916 Wolseley Avenue

916 Wolseley Avenue

Key Characteristics & Buyer Profile

This is a 1,781 sqft home built in 1949 on a 3,361 sqft lot, located on Wolseley Avenue in Winnipeg's Wolseley neighbourhood. Its assessed value is $447,000.

What stands out here is the home's age relative to its surroundings. Built in 1949, it's newer than most homes on the street (top 7%) and in the neighbourhood (top 2%), where the average build year is 1925 and 1916 respectively. That matters because Wolseley is known for its older character homes — this one offers that character but with a more modern build that may require less structural updating.

The living area is solid for the neighbourhood: above the citywide average (top 18%) and around average for Wolseley itself, where homes tend to be roomy. The lot, however, is on the smaller side — below average both on the street and citywide. That's worth noting if yard space is a priority. The assessed value sits above the neighbourhood average but slightly below the street average, suggesting a reasonable price point for the area.

Who it suits: Someone who wants to live in a mature, established neighbourhood with older charm but doesn't want a house from the 1910s. A buyer who values indoor space over a large yard. Also suited to someone looking for a home that's already been assessed near the neighbourhood median, potentially offering more predictability for taxes and resale value.

Frequently Asked Questions

1. How does this home compare to others on Wolseley Avenue itself?
On its street, this home is newer than average (built 1949 vs. a street average of 1925) but has a smaller-than-average lot (3,361 sqft vs. 5,947 sqft). The living area and assessed value are both around the street median, meaning it fits in well with nearby homes in size and price.

2. Is the smaller lot size a disadvantage in this area?
It depends on your priorities. The lot is below average for Wolseley Avenue and for the city overall. However, it's roughly average for the Wolseley neighbourhood, where lots tend to be more compact. If you're looking for a manageable yard without extensive upkeep, this could actually be a practical choice.

3. What does the "top 2%" ranking for year built actually mean?
It means that out of 2,349 similar homes in the Wolseley neighbourhood, only about 51 are newer than this one. Most homes in the area were built much earlier, so this property offers a relatively modern foundation and construction compared to its neighbours, which could mean fewer major renovations needed right away.

4. How does the assessed value of $447,000 compare to Wolseley overall?
It's above the neighbourhood average of $371,300 (top 18%), which suggests the home is valued higher than many others in Wolseley. But it's below the street average of $514,700, so it's not at the top end for its immediate block. This could indicate a balance between location desirability and reasonable pricing.

5. Would this property appeal to someone looking for a character home?
Yes, but with a twist. Wolseley is known for early 20th-century character homes, and this 1949 build is still older than most citywide properties. A buyer gets the neighbourhood's mature trees and established feel, but with a house that's less likely to have the typical issues of a century-old home — like knob-and-tube wiring, old plaster, or outdated layouts. It's a middle ground between vintage charm and modern practicality.