569 Manitoba Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 2,392 sqft home built in 1963 on a 3,569 sqft lot, with an assessed value of $304,000. What stands out here is the living area. It ranks in the top 1% on its street and within the William Whyte neighbourhood, and in the top 4% citywide in Winnipeg. That means this property offers significantly more interior space than most homes around it—something rare in this part of the city, where the average living area in the neighbourhood is just over 1,150 sqft.
The assessed value tells a more layered story. At $304,000, it's well above the neighbourhood average ($149k) and above average for its street ($216k), but it falls into the bottom 30% citywide. That gap suggests the home offers strong value relative to the broader Winnipeg market: you're getting a large home in a neighbourhood where prices are still moderate. The lot size is close to the neighbourhood average but below citywide norms, which is typical for older, denser urban areas.
The year built (1963) is newer than most homes on the street and in the neighbourhood, where the averages are 1945 and 1927 respectively. This may mean fewer deferred maintenance issues compared to century-old homes nearby, though a 1960s build still comes with its own considerations (original mechanicals, windows, etc.).
Who it suits: This property makes sense for buyers who prioritize interior space over a large yard—families needing room to spread out, or someone looking for a fixer-upper or update project in a neighbourhood that's still relatively affordable compared to Winnipeg as a whole. It may also appeal to investors or flippers who see upside in a house that's already large but could be updated to command a higher value. Buyers should be comfortable with an urban lot size and an older home that likely needs some attention, even if it's newer than its neighbours.
Frequently Asked Questions
1. What does "Top 1%" for living area actually mean for day-to-day use?
It means this home has more than double the interior space of the typical house on its street and in the William Whyte area. So you're likely getting larger rooms, possibly more bedrooms or a bigger main floor layout, than most other homes within walking distance. That's unusual in an older urban neighbourhood, where many homes are under 1,200 sqft.
2. Why is the assessed value high for the neighbourhood but low for the city?
The neighbourhood average is very low ($149k), so this home stands out locally. But citywide, $304k is around the middle of the pack—many newer suburban homes in Winnipeg are assessed much higher. The takeaway is that this property is a relatively expensive home in a less expensive area, which could mean either good value or limited upside depending on how the neighbourhood changes.
3. Is a 1963 home considered old or new for this area?
It's newer than average. Most surrounding homes were built in the 1920s–1940s, so this house is roughly 20–40 years younger than its neighbours. That may mean a different construction style (e.g., no knob-and-tube wiring, possibly better insulation) but don't assume it's move-in ready. A home this age will still have original systems that may need updating.
4. The lot is below citywide average—will that feel cramped?
It depends on what you're used to. The lot (3,569 sqft) is actually a bit larger than the neighbourhood average (3,277 sqft), so it's generous for the area. But compared to newer suburban lots that often exceed 5,000 or 6,000 sqft, it's modest. If you want a big backyard or space for additions, this likely isn't the property. If you prefer less yard maintenance and more indoor space, it works well.
5. Can I see how this property compares to specific nearby homes?
Yes. There's a neighbourhood analysis tool mentioned on the property page that lets you view it on a map alongside nearby houses, comparing year built, living area, assessed value, and lot size in detail. That's useful for getting a real feel for how this home sits within its immediate block, not just broad statistics.