Property Overview: 775 Manhattan Avenue, East Elmwood, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 1956, offers a practical and well-proportioned living space in a mature Winnipeg neighbourhood. Its primary appeal lies in its above-average scale and established setting. With 1,456 sqft of living area, the home is notably more spacious than most on its street and in East Elmwood, ranking in the top 14% locally. The property sits on a generous 4,496 sqft lot, providing ample outdoor space relative to the area. A key feature is the renovated basement, adding functional living space. The home includes a detached garage.
The property suits buyers looking for a solid, roomy home in a no-frills, established community. It’s ideal for those who value interior space and a larger yard over a newer build or a central city location. The assessed value is modest compared to the city-wide average, suggesting a potentially accessible entry point into the market for a home of this size. A thoughtful perspective is that this home represents a "value of space" proposition—you get more square footage for your dollar here than in many parts of the city, which is a trade-off some buyers actively seek.
Frequently Asked Questions
1. How does this home compare to others on the street?
It stands out for its size. It has significantly more living space (top 8% on Manhattan Ave) and a newer build year (top 20%) than most direct neighbours, while its assessed value is around the street average.
2. Is the assessed value a reliable indicator of the likely sale price?
Not directly. The assessed value for municipal tax purposes is $25,200, which is well below the city-wide average for homes. Recent sale prices for the home itself (2019: $213,000; 2016: $196,000) are more relevant indicators of market value.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or layout. This is a key detail to request from the selling agent to understand the home's full functional space.
4. Who would this neighbourhood suit best?
East Elmwood appeals to those seeking a quiet, residential community with a classic Winnipeg character. It's well-suited for families or individuals who prioritize a sense of space—both inside the home and in the yard—and who may work or have connections in the city's northeast or central areas.
5. Are there any obvious concerns from the data?
The home's age (70 years) means prospective buyers should pay particular attention to the condition of major systems like roof, plumbing, and wiring. The city-wide ranking for assessed value (top 82%, meaning it's in the lower tier) primarily reflects the neighbourhood's overall affordability rather than the condition of this specific property.