1366 William Avenue W – Property Summary
Key Characteristics & Ideal Buyer
This is a modest, older home in the Weston area of Winnipeg, built in 1945. The living area is 894 square feet, which is close to the neighbourhood average of 936 sqft but noticeably smaller than the citywide average of 1,342 sqft. The assessed value is $161,000, well below citywide norms, making it a lower-cost entry point into the market.
The standout feature is the lot. At 4,553 square feet, it’s in the top 25% on the street and the top 12% within Weston. That’s a generous piece of land for a home of this size. The appeal here isn’t the house itself—it’s the combination of an older, functional starter home on a large lot in an older, established neighbourhood. Buyers who might be interested include first-time homeowners looking for affordability with room to grow, investors considering a future infill or renovation project, or anyone who values outdoor space over interior square footage. This isn’t a turnkey property for someone seeking modern finishes or a prime citywide location. It’s a pragmatic choice for someone willing to work with what’s there or wait for the land to appreciate.
Five Possible FAQs
1. How does the property’s size compare to others nearby?
The interior is about average for Weston (894 sqft vs. a neighbourhood average of 936 sqft) but below the city average. The land area, however, is well above average for both the street and the neighbourhood—over 1,200 sqft larger than the typical yard in Weston.
2. Why is the assessed value relatively low?
The $161,000 assessment reflects the smaller living area, the 1945 build date, and the fact that values in this part of Winnipeg are generally lower than the citywide median of $390,000. It’s consistent with similar homes on William Avenue and in Weston.
3. Is the home in a desirable area for resale?
That depends on what happens with the land. The large lot gives potential for future development, which could increase value. But as a standalone house, it’s in a middle-ranked pocket—not a hot market, but not a struggling one either. The neighbourhood-level ranking for assessed value is in the top 62%, suggesting stable but not strong appreciation.
4. What should a buyer know about the age of the home?
Built in 1945, it’s older than the average home citywide (1966) but typical for Weston (average 1937). Buyers should expect older systems, possible maintenance needs, and quirks common to homes of that era. It’s not a historic property, but it’s not modern either.
5. How does the lot size affect insurance or taxes?
Property taxes in Winnipeg are based on assessed value, so the land size contributes to that value but isn’t the only factor. A larger lot may slightly increase taxes compared to a smaller lot with the same house, but given the modest assessment here, the impact is likely minimal. Insurance is driven more by the house itself, not the yard.