Property Overview: 1898 William Avenue W, Brooklands, Winnipeg
Key Characteristics & Appeal
This is a classic one-storey home built in 1965, situated on a generous, nearly 4,000 sqft lot in the Brooklands neighbourhood. With 1,100 sqft of living space, a detached garage, and a full basement, it offers a practical layout for comfortable living. The home’s primary appeal lies in its solid foundation and the significant potential offered by its above-average lot size for the area. While the interior and basement are noted as not being renovated, this presents a clear opportunity for a buyer to add value according to their own taste and needs.
The property is well-suited for a few distinct types of buyers. First-time buyers or practical investors will find the assessed value and recent sale history indicate an accessible entry point into the market. For those with renovation skills or a vision to customize, the home is a prime candidate for a gradual or full-scale update. The lot size also makes it a sensible long-term hold in a neighbourhood where land is a valuable asset.
A less obvious perspective is its relative modernity within its immediate vicinity. Built in 1965, it is notably newer than many homes on its own street (where the average year built is 1939), suggesting potentially more contemporary construction materials and systems than neighbouring properties. This positions it as a more modern offering in a historic area.
Frequently Asked Questions
1. What is the true condition of the home?
The listing explicitly states the basement is "not renovated," which strongly suggests the home is a fixer-upper or requires updating. A thorough inspection is essential to understand the full scope of work needed for both the main living areas and the basement.
2. How does the lot size compare?
At 3,991 sqft, the lot is larger than the average for both Brooklands and the immediate street. This is a key asset, offering more outdoor space and potential for additions, gardens, or parking than many comparable properties.
3. Why is the assessed value significantly different from the city-wide average?
The assessed value is based on the local market. While it is below the Winnipeg city-wide average, it is above average for William Avenue W. This reflects the specific property values and characteristics of the Brooklands area, which differ from newer or more central city neighbourhoods.
4. What is the neighbourhood like?
The home is in Brooklands, a long-established Winnipeg neighbourhood. The data shows a mix of older homes, with this property being one of the newer ones on its block. Prospective buyers should explore the area to gauge its fit for their lifestyle.
5. Is the detached garage a standard feature?
In this area and for homes of this era, a detached garage is a common and valuable feature. It provides secure storage or workshop space separate from the house, which is a practical benefit not always found in all properties at this price point.