441 Manitoba Avenue – Property Summary
Key Characteristics & Ideal Buyer
This is a 1915 home with 720 square feet of living space and a 3,563-square-foot lot. The property ranks small by both citywide and local standards—living area is in the bottom 5% across Winnipeg and below average on its own street. Its assessed value of $113,000 reflects this, coming in well under the Manitoba Avenue average of $216,600 and the citywide average of $390,100.
What stands out is the land. While the lot is not large by city standards, it ranks in the top 16% within the William Whyte neighbourhood, meaning it offers more outdoor space than most nearby properties. The house itself is older (built the same year as many neighbours, but earlier than most city homes) and modest in size.
The appeal here is pragmatic. This is not a turnkey family home or an investment targeting rapid appreciation. It suits a buyer who is comfortable with a smaller footprint, values outdoor space relative to the neighbourhood, and is looking for an entry point into Winnipeg’s market at a low assessed value. The price-to-size ratio may also appeal to someone planning renovations, as the land base gives room to expand while the low valuation keeps property taxes manageable. It is not a property that will compete on square footage or prestige, but it offers a foothold in an established area without overpaying for space you do not need.
Frequently Asked Questions
1. How does the living space compare to other homes in the area?
The home’s 720 sq ft is below the street average of 1,063 sq ft and the neighbourhood average of 1,158 sq ft. It ranks in the bottom 12% on its street and bottom 11% in William Whyte. If you need a lot of interior room, this is not that house.
2. Is the assessed value unusually low, and what does that mean for taxes?
The assessed value of $113,000 is significantly below the street average ($216,600) and the citywide average ($390,100). Property taxes are based on assessed value, so the annual tax bill will be proportionally lower. However, reassessments can change this over time.
3. The lot is 3,563 sq ft. Is that considered large or small?
It depends on the comparison. Citywide, it is below average (6,570 sq ft average). On the street, it is roughly average. But within the William Whyte neighbourhood, it is above average and ranks in the top 16%. So relative to nearby homes, you get more yard space.
4. What condition is a 1915 house likely in?
The data does not include condition details. Homes built in 1915 vary widely—some have been updated, others are original. You would need an inspection to assess foundation, wiring, plumbing, insulation, and roof. Older homes often have solid bones but require maintenance.
5. Who typically buys a property like this?
First-time buyers looking for an affordable entry into Winnipeg, buyers who prioritize a larger lot over interior size, or investors interested in the land value. It may also suit someone planning a renovation or addition, since the low assessed value keeps costs down while the lot offers expansion room.