754 Westminster Avenue – Property Summary
Key Characteristics & Buyer Profile
This 1,876 sqft Wolseley home, built in 1910, sits on a 3,747 sqft lot with an assessed value of $405,000. Compared to other homes on Westminster Avenue, it lands in the top third for living space and assessed value, but is fairly typical for the street in terms of age and lot size. Where it really stands out is within the Wolseley neighbourhood: it offers above-average square footage, a larger-than-typical lot, and a slightly higher assessed value than most nearby homes. City-wide, the living area is in the top 14%, though the lot is on the smaller side relative to Winnipeg averages—a common trait for older, more central properties.
Where the appeal lies: The home offers a good amount of space for a neighbourhood known for its mature tree canopy, walkable streets, and older character homes. It’s not the biggest or newest house on the block, but it punches above average for the area without being an outlier. That suggests a home that feels comfortable and substantial, but not so oversized that it breaks the character of the street.
Who it suits: Buyers who want a solidly above-average home in a desirable central neighbourhood, without the premium of a top-tier property. It would work well for someone who values living space and lot size relative to the neighbourhood, and who appreciates the trade-off of an older home (1910) for a location that’s established and well-connected. Less suited for someone who wants a newer build, a large suburban lot, or a property that dominates its street in size or valuation.
Frequently Asked Questions
1. How does this home compare to others on Westminster Avenue?
It’s in the top 38% for both living area and assessed value, and sits right around the middle for age and lot size. So it’s a slightly larger, slightly more valuable home than average for the street, but not dramatically so.
2. Is a 1910 home a concern in terms of maintenance or updates?
The year built places it among older homes in Wolseley (top 66% of the neighbourhood) and well older than the city average. That’s typical for the area. Buyers should budget for the kind of upkeep expected with a century-old home, but the rankings suggest it’s not unusually old for its immediate context.
3. Why is the lot size ranked high for Wolseley but low city-wide?
Wolseley is an older, denser neighbourhood, so lots tend to be smaller than newer suburban areas. This home’s 3,747 sqft lot is above average for the neighbourhood (top 24%) but below the citywide average of 6,570 sqft, which is pulled up by large suburban and rural properties.
4. How reliable are these rankings for making an offer?
They’re useful for positioning, but they’re based on comparable homes, not exact duplicates. The street-level rankings are most relevant. The city-wide comparisons can be misleading for an older central property, since the pool includes many newer, larger-lot homes. Focus on the street and neighbourhood data for a fairer picture.
5. What does “assessed value” tell me about market price?
Assessed value is a government estimate, not a market valuation. An above-average assessed value for the street and neighbourhood suggests the property is seen as relatively desirable by the assessor, but actual sale price depends on condition, upgrades, and current demand. Use the rankings as context, not a price target.