953 William Avenue

953 William Avenue – Property Summary

Key Characteristics & Buyer Profile

This 1905 home on William Avenue in Winnipeg’s West Alexander neighbourhood offers 1,428 square feet of living space on a 3,167-square-foot lot. Its standout feature is the living area, which ranks in the top 18% on the street and sits well above the local average. The assessed value also runs above average for the street and neighbourhood, landing at $233,000. That said, the home is older than most nearby—built in 1905 when the neighbourhood average is 1921—and the lot size is slightly smaller than typical for the street.

The appeal here is a balance of interior space and assessed value relative to the immediate area, rather than citywide metrics. Citywide, this home ranks in the bottom 14% for value and bottom 15% for lot size, so it’s not competing with newer, larger suburban properties. That makes it a better fit for buyers who prioritize character, a decent interior footprint, and a price point that stays near the neighbourhood median, as opposed to someone seeking a large yard or a turnkey modern build. It would suit someone comfortable with an older home in an established inner-city pocket, possibly a first-time buyer or investor looking for above-average square footage within a modest budget.

Five Possible FAQs

1. How does the age of this home affect its maintenance outlook?
The house was built in 1905, meaning it’s older than about 76% of homes on the same street and 98% citywide. While older construction can offer solid materials and charm, it likely means older plumbing, electrical, and foundation elements. A pre-purchase inspection is strongly recommended to assess the actual condition rather than relying purely on year built.

2. Is the assessed value of $233,000 a reliable indicator of market price?
Assessed value is a public benchmark used for property taxes, not a guaranteed market price. In this case, the home sits above the street and neighbourhood averages for assessed value, but below the citywide median. You’ll want a comparative market analysis or appraisal to see what similar homes have sold for recently in West Alexander.

3. Why is the lot size ranked lower citywide but near average locally?
At 3,167 square feet, the lot is smaller than typical Winnipeg lots (average 6,570 sqft citywide), which pulls its rank down. But on William Avenue and in West Alexander, lots tend to be more compact, so it fits the local pattern. That means less yard maintenance but also less outdoor space for expansion.

4. Does the living area ranking mean this is a large home?
Relative to other homes on William Avenue, yes—it’s in the top 18% for living area. But citywide, it’s only in the top third. So it’s generously sized for the immediate street but not oversized by broader Winnipeg standards. It’s a solid mid-range offering for the neighbourhood.

5. What kind of buyer typically targets a home like this?
Someone looking for an older character home in an inner-city area, with enough living space for a small family or roommates, and willing to take on a property that likely needs updates. It could also appeal to an investor buying for rental income, given the above-average local value and compact lot that reduces upkeep costs.