49.0
Below average
Property score
49.0
Below average
Overall 49.0
Older than most nearby homes
1,232 sqft (top 34%)
Built in 1904 (23 yrs older than avg)
Located in a average-income area
with median household income of ~52k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 1 dining spot, 2 schools, 3 healthcare facilitys, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
6% larger than neighborhood avg.
Year Built
Below average
23 yrs older than neighborhood avg.
Mother tongue
English · 71%Tagalog · 5%
Past 10 years William Whyte sales snapshot (~80% of all data)
703
117k
$87/sqft
1927
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49.0 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110066
$52K
Median household income
$56K
Average household income
31%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
30%
Single-person households
13%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
265 Manitoba Avenue — 14 amenities found within 500 m, across 7 categories, including 1 dining (nearest 230 m), 2 education (nearest 256 m), 3 healthcare (nearest 156 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 18% | Bottom 46% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1904-built home with 1,232 sqft of living space on a 3,554 sqft lot, currently assessed at $138,000.
What stands out: The living area is a genuine strength. It's above average both on the street (top 21%) and in the William Whyte neighbourhood (top 34%). The lot is also notably generous for the area—top 20% among nearby homes—which is unusual for a property this age. Many older homes in Winnipeg sit on narrower or more irregular lots, so this gives you more flexibility for yard space, a garage, or future additions if zoning allows.
The flip side: The assessed value is low, even by local standards. On Manitoba Avenue, it ranks in the bottom 17%, and citywide it's near the very bottom (top 98% of lowest-valued properties). That partly reflects the home's age, but it also suggests the interior may need meaningful updating or that the market hasn't yet priced in the larger lot. The year built (1904) puts it among the older homes on the street and in the city—this isn't a turnkey property for someone wanting modern finishes and low maintenance.
Who it suits: Buyers who are comfortable with a renovation project or who have the skills to update a home themselves. The low assessed value and larger-than-average lot create potential upside if you can improve the interior condition. It's less suited to someone looking for a move-in-ready home or a property with guaranteed resale in the short term. First-time buyers with a budget under $150,000 and some renovation experience could find this attractive. Investors might see the land-to-building ratio as a longer-term play, but the neighbourhood's resale track record would need careful research.
1. Why is the assessed value so much lower than the citywide average?
The $138,000 assessment reflects this home's age (1904) and its likely condition relative to other Winnipeg properties. A 120-year-old house typically requires more maintenance, and the assessed value has not risen in the same way as newer or renovated homes. However, the lot is larger than most in the area, which might not be fully captured in the current assessment.
2. How old is the house, and what should I expect with a 1904 build?
It's over a century old. That means you can expect original construction methods (possibly knob-and-tube wiring, cast iron plumbing, or lath and plaster walls). Some systems may have been updated over the years, but an inspection is essential. Older homes often have good bones—thick wood framing, solid foundations—but they also tend to need ongoing attention to roofing, windows, and insulation.
3. Is the neighbourhood improving or declining?
William Whyte is generally considered an older, lower-income area of Winnipeg with a mix of rental and owner-occupied properties. It's not seeing the rapid reinvestment seen in some inner-city neighbourhoods like the West End or North Point Douglas, but it's also not in steep decline. Proximity to downtown (about 2 km) and the property's larger lot could appeal to buyers betting on gradual long-term change, but it's not a gentrifying hotspot.
4. Would this property qualify for a conventional mortgage?
Most lenders will finance a home of this age and value, but they typically require a property inspection and may ask for a higher down payment if the home is in poor condition. Because the assessed value is low, a mortgage might cover most of the purchase price, but any renovations would likely need separate financing. It's worth confirming with a local lender who knows the Winnipeg market.
5. What's the potential resale value down the line?
That depends almost entirely on what you do to the house. If you update the interior significantly (kitchen, bathroom, mechanicals) and maintain the larger lot, you could increase the assessed value—and resale price—beyond what the street average suggests. But the neighbourhood's overall market sets a ceiling. Don't expect citywide appreciation rates; the property's value is more closely tied to William Whyte's local demand than to Winnipeg's broader trends.
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