777 Selkirk Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1909-built home with 792 square feet of living space on a 3,010-square-foot lot, located in Winnipeg’s William Whyte neighbourhood. The assessed value is $131,000.

The property’s main appeal lies in its affordability and its position within the local market. While the living area, land size, and year built all rank below the street and city averages, the assessed value sits roughly at the neighbourhood median. This means you’re paying close to what most nearby homes are worth, despite the house being smaller and older than many on Selkirk Avenue. For a buyer focused on entry-level pricing in a central Winnipeg neighbourhood, the value proposition is less about the structure itself and more about the lot and location relative to cost.

This property would suit a first-time home buyer, an investor looking for a rental with low carrying costs, or someone comfortable with a project. Given the age (1909) and below-average living area, the home likely requires updating and may not be ideal for someone seeking move-in ready, turnkey space. The land-to-building ratio (roughly 3.8:1) is also worth noting—the lot is generous by city standards (top 12% citywide), which adds flexibility for future expansion or redevelopment potential, depending on zoning.

Five Possible FAQs

1. How does the assessed value compare to what I’d actually pay?
The city’s assessed value of $131,000 is a baseline for property taxes, not a market price. On this street, the average assessed value is $193,800, which suggests market values are higher. You’d want a realtor or appraisal to confirm current market value, as the ranking shows this home is well below the citywide average ($390,100) but in line with the neighbourhood.

2. The rankings show “below average” almost everywhere—should that worry me?
It depends on your priorities. “Below average” means the home is smaller, older, and on a smaller lot than most comparable homes on the same street and citywide. But the rankings also show it’s roughly average for the neighbourhood in value and land size. This is common for older, smaller homes in central neighbourhoods—the numbers aren’t alarming, they just reflect a modest, entry-level property.

3. What does a 1909 build mean for maintenance and insurance?
Older homes often have knob-and-tube wiring, old plumbing, asbestos, or lead paint, and they may lack insulation. These factors can raise insurance premiums and require specialized inspections. On the upside, many 1900s-era homes in Winnipeg have solid brick or wood frames that hold up well if maintained. A thorough home inspection is essential.

4. Is the 792-square-foot living area enough for a typical family?
For a couple or a single person, 792 sqft is workable. For a family with children, it would be tight unless you use the basement or attic for extra space. The lot is 3,010 sqft, so an addition or detached structure could be possible, but you’d need to check zoning and setback rules with the city.

5. How does this property compare to others in William Whyte that are for sale?
The home’s assessed value ranks 916 out of 1,707 neighbourhood properties (top 54%), meaning it’s around the median for the area. Its living area (top 83% in the neighbourhood) is on the smaller side, but not the smallest. Compared to listings that may have been renovated or are larger, this home likely offers a lower entry price. However, the lack of recent updates could mean more upfront costs than a slightly more expensive, move-in ready home.