383 Manitoba Avenue – Property Summary
Key Characteristics & Buyer Profile
This 1,440-square-foot home, built in 1917, sits on a 3,561-square-foot lot in Winnipeg’s William Whyte neighbourhood. Its standout feature is living space: it’s larger than 88% of homes on its street and 80% of homes in the immediate area. The assessed value of $151,000 is notably modest—below average for the street, but essentially average for the neighbourhood, and well below the citywide norm. The lot is generous by local standards (top 18% in the area), though smaller than typical citywide parcels. The property’s age is consistent with other homes nearby.
The appeal here is straightforward: you get relatively spacious interior square footage on a good-sized lot, at a price point that remains accessible. For buyers, this isn’t a flashy or turnkey property—it’s a solid foundation in an older, established part of the city, where the trade-off is character and space for a lower entry cost. It would suit first-time buyers looking for more room than typical starter homes offer, or investors seeking a property with decent bones in a neighbourhood that’s still finding its footing. The low assessed value relative to living area suggests potential for added value through updates, but that’s a longer-term play, not a quick flip.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
On the street, this home is below average—many neighbours are valued higher. But in the wider William Whyte area, it’s right around the neighbourhood average of $149,100. The citywide comparison (top 97% lowest value) reflects that this is a genuinely affordable property relative to Winnipeg as a whole.
2. Is the living area unusually large for a home this age?
Yes, especially for the street. At 1,440 sqft, it’s roughly 35% larger than the typical home on Manitoba Avenue. That’s notable for a 1917 build, which often means more modest floor plans. It’s not a mansion, but it offers noticeably more room than its immediate neighbours.
3. How does the lot size affect usability?
The lot is above average for the neighbourhood (top 18%) but below average citywide. In practice, that means a decent-sized yard for an older urban property—enough for a garden, small shed, or outdoor sitting area. Don’t expect sprawling suburban space, but it’s more generous than many comparable inner-city lots.
4. What should I know about the year built?
1917 places it among the older homes in the area, but not unusually so for the neighbourhood (average year built nearby is 1927). Citywide, most homes are newer (average 1966). Older construction often means solid materials, but also potential for outdated systems, insulation, or foundation work. A thorough inspection is wise.
5. Who typically buys in this part of William Whyte?
It attracts a mix: first-time buyers priced out of trendier areas, investors banking on gradual neighbourhood improvement, and people who want space without the suburbs. It’s not a high-demand market yet, but the combination of low entry cost and decent square footage keeps it moving. Patience and some DIY comfort help.