325 Manitoba Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a compact, older home in Winnipeg’s William Whyte neighbourhood with notably generous interior space for its era. The living area (1,420 sqft) ranks in the top 13% on its street and top 21% locally, meaning it offers more room than most nearby homes built around the same time. The assessed value ($153,000) is below the street average but lands close to the neighbourhood median, so the price reflects the local market rather than a premium for the extra square footage.
Where the property stands apart is age. Built in 1883, it ranks among the oldest 1% of homes on its street, in its area, and citywide. This won’t appeal to everyone. The lot is also small (2,699 sqft), ranking in the bottom 10% locally. You get a larger house on a smaller piece of land.
This property best suits a buyer who values character and interior space over yard size or a modern build. It could work well for someone looking to restore a late-19th-century home, or for an investor who sees potential in a structure with above-average square footage at a below-average valuation. Families needing a bigger house on a budget might also find it practical, provided they’re comfortable with an older home’s maintenance realities.
Frequently Asked Questions
1. How does the assessed value compare to similar homes in the area?
The assessed value of $153,000 sits just above the neighbourhood average of $149,100. On its own street, it’s below the $216,600 average, likely because many nearby homes are newer and on larger lots. For this area, the valuation is typical.
2. What does the living area ranking actually mean for daily use?
The 1,420 sqft places it in the top 13% on Manitoba Avenue. Most homes in this part of William Whyte are around 1,000–1,150 sqft, so you’re getting roughly 30% more interior space than the typical neighbour. That extra room usually shows up in larger bedrooms or a more generous main floor layout.
3. Is a house built in 1883 likely to have major issues?
Yes, it’s a 140+ year-old structure, and age brings risks such as outdated electrical, knob-and-tube wiring, foundation settling, or lead plumbing. The rankings confirm it’s significantly older than almost everything around it, so a thorough inspection from someone familiar with pre-1900 construction is strongly recommended before purchase.
4. How usable is a 2,699 sqft lot?
It’s smaller than most—ranking in the bottom 10% locally—so you won’t have a deep backyard or room for large additions. For a buyer who wants a manageable yard without heavy upkeep, it’s fine. If you’re hoping to garden, park multiple vehicles, or build a garage, the space will feel tight.
5. What is the neighbourhood like for resale or investment?
William Whyte is an older, denser area with a mix of century homes and infill. The below-average land size limits upside from land appreciation, but the larger-than-average living area at a near-average valuation means you’re not overpaying for the structure. Resale would likely appeal to the same buyer profile: someone who prioritises interior space over lot size and doesn’t mind an older home.