173 Mckenzie Street

William Whyte, Winnipeg

Property score

28.4

Below average

Overall 28.4 · Smaller than most nearby homes

818 sqft (bottom 20%) · Built in 1907 (20 yrs older than avg)

Located in a below-average income area with median household income of ~39.6k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 4 schools, 1 healthcare facility, and 1 shop nearby

Living Area

Below average

29% smaller than neighborhood avg.

Year Built

Near average

20 yrs older than neighborhood avg.

Mother tongue

English · 69%Tagalog · 5%

Past 10 years William Whyte sales snapshot (~80% of all data)

Sold Count

703

Median price

117k

$/sqft

$87/sqft

Avg build year

1927

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Property score

28.4 is composed by the two sections below.

Property Score

31.0Low
Living Area32
818 sqftLow
Year Built10
1907Low
Lot Size46
3,547 sqftLow
Neighbourhood Sales Activity59
Fair

Community Score

24.5Low
Household Income35
Low
Education Level10
Low
Housing Stress30
Low
Core Housing Need5
Low
Employment Health15
Low

Neighbourhood Sales

William Whyte

How to read: Share of sales in each ~$50k price band for “william whyte” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110058

Community deep dive

$40K

Median household income

$44K

Average household income

37%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.3

P90 / P10 ratio

44%

Single-person households

12%

Families with children

Population, labour & age

Population (2021)536
Labour force participation rate43%
Median age38.4
Avg household size2.3
Unemployment rate25%
Population density7657 / km²

Households & income

Low income (LIM-AT, % pop.)37%
Single-person households44%
Couple families with children12%
Median household income (2020)$40K

Housing

Renter households84%
Condominium dwellings0%
Median dwelling value (owners)

Diversity, education & language

Immigrants (share of pop.)28%
Visible minority29%
Bachelor's or higher (25–64)4%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
818 sqft
0255075100
Same streetBottom 36%Same areaBottom 20%CitywideBottom 10%
Same street · Mckenzie Street
#51 / 80
Bottom 36% · Avg 1,046 sqft
Same area · William Whyte
#1,372 / 1,707
Bottom 20% · Avg 1,158 sqft
Citywide · Winnipeg
#174,490 / 194,458
Bottom 10% · Avg 1,342 sqft

Tax-Assessed Value

below average
82k
0255075100
Same streetBottom 9%Same areaBottom 9%CitywideBottom 1%
Same street · Mckenzie Street
#73 / 80
Bottom 9% · Avg 183.7k
Same area · William Whyte
#1,561 / 1,707
Bottom 9% · Avg 149.1k
Citywide · Winnipeg
#194,100 / 194,458
Bottom 1% · Avg 390.1k

Year Built

around average
1907
0255075100
Same streetBottom 1%Same areaBottom 40%CitywideBottom 4%

Lot Size

above average
3,547 sqft
0255075100
Same streetTop 35%Same areaTop 24%CitywideBottom 20%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

173 Mckenzie Street — 16 amenities found within 500 m, across 6 categories, including 4 dining (nearest 249 m), 4 education (nearest 239 m), 1 healthcare (nearest 429 m).

Search radius
🍽️Dining4
🏫Education4
🏥Healthcare1
🛒Shopping1
🌳Parks2
Worship4

Crime & Safety

William Whyte · WPS public data · 2026

Annual incidents

160

2026

vs. city avg

+442%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

50%

Sales History

Sold 7/2016CA$50k–100k
Sold price

Same street

Bottom 4%

Same area

Bottom 6%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 173 Mckenzie Street, Winnipeg

173 McKenzie Street – Property Summary

Key Characteristics and Buyer Profile

This is a compact, older home in Winnipeg’s William Whyte neighbourhood. The living area is 818 square feet—smaller than average for the street, the neighbourhood, and the city as a whole. The property was built in 1907, making it one of the older homes on McKenzie Street and in the broader city context.

Where this property stands out is its land. The lot is 3,547 square feet, which is slightly above average for the street and well above average for the neighbourhood (top 24%). That matters more than the house size for certain types of buyers—especially those willing to renovate, add on, or hold land in an older central Winnipeg area.

The assessed value is $82,000, which is very low relative to the street, neighbourhood, and city averages. This isn't necessarily a sign of poor condition—it reflects the small living area, age, and the general valuation trends in this part of the city. For a buyer, it means lower property taxes and a lower entry price, but also limited resale comparables at that figure.

Who this suits: Buyers who are comfortable with an older, small home and are more interested in lot size and location than move-in-ready square footage. It may appeal to investors looking for a teardown or major renovation on a good-sized lot in a neighbourhood with older housing stock. It is less suited to someone seeking a turnkey family home or a property that compares well to newer suburban builds.


Frequently Asked Questions

1. Why is the assessed value so low compared to the street and city averages?
The assessed value reflects the small living area, the home’s age (1907), and the general market in William Whyte. The street average is pulled up by larger, newer, or higher-value homes. Citywide, $82,000 is near the bottom because most Winnipeg homes are larger and newer. That said, low assessment means lower annual property taxes.

2. Is the small living area a problem for resale?
It can be, depending on the buyer. At 818 sqft, it's below the typical starter home in Winnipeg. However, the lot size gives flexibility—buyers could add an extension, build a new house, or simply use it as a smaller home. Resale is more about whether the next buyer sees the land as the asset.

3. How does the age of the home affect maintenance and insurance?
Homes from 1907 often have older wiring, plumbing, and foundations. Some insurance companies charge higher premiums or require inspections for pre-1950 homes. It's worth getting a thorough inspection and quotes before committing. The up side is that older homes in this area often have solid brick or stone construction and good bones.

4. What is the neighbourhood like for investment or development?
William Whyte is an older inner-city neighbourhood with a mix of rental properties and owner-occupied homes. Land values here are relatively low, but the lot size at 3,547 sqft is appealing for infill development or a side-by-side duplex conversion (if zoning permits). It's not a high-demand area like River Heights or St. Vital, so rental yields may be lower, but entry costs are also much lower.

5. How does this property compare to similar homes on nearby streets?
On McKenzie Street itself, it's around average for living area but below average for assessed value and year built. On neighbouring streets in William Whyte, the land size is a strong point—most lots in this area are 3,200–3,400 sqft. If you're looking at comparables, focus on lot size and potential, not just finished interior space.