Property Overview: 1941 William Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Brooklands is defined by its above-average proportions and recent renovation. Sitting on a 5,206 sqft lot—significantly larger than most in the immediate area and neighbourhood—it offers substantial outdoor space. The 1,352 sqft living area is also notably spacious for Brooklands. A key feature is the renovated basement, adding modern, functional space. The home is complemented by a detached garage.
Its appeal lies in offering more room, both indoors and out, than is typical for the area, presenting a value-oriented opportunity for space-seekers. The 2022 sale price of $350k was well above local averages at the time, indicating a premium for its condition and size. This property would best suit buyers looking for a character home with updated fundamentals, who prioritize lot size and living space over a newer build, and who see value in a neighbourhood where their investment buys more physical property.
A less obvious perspective is the home's age (1965). While not historic, it represents a period of solid construction and may offer simpler renovation opportunities than much older stock. The significant jump in assessed value post-renovation also highlights the impact of modernizing the basement, a key takeaway for buyers considering similar properties.
Section 2: Frequently Asked Questions
1. How does the lot size compare practically?
At over 5,200 sqft, the lot is in the top 17% on its street and top 6% in Brooklands. This means it provides roughly 35% more yard space than the average Brooklands home, a significant difference for gardening, play, or expansion.
2. What does "renovated basement" typically imply here?
While specific finishes aren't detailed, in a 1960s home this often means updated essentials like flooring, drywall, and electrical/mechanical systems to create a clean, functional living or recreational space, adding valuable square footage.
3. The 2022 sale was well above average. Does that set an unrealistic price?
Not necessarily. That premium likely reflected the renovated condition and the home's larger-than-average metrics. It suggests the property is positioned at the higher end of its immediate market due to its specific advantages.
4. Is a 1965-built home a concern?
The year built is around the neighbourhood average. Homes from this era often have mature landscaping and settled foundations. A thorough inspection is always advised, but it doesn't present the same systemic challenges as much older or newer construction.
5. Who are the typical buyers in this area?
Brooklands attracts a mix of first-time homeowners, small families, and investors drawn to its relative affordability and connectivity. This particular home, with its extra space and renovation, would especially appeal to owner-occupants planning to put down roots.