170 Manitoba Avenue

Property Overview & Key Characteristics

This one-storey home on a 3,715 sqft lot in North Point Douglas presents a straightforward opportunity. Built in 1946, its 924 sqft living area is compact, and it features a detached garage and an unrenovated basement. The appeal here is largely rooted in value and potential. The property's assessed value is notably low, ranking in the top 4% for Winnipeg, suggesting a very accessible entry point into the market. The lot size is above average for both the street and neighbourhood, offering good outdoor space relative to the home's footprint.

Its character suits practical buyers looking for a foundation to build upon. It’s a fit for an investor seeking a rental property with a low cost basis, a first-time buyer comfortable with a project, or someone interested in the neighbourhood's central location and future development potential. A less obvious perspective is that the unrenovated state provides a clear, uncomplicated starting point without paying a premium for someone else’s possibly dated renovations. The home’s basic condition and strong lot-to-house ratio make it more about the asset and location than the current interior finishes.

Frequently Asked Questions

What does the assessed value ranking mean?
An assessed value in the top 4% for Winnipeg means it is among the lowest 4% of all city properties. This indicates a very low municipal tax assessment, which typically translates to lower property taxes.

Is the basement finished or usable?
The listing specifies the basement exists but is "not renovated." Buyers should anticipate it being in a rough, unfinished state suitable for storage or future development, not immediate living space.

How does the lot size compare to nearby homes?
At 3,715 sqft, the lot is larger than approximately 60% of properties on the same street and in the wider neighbourhood, which is a relative strength for outdoor space or expansion.

What is the neighbourhood like?
North Point Douglas is a historic, central neighbourhood. The listing shows several viewed-also properties here with a wide range of sizes, values, and conditions, indicating an area with diverse housing stock and active buyer interest.

Why is the year built ranking high despite the home's age?
While the home is 80 years old, it ranks newer than about 80% of homes in its immediate neighbourhood. This suggests the surrounding area contains many heritage properties, making a 1946 build relatively "newer" in that specific context.