539 Manchester Boulevard N – Property Summary
Key Characteristics & Buyer Profile
This is a 1,464 sqft home built in 1947 on a 5,116 sqft lot, with an assessed value of $373,000. The property sits in the Wildwood neighbourhood of Winnipeg.
The appeal here is largely about value rather than standout features. The living area is slightly above average for the street and city-wide, but the assessed value is notably below the neighbourhood average of $568,200. That gap suggests a property that may need some updating or has less curb appeal than its neighbours, but also a potential entry point into an area where comparable homes are valued significantly higher.
The year built is older than the city-wide average (1947 vs 1966), and the lot is smaller than typical for both the street and neighbourhood. This is not a "turn-key" or premium lot situation. What it offers is a functional amount of indoor space at a price point that undercuts much of what surrounds it.
This property would suit a buyer who is comfortable with an older home and wants to get into Wildwood without paying the neighbourhood's median price. It could also work for someone looking for a renovation project in a desirable area, provided they are realistic about the lot size. It is less suited for buyers seeking a large yard, a newer build, or a home that already matches the top-end finishes of nearby properties.
Frequently Asked Questions
1. How does the assessed value compare to the neighbourhood average?
The assessed value is $373,000, which is well below the Wildwood neighbourhood average of $568,200. It ranks in the bottom 7% of the neighbourhood by value.
2. Is the living space considered small for this area?
No. At 1,464 sqft, it is close to the street-level average of 1,454 sqft and slightly above the city-wide average of 1,342 sqft. It ranks in the top 45% on its street and top 33% city-wide.
3. The lot is listed at 5,116 sqft. How does that compare?
It is smaller than both the street average (5,960 sqft) and the neighbourhood average (9,032 sqft). On the street, it ranks in the bottom 16% for lot size.
4. What does the "year built" analysis actually mean for a 1947 home?
It means the home is older than the city-wide median (1966), but not unusually old for Wildwood—the neighbourhood average is 1950. It ranks in the top 19% of the neighbourhood by age, meaning many surrounding homes are newer, but a significant number are from the same era.
5. How are the rankings and colour-coded bars calculated?
The rankings compare this property to similar homes within three scopes: the same street, the neighbourhood, and the entire city. A higher rank (closer to #1) means the property outperforms more peers in that category. The fill length on the bar represents the proportion of peers it outperforms, and the colour (red, blue, amber, or gray) indicates a tier—such as well above average, average, or below average. For land and living area, larger is better; for year built, newer is better; for assessed value, higher is better.