850 Westminster Avenue — Property Summary

Key Characteristics & Buyer Profile

This 1912 home in Wolseley stands out primarily for its generous living space and large lot. At 2,396 square feet, it ranks in the top 4% citywide for living area, and the 4,405-square-foot lot is among the largest on its street (top 9%). Both figures significantly exceed neighbourhood averages, making this a rare find in an area known for older, more compact homes.

The assessed value of $448,000 is above average for Wolseley and its immediate street, but only moderately so relative to the rest of Winnipeg (top 29%). This suggests the property may offer more square footage for the price than many newer or more central homes, though the 1912 build year — which places it in the bottom 8% citywide — means buyers should expect older systems, potential maintenance needs, and a floor plan that may not suit everyone.

Where the appeal lies: The combination of a spacious interior and a generous private lot is uncommon in Wolseley. For buyers who value room to spread out — both indoors and outdoors — without leaving a mature, walkable neighbourhood, this property offers something most nearby listings don't.

Who it would suit: Families or couples who want extra space for home offices, hobbies, or entertaining, and are comfortable with an older home's character and upkeep. It may also appeal to buyers who plan to renovate or reconfigure, given the strong bones of the lot and living area. Less ideal for someone seeking a move-in-ready, low-maintenance property or a newer build.

Frequently Asked Questions

1. How does the year built affect the home's value and livability?

At 112 years old, the home is older than nearly all others in the city, though it's typical for Wolseley and Westminster Avenue specifically. This likely means original features (trim, windows, plumbing, electrical) that may need updating. Buyers should budget for ongoing maintenance and potential retrofits, but also expect solid construction and mature landscaping — common trade-offs in this era of home.

2. Why is the assessed value not as high as the living area ranking might suggest?

Assessed value considers more than square footage — it factors in condition, location, and comparable sales. The home's age, and possibly its interior finish level or layout, may temper its valuation relative to newer or fully renovated homes with similar space. That said, the $448,000 figure is still above both street and neighbourhood averages, so it's not undervalued — just not as dominant in value as it is in size.

3. How does the lot size compare to typical Winnipeg properties?

The 4,405-square-foot lot is larger than most in Wolseley and on Westminster Avenue, but it's actually smaller than the citywide average of 6,570 square feet. So while it's generous for this neighbourhood, it's not oversized by suburban standards. Buyers looking for a sprawling yard may find it modest; those seeking a manageable outdoor space in a central area will likely be pleased.

4. What does the "rank" or "tier" colour coding mean?

The rankings compare this property to similar homes within each scope (street, neighbourhood, city). A higher rank means it outperforms more peers. The bar fill and colour indicate how far above or below the median it falls — typically, red or amber for below average, blue for above, and gray for around average. On this property, the living area and lot rank well; the year built ranks poorly.

5. How does this home compare to others on Westminster Avenue specifically?

On its own street, the home ranks 3rd out of 34 properties for both living area and lot size, and 5th for assessed value. That means it's one of the larger and more valuable homes on the block, but not unusually so — there are several neighbours with comparable or slightly larger footprints. The year built is about average for the street, so it fits in well with the surrounding housing stock.