189 Andrews Street – Property Summary
Key Characteristics & Buyer Fit
This is a compact, older home in Winnipeg’s William Whyte neighbourhood, built in 1906. With 1,088 square feet of living space on a 1,830-square-foot lot, it’s smaller than most comparable properties at every level—street, neighbourhood, and citywide. The assessed value of $125,000 reflects that, coming in well below the street average of $184,800 and far below the citywide average of $390,100. The rankings tell a clear story: the property ranks in the bottom half or bottom quarter across all four metrics (living area, assessed value, year built, land area).
Its appeal lies in affordability and potential. For buyers who are price-sensitive or looking to enter the market with a lower upfront investment, this home offers a rare price point in a city where the median home value is nearly three times higher. The neighbourhood itself is average-ranking in terms of living area and assessed value relative to other Winnipeg areas, meaning it’s not a standout, but it’s not an outlier either. The small lot and older construction suggest a property that may require ongoing maintenance or updates—buyers should factor that in.
This property would suit first-time buyers with a modest budget, investors looking for a low-cost rental or flip opportunity in an older neighbourhood, or anyone specifically seeking a smaller footprint and less land to maintain. It’s less suited for families needing space or buyers looking for a turnkey home with modern finishes.
Five Possible FAQs
1. How does the assessed value compare to similar homes in the area?
On the street, this home’s $125,000 assessment is well below the $184,800 average, ranking 52nd out of 59 homes. In the William Whyte neighbourhood, it’s closer to the median, ranking in the top 58%. Citywide, it falls in the bottom 1% of values, which reflects the home’s age and smaller size rather than any specific defect.
2. What does the small lot size mean in practice?
At 1,830 square feet, the lot is smaller than 93% of homes on Andrews Street and 98% of homes in the neighbourhood. That means limited outdoor space—no large backyard for gardening, play structures, or additions. On the upside, less land means less upkeep and lower property taxes.
3. Is the home’s age (1906) a concern?
Older homes often have charm, but also come with systems that may be outdated—plumbing, electrical, insulation, and foundation. The year-built ranking (90th percentile on the street, 98th citywide) confirms this is one of the older properties around. A thorough home inspection is essential to assess structural condition and any required upgrades.
4. Who typically buys homes like this in William Whyte?
Patterns in the area show a mix of first-time buyers with limited budgets, buy-and-hold investors seeking low entry points, and renovators looking to add value. The neighbourhood has average living space and values, so it’s not a high-demand area, but it’s accessible for those priced out of more central or newer districts.
5. How does this property compare to the citywide average for living space?
The home’s 1,088 square feet is about 19% smaller than the Winnipeg average of 1,342 square feet for comparable homes. It ranks in the top 62% citywide, meaning it’s smaller than most but not exceptionally tiny—just noticeably below the norm for a typical family home.