywide (average 6,570 sqft). Expect limited yard space.
4. How old is the house, and what should I look out for?
Built in 1910. Older homes of this era often have unique architectural details but may also have older electrical, plumbing, and insulation. A thorough home inspection is recommended, especially for foundation, roof, and windows.
5. How do the rankings work in the data provided?
Rankings compare this property to others on the same street, in the same community (Wolseley), and citywide. A higher ranking (lower number) means larger size, newer construction, or higher value. For land and living area, larger is better; for build year, newer is better. Progress bars show the percentage of comparable homes it outperforms in each category.