Property Overview: 23 Manby Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This 1985-built home in River Park South presents a practical, value-oriented opportunity. With 1,084 sqft of living space, the home is more compact than many on its street and in the immediate neighborhood, but it sits close to the city-wide average. Its assessed value of $395,000 is consistently around the average for its street, neighborhood, and the broader Winnipeg market, indicating a stable, mid-range valuation. The lot size is slightly below average for the street but typical for the area.
The appeal lies in its balance and efficiency. It’s a home that doesn’t stand out for size or luxury, but for its relative affordability within a well-established neighborhood. Being newer than most Winnipeg homes is a plus for potential maintenance. It would suit first-time buyers or downsizers seeking an entry into a stable suburban community without a premium price tag, or an investor looking for a manageable property with steady, average value growth. A thoughtful perspective is that its "average" metrics across the board could mean less volatility and fewer surprises compared to properties that rank extremely high or low in certain categories.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,084 sqft, the living area is below the average for both Manby Avenue (1,299 sqft) and the River Park South neighborhood (1,410 sqft), but is closer to the Winnipeg city-wide average (1,342 sqft). It suggests a more compact, efficient floor plan.
2. Is the assessed value in line with the area?
Yes. The $395,000 assessment is very close to the street average ($415.6k) and neighborhood average ($447.2k), and is slightly above the city-wide average ($390.1k). This indicates the property is priced consistently with its context.
3. What is the history of sales for this property?
Records show it last sold between July 2020 for a price in the CA$300,000–$350,000 range. For fully verified sale history and exact figures, a manual lookup through the site is required.
4. How does the lot size impact the property?
The 4,867 sqft lot is slightly smaller than the street average (5,164 sqft) but is around average for the neighborhood. It offers typical suburban outdoor space without extensive maintenance demands.
5. Are there similar properties for comparison?
The listing references nearby homes on Manby Avenue and comparable properties like 555 Paddington Road, which shares the same year, living area, and a very similar assessed value ($392k), providing useful benchmarks.