Property Overview: 1048 Manahan Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Manahan Avenue in the Maybank neighbourhood presents a grounded, mid-century property built in 1954. With 932 sqft of living space on a 5,328 sqft lot, its metrics are consistently "around average" when compared to its immediate street, the wider Maybank area, and the city as a whole. This isn't a standout in size or assessed value, but rather a stable and typical offering for its locale.
The appeal lies in its predictability and established setting. It suits a practical buyer—perhaps a first-time homeowner, a downsizer, or an investor—who values a straightforward property without extreme peaks or valleys in its profile. The lot size is a notable positive, offering decent outdoor space that is above the citywide average for similarly valued homes. Its last known sale was between 2016 and 2019, suggesting a longer-term owner, which can sometimes indicate a well-maintained home. This is a property for someone seeking a comfortable entry into a mature neighbourhood without the premium price tag of a top-tier or newly renovated home, and who may see potential in the solid lot size.
Section 2: Frequently Asked Questions
1. What does "around average" in all the rankings really mean for a buyer?
It means the property is very typical for its area. You're not overpaying for an exceptionally large lot or modern home, nor are you getting a deal on an unusually small or undervalued one. It suggests a stable, predictable investment that should align closely with neighbourhood norms.
2. How does the lot size compare to newer homes?
At over 5,300 sqft, the lot is actually more generous than many modern infill properties. This is a less obvious advantage, offering more outdoor space and potential (like gardening, expansion, or simply more distance from neighbours) than you might find in a newer subdivision for a similar price.
3. The home was built in 1954. What should I be mindful of?
While the rankings show its age is typical for the city, a home from this era may have original plumbing, electrical, or insulation. A thorough inspection is crucial to understand if major systems have been updated or if there are upcoming maintenance considerations common to houses of this vintage.
4. Why is the exact sold price from 2019 not publicly listed?
The precise sale price is often held in proprietary databases. The provided range is based on public data, and the listing service offers to provide the exact figure manually via email to ensure accuracy and compliance with data-sharing rules, not as a marketing gimmick.
5. The assessed value is notably lower than the citywide average home value. Does that indicate a problem?
No. The assessed value is for municipal tax purposes and is best compared to similar homes. This property's assessment is consistently average against its direct peers on the street and in Maybank. The citywide average is skewed higher by much newer and larger homes in different market segments. For this neighbourhood and home type, the assessment is in line with expectations.