1361 William Avenue W

1361 William Avenue W – Property Summary

Key Characteristics & Buyer Profile

This 1,412 sqft home, built in 1913, sits on a notably large 5,195 sqft lot in Winnipeg's Weston neighbourhood. The property’s standout feature is its land: it ranks in the top 4% for lot size within Weston and in the top 19% on its street. The living area is also generous relative to the immediate area—top 18% on William Avenue and top 5% in the neighbourhood—but is roughly average compared to the city as a whole. The assessed value is $186,000, which is below average citywide but in line with the street and neighbourhood medians.

The appeal here is straightforward: you get significantly more indoor and outdoor space than most homes nearby, without a premium in assessed value. That suggests the price may be tied more to the structure than the land, which could appeal to buyers who see potential in updating an older home on a large lot. It would suit someone looking for a fixer-upper, a family wanting yard space in a central Winnipeg neighbourhood, or an investor interested in land value over time. The 1913 build means older bones—plaster walls, likely knob-and-tube wiring, and possible foundation quirks—so it’s not for someone wanting move-in ready without inspection. The location in Weston offers proximity to the river, parks, and transit, but the street itself is mixed in terms of property upkeep.

Frequently Asked Questions

1. How does the assessed value compare to similar homes?
The assessed value is $186,000. On its street, that’s around average (top 55%). In the Weston neighbourhood, it’s also roughly average (top 42%). Citywide, it’s in the bottom 6%—meaning most homes in Winnipeg are assessed higher. The low assessment relative to the city likely reflects the home’s age and the neighbourhood’s overall price level, not necessarily the condition of this specific property.

2. Is the lot size unusual for the area?
Yes. At 5,195 sqft, it’s well above the Weston average of 3,269 sqft (top 4%). On William Avenue, it’s also above average (top 19%). Citywide, it sits around the middle (top 50%). For comparison, many newer subdivisions have smaller lots, so this is a meaningful amount of outdoor space for a central Winnipeg property.

3. What does the “year built” ranking tell me about potential issues?
The home was built in 1913, which puts it in the older third of homes on this street and the older third in Weston overall. Citywide, it’s in the bottom 10% by age. This means you should expect original features like plaster and lath, single-pane windows, and possibly uninsulated walls. The electrical and plumbing may also be dated. A thorough inspection is strongly recommended.

4. How does the living space compare to newer homes in the city?
The 1,412 sqft living area is above average for both the street and neighbourhood, but it’s around average citywide (top 35%). Many newer homes in the city are larger, but in the Weston area, this is a spacious layout. The floor plan is likely more compartmentalized than modern open-concept designs, so consider whether the existing layout works for your needs.

5. What is the neighbourhood like in terms of resale potential?
Weston is a mature, centrally located neighbourhood with a mix of older homes and some recent infills. Its ranking in the top 5% for living area and top 4% for lot size suggests these are uncommon features locally, which could help with resale. However, the older building stock and lower citywide assessed values mean appreciation may be slower than in newer, higher-demand areas. The large lot could be a selling point for future buyers looking to expand or redevelop.