210 Powers Street – Property Summary
Key Characteristics & Buyer Profile
This 1956 home on Powers Street offers 1,516 square feet of living space on a 2,727-square-foot lot, with an assessed value of $178,000. The standout feature is its generous interior—it's one of the largest homes on the street (top 7%) and well above average for the William Whyte neighbourhood. That means more room than most nearby properties, without the price tag of a larger citywide home. The year built is also relatively recent for the area—most homes on Powers Street date to the 1920s, so this one avoids some of the maintenance headaches that come with much older houses.
The trade-off is land. The lot is smaller than typical for the neighbourhood (top 83%) and significantly smaller than the citywide average. Buyers who value indoor square footage over a big yard will get the best deal here. The assessed value sits slightly above the street and neighbourhood averages, but well below the citywide median—reflecting the property's modest lot and location.
Who it suits: First-time buyers or small families who want a move-in-ready home with decent space indoors, don't need a large garden, and are comfortable in an older, inner-city neighbourhood where lots are generally smaller. Also a good fit for someone who wants to avoid the premium for a newer suburban home but still wants something built after the 1920s.
Frequently Asked Questions
1. How does the assessed value compare to similar homes in Winnipeg?
At $178,000, it's below the citywide average of $390k for comparable homes (bottom 94%). That reflects the smaller lot and the William Whyte neighbourhood's price profile, not a problem with the house itself. You're paying well under the city median for a living space that's actually above the citywide average.
2. Is the small lot a concern for resale?
It depends on the buyer. On this street, a 2,727 sqft lot is around average (top 39%), so it's not unusual locally. But citywide and even neighbourhood-wide, it's on the smaller side. If most future buyers in this area want more yard space, it could be a slower sell. However, the large living area is a strong counterbalance.
3. What does the year built (1956) mean for maintenance?
Being newer than most nearby homes (which average 1921), you're less likely to face old foundation issues, knob-and-tube wiring, or lead pipes. But it's still nearly 70 years old. Expect typical mid-century home upkeep: you'll want to check the roof, furnace, windows, and electrical panel. It's not a "new build," but it's more predictable than a century home.
4. How does the neighbourhood (William Whyte) compare to others?
The property ranks in the top 16% for living area in the neighbourhood, meaning it's one of the roomier homes there. William Whyte is an older, established area with smaller lots and a mix of housing. The assessed values here are below many other Winnipeg neighbourhoods (top 27%), so it's an affordable entry point into homeownership with decent space.
5. Is this property a good investment?
The numbers suggest it's priced below citywide averages while offering above-average living space. That can be a solid value play if the neighbourhood holds or appreciates. But the small lot and below-median assessed value mean you're unlikely to see rapid price jumps. It's more of a stable, affordable home than a high-growth asset.