Best Old House Neighborhoods 2012: Editors' Picks

Wolseley, Winnipeg, Manitoba, Canada

• The real-estate market is red-hot
• Walking distance from downtown Winnipeg
• A winter-sports paradise

The Neighborhood
It's appropriate that part of current-day Wolseley was once a turn-of-the-century amusement park called Happyland. The suburban Winnipeg neighborhood that developed around and eventually devoured the financially strapped park seems to bring as much glee to today's residents as it did to yesterday's roller-coaster riders. Its quiet, verdant streets, lined with towering elm trees and well-lived-in houses, exude an air of tranquility. "It's hard not to love this place," says Todd Sykes, who grew up here and now owns a house just a few doors down from his parents'. He points out how everyday life here recalls a simpler time: During the long winters, shacks selling hot chocolate still pop up on the frozen Assiniboine River to serve ice skaters and hockey players, and local kids tear themselves away from their PlayStations to toboggan down the same hills he did when he was young.

The Houses
Most were built in the early 1900s and are largely Queen Annes and other Victorian-era styles. Prices range from about $150,000 to $700,000 (USD). Houses are interspersed with handsome pre–World War II apartment buildings, built for the city's teachers, nurses, and small-business owners—a combination that has always made this neighborhood economically diverse.

Why Buy Here?
Unlike other cities of similar size, Winnipeg has continued to experience strong economic growth thanks to a diversified economy, which includes manufacturing, agriculture, and the aerospace industry. While Wolseley is within walking distance of downtown Winnipeg and its many amenities, its own picturesque shopping district on Westminster Street is home to organic grocery shops, bookstores, and bakeries.