55.1
Fair
Property score
55.1
Fair
Overall 55.1
Larger than most nearby homes
1,408 sqft (top 22%)
Built in 1907 (20 yrs older than avg)
Located in a average-income area
with median household income of ~58k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 2 dining spots, 4 schools, 1 healthcare facility, and 4 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
22% larger than neighborhood avg.
Year Built
Near average
20 yrs older than neighborhood avg.
Mother tongue
English · 67%Tagalog · 17%
Past 10 years William Whyte sales snapshot (~80% of all data)
703
117k
$87/sqft
1927
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55.1 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: #46110057
$58K
Median household income
$62K
Average household income
25%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
26%
Single-person households
26%
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
504 Manitoba Avenue — 21 amenities found within 500 m, across 7 categories, including 2 dining (nearest 302 m), 4 education (nearest 65 m), 1 healthcare (nearest 266 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 2% | Bottom 10% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1,408 sqft home built in 1907, situated on a 2,901 sqft lot in Winnipeg’s William Whyte neighbourhood. What stands out is the living space: it's above average for both the street and the neighbourhood—about 345 sqft larger than nearby homes on Manitoba Avenue, and roughly 250 sqft above the William Whyte average. That extra room is the property’s main draw, especially for someone who values interior space over lot size.
The assessed value is $146,000, which is notably lower than the street average of $216,600 and well below the citywide median of $390,100. This is partly explained by the home’s age (117 years old) and its modest land area—both of which rank in the bottom quartile citywide. The lot is small, even by neighbourhood standards, so there’s not much outdoor space to work with.
The appeal here is straightforward: you get a relatively spacious interior on a small footprint, at a price point that’s well under the city average. It would suit a buyer who wants more square footage than the typical starter home but isn’t concerned about having a yard or a newer build. Investors or first-time buyers comfortable with an older home and its potential maintenance needs may find the value proposition worth a closer look. It’s less suited for someone who prioritizes land, modern construction, or a high-appraisal property.
1. Why is the assessed value so much lower than the city average?
Two main factors: the home is old (1907), and the lot is small (2,901 sqft). Citywide, both the year built and land area rank in the bottom 10%, which drags the assessed value down relative to newer, larger-lot homes elsewhere in Winnipeg.
2. Is the above-average living area actually usable, or is it layout-driven?
At 1,408 sqft, the interior is genuinely spacious for the area—ranking in the top 13% on the street and top 22% in the neighbourhood. Without floor plans, it’s hard to say how efficiently that space is laid out, but the raw square footage is well above what’s typical for comparable homes nearby.
3. What does “ranked top 97% citywide” for assessed value mean when the value is low?
It means the property is in the bottom 3% of all Winnipeg homes by assessed value—only about 5,300 homes are valued lower. The ranking confirms it’s one of the most affordable properties in the city, not just relative to the street or neighbourhood.
4. How does the 1907 year built affect practical ownership?
Older homes often come with older systems—electrical, plumbing, insulation, foundation—that may need updating. The good news is the neighbourhood average year built is 1927, so this home isn’t an outlier in its area. Still, a thorough inspection is wise, especially for a property this old.
5. What kind of buyer typically looks at a property like this?
Someone who prioritizes interior space and a low purchase price over a big yard or a modern build. It could suit an investor looking for a rental with decent square footage, a first-time buyer willing to renovate, or anyone who values location flexibility over land size. It’s not ideal for families needing outdoor space or buyers wanting a turnkey property with recent construction.
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