548 Manitoba Avenue – Property Summary

Key Characteristics & Who It’s For

This 1,976 sqft home, built in 1959, sits on a 3,548 sqft lot in Winnipeg’s William Whyte neighbourhood. What stands out here is the living space. On its own street and in the surrounding area, it ranks among the top 5% of homes for size—well above the local averages of 1,063 sqft and 1,158 sqft respectively. Citywide, it’s still in the top 11%, which means you’re getting a genuinely spacious interior by Winnipeg standards.

The assessed value tells a slightly different story. At $291k, it’s priced above most homes on Manitoba Avenue (top 22%) and is especially strong relative to the neighbourhood, where it lands in the top 2% of assessed values. But citywide, it sits below average—partly because land area here is modest compared to many Winnipeg properties. The lot, while typical for the street, is smaller than the citywide median, which holds back overall valuation.

This property suits buyers who prioritize interior square footage over lot size or curb appeal. It’s a good fit for families or owners who want room to spread out in a central, established neighbourhood without paying a premium for land. The year built (1959) puts it in a middle range locally—not the oldest, not the newest—so expect mid-century bones with potential for updating. The combination of generous living area and below-average citywide valuation suggests you may be buying space at a relative discount compared to other parts of Winnipeg.

Frequently Asked Questions

1. How does the living area compare to nearby homes?
On Manitoba Avenue, this home is in the top 3% for size, with nearly double the street’s average of 1,063 sqft. In the wider William Whyte area, it ranks top 5% against a neighbourhood average of 1,158 sqft. So yes, it’s significantly larger than most homes within walking distance.

2. Is the assessed value inline with the neighbourhood?
Actually, it’s well above the neighbourhood average of $149.1k—ranking top 2% locally. But keep in mind that assessed value reflects the city’s estimate, not necessarily market price. The gap between its strong local rank and below-average citywide rank shows how much values vary across Winnipeg neighbourhoods.

3. How much land does the property include?
The lot is 3,548 sqft, which is smaller than the average for Manitoba Avenue (about 4,014 sqft) but larger than many lots in the surrounding area (neighbourhood average: 3,277 sqft). Citywide, it’s on the smaller side—the median sits at 6,570 sqft. If you want a big yard for gardening or expansion, this likely isn’t the right fit.

4. What does the year built (1959) mean in practical terms?
It’s newer than most homes on the street and in the neighbourhood, where average build years are 1945 and 1927 respectively. This could mean fewer major structural surprises than a pre-war house, but you should still budget for updates—especially in areas like electrical, plumbing, and insulation, which may be original or near end-of-life.

5. How does this property rank citywide versus locally?
Locally, it excels—top tiers for living area and assessed value, and above average for year built. Citywide, it’s above average for living area (top 11%) but below average for assessed value and lot size. This is common for inner-city properties: you get more house per dollar, but land is often at a premium elsewhere in Winnipeg. If you care more about indoor space than outdoor space, the citywide rankings support that decision.