Property Summary: 750 Selkirk Avenue, Winnipeg

Key Characteristics & Buyer Profile

This is a small, older home in the William Whyte neighborhood that ranks very low for both size and assessed value against every comparison group—street, area, and city-wide. The living area is 618 square feet, which places it in the bottom 1–4% of comparable homes depending on the scope. The assessed value of $71,000 is similarly low, well below the neighborhood average of $149,100 and far below the city-wide average of $390,100.

The appeal here is primarily price-driven. For a buyer with a very limited budget or someone looking for a low-cost entry point into homeownership, this property sits at the extreme low end of the market. The land area of 2,831 square feet is also below average but not as extreme, ranking in the bottom 20% on the street and in the neighborhood. That means the land-to-building ratio is relatively generous for such a small house, which could matter to someone thinking about long-term potential or future redevelopment.

The year built is 1907, making it one of the older homes on the street and in the city, but roughly average for the immediate neighborhood. Buyers should be prepared for the realities of an early-1900s structure—older systems, possible foundation or insulation issues, and a layout that may feel tight.

This property would suit a hands-on buyer willing to renovate or gradually improve a small, older home. It would not suit someone looking for move-in-ready space, modern finishes, or a home that holds strong resale value in the near term. It may also appeal to an investor looking for a low-cost rental property in a neighborhood where rents are modest but demand exists.

Frequently Asked Questions

1. Why is the assessed value so much lower than the neighborhood average?
The property’s small living area and older age are the main factors. Assessed value is based on comparable sales and property characteristics, and this home is significantly smaller than most others in William Whyte and across the city. Low assessed value also means lower property taxes, which can be a practical advantage for a budget-conscious buyer.

2. Is the land area large enough to expand the house?
At 2,831 square feet, the lot is below average for the neighborhood but not unusually small for an older urban lot in Winnipeg. Whether you can add square footage depends on zoning, setback requirements, and the condition of the existing structure. It’s not a big lot, but for a 618-square-foot house, it leaves some room for potential additions or a garage.

3. How much renovation might this house need?
That’s impossible to say without an inspection, but a 1907 home at this price point typically requires significant work. Expect outdated electrical, plumbing, and heating, and possibly foundation or roof issues. The low assessed value suggests little has been invested in updates recently.

4. How does this property compare to others on Selkirk Avenue specifically?
It ranks near the very bottom—453rd out of 456 homes for assessed value and 442nd out of 456 for living area. That means almost every other home on the street is larger and worth more. However, the street itself has a wide range of property types, so this home is an outlier rather than representative.

5. Who typically buys homes like this in the William Whyte area?
First-time buyers with limited savings, investors targeting lower-cost rental properties, or experienced renovators looking for a project. The area has seen some reinvestment in recent years, but it remains one of Winnipeg’s more affordable neighborhoods. A buyer here would need to be comfortable with a longer timeline for appreciation and willing to put in sweat equity.