434 Manitoba Avenue

434 Manitoba Avenue – Property Summary

Key Characteristics & Buyer Profile

This 1,390-square-foot home on Manitoba Avenue in the William Whyte neighbourhood was built in 1903. It sits on a 3,482-square-foot lot. The property’s assessed value is $185,000.

The appeal here is mostly about space per dollar, not flash. The living area is notably generous for the street and neighbourhood—ranking in the top 13% on Manitoba Avenue and top 22% in William Whyte. The assessed value, however, tells a more interesting story. On the street, it’s around average ($185K vs. a street average of $216.6K). But in the neighbourhood, it ranks in the top 23% (neighbourhood average: $149.1K). Citywide, the value is below average—ranking in the bottom 6%—which reflects the older housing stock and smaller lot sizes common in this part of Winnipeg.

This property would suit buyers who value interior square footage over lot size or a modern structure. It’s a good fit for someone who wants a relatively spacious home in an established, older neighbourhood without paying a premium for a trendy location or a recently built house. The land area is on the smaller side for the street but typical for the neighbourhood, so outdoor space is modest. The age (over 120 years) means maintenance history and mechanical updates will matter more than rankings.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
On Manitoba Avenue, it’s close to the street average. In the William Whyte neighbourhood, it’s above average—ranking in the top 23%. Citywide, it falls well below the median, which reflects the older, smaller housing typical of this area.

2. Is the living area unusually large or small for this type of property?
The living area (1,390 sqft) is above average for both the street and the neighbourhood. On Manitoba Avenue, it ranks in the top 13%. Citywide, it’s roughly average. So it’s generous relative to its immediate surroundings but not exceptional in a broader context.

3. What does the year built (1903) mean for a buyer?
It’s an old house—older than 96% of homes on the street, 91% in the neighbourhood, and 99% citywide. This means potential issues with outdated electrical, plumbing, insulation, and foundation work. But it also means the home has character and structural materials (like old-growth lumber) that aren’t common in newer builds. A thorough inspection is essential.

4. How does the lot size affect usability?
At 3,482 sqft, the lot is below average for the street (4,014 sqft average) but about average for the neighbourhood (3,277 sqft). You won’t have a large yard, but the lot is typical for the area. If you’re looking for a big garden or room for an addition, this might feel tight.

5. Why is the assessed value lower than the city average but high for the neighbourhood?
The neighbourhood (William Whyte) has a relatively low median assessed value ($149.1K), so this home sits above that. Citywide, the median is $390.1K, which pulls in many newer, larger homes in higher-demand areas. This property’s value reflects the older age, smaller lot, and location—not necessarily the condition or interior quality.