680 Manitoba Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 2018-built home in Winnipeg’s William Whyte neighbourhood. At 1,011 sqft of living space on a 3,550 sqft lot, the property is modest in size compared to citywide averages, but it ranks exceptionally well for its construction year — top 2% on the street and in the area, and top 4% citywide. The assessed value of $252,000 sits well above the neighbourhood median of $149,100, reflecting the premium attached to a newer home in an older area.
The appeal lies in the contrast: you get a recently built house in a neighbourhood where most homes were built in the 1920s–1940s. This means fewer immediate maintenance concerns, modern building standards, and likely better energy efficiency. The land area is slightly smaller than typical for the street but larger than many neighbouring lots, giving a bit more outdoor space without the upkeep of a big yard.
Best suited for: First-time buyers or investors looking for a newer, lower-maintenance home in a neighbourhood with upside. It’s less suited for someone seeking maximum square footage or a large lot. The home appeals to buyers who prioritize a move-in-ready build over character features, and who are comfortable in an area where the stock is older and values are still below citywide averages.
Frequently Asked Questions
1. Why is the assessed value so much higher than the neighbourhood average but still below the citywide average?
The neighbourhood (William Whyte) has a very old housing stock, so a 2018 build stands out significantly — hence the $252K value versus the area’s $149K average. Citywide, however, includes many newer and larger homes in higher-demand areas, so the property falls in the bottom 82% by value.
2. How does the living space compare to other similar properties nearby?
The 1,011 sqft is close to the street average (1,063 sqft) but below the citywide average (1,342 sqft). It’s a compact footprint, typical of newer infill builds in older neighbourhoods, where lots are smaller and zoning allows efficient layouts.
3. What does “ranked top 2% for year built” actually mean in practical terms?
It means only about 1 in 50 homes on the street (and in the area) were built as recently as this one. You’ll have a home with modern insulation, wiring, plumbing, and foundation — saving on immediate repairs compared to houses from the 1920s or 1930s. It also means the home is likely more straightforward to insure and finance.
4. Is the lot size an issue for resale?
Not necessarily. The 3,550 sqft lot is above average for the neighbourhood (3,277 sqft) but smaller than the street average. In older urban areas, smaller lots are common, and many buyers actually prefer a manageable yard. The key is that the home itself is new — that tends to matter more to buyers than lot size in this price range.
5. How was the neighborhood analysis data collected?
The rankings compare this property against 761 homes on Manitoba Avenue, 1,707 homes in the William Whyte area, and 194,458 comparable homes citywide. Data comes from assessed property records, so it reflects official city valuations and recorded characteristics — not subjective market estimates.