60 Walnut Street – Property Summary
Key Characteristics & Buyer Profile
This two-storey home in Wolseley sits on a 3,185 sqft lot with 2,010 sqft of living space, built in 2004. The property stands out most for its age—it’s one of the newest homes on Walnut Street (top 2%) and within the neighbourhood (top 1%), where the average build year hovers around 1911. The living area is well above both street and city averages, and the assessed value of $454,000 ranks in the top 9% on the street, though it sits closer to the neighbourhood and city median when compared more broadly. The lot size is typical for the street but below the citywide average—expected for an older, established area like Wolseley.
The appeal here is a newer, move-in-ready home in a mature neighbourhood known for character and walkability—without the upkeep that comes with a century-old house. It would suit buyers who want Wolseley’s location and tree-lined streets but prefer modern construction and efficient floor plans over vintage details. It’s also a reasonable fit for someone looking for above-average square footage in a central Winnipeg neighbourhood, or for a family wanting a home that requires fewer immediate renovations than its older neighbours.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The assessed value of $454,000 is above the neighbourhood average of $371,300 and well above the street average of $337,500. It ranks in the top 9% on Walnut Street but closer to the 28th percentile citywide, meaning it’s priced high for its immediate street but more in line with newer or larger homes across Winnipeg.
2. Is the lot size small for the area?
The lot is 3,185 sqft, which is above average for Walnut Street (2,887 sqft) but below the neighbourhood average (3,434 sqft) and significantly smaller than the citywide average of 6,570 sqft. This is common in central neighbourhoods like Wolseley, where lots tend to be compact.
3. Why does the year built stand out so much here?
Most homes on Walnut Street and in Wolseley were built around 1911, so a house from 2004 is unusual. It ranks 2nd out of 87 homes on the street and 20th out of over 2,300 in the neighbourhood. This means buyers get modern construction standards, insulation, and systems in an area where most homes are over a century old.
4. How does this home compare to other properties in Wolseley generally?
It’s larger than average in both living area and lot size for the neighbourhood, and much newer. The assessed value is above typical for the area, reflecting its condition and age. However, it’s not an outlier citywide—Winnipeg has many newer, larger homes, especially in suburban areas.
5. What should buyers consider about the neighbourhood context?
Wolseley is known for its older character homes, mature trees, and proximity to the river and downtown. A 2004 build here provides a different experience: less charm perhaps, but lower maintenance and better energy efficiency. Buyers should weigh whether they value the historic feel of the area or the practicality of a newer home—this property leans toward the latter.