1384 William Avenue W – Property Summary
Key Characteristics & Buyer Profile
This is a 1947 home with 980 square feet of living space on a notably large 5,210-square-foot lot. Its assessed value is $182,000.
The strongest feature is the land. The lot ranks in the top 16% on its street and top 4% within the Weston neighbourhood, where the average lot is roughly 3,269 square feet. That makes this property genuinely unusual for the area—most nearby homes sit on far less land. The house itself is smaller than the citywide average (which sits around 1,342 square feet), but it holds its own locally: living area ranks near the middle of both the street and the neighbourhood.
The year built and valuation are straightforward. The home is slightly older than the neighbourhood average (1947 vs. 1937), but not dramatically so. The assessed value sits close to the local median, which is about $184,700 in Weston. Citywide, the value is low relative to a $390,000 average—consistent with this being a more modest, older part of Winnipeg.
Who it suits: This property will appeal most to buyers who prioritize outdoor space over interior square footage. That includes gardeners, people who want room for a workshop or garage, or those who see potential to expand the home’s footprint over time. It’s less suited to someone who wants a move-in-ready modern interior or a high-value investment in a rapidly appreciating area. It’s a function-over-finish proposition: a solid, older home on an exceptional lot, in a working-class neighbourhood where comparable homes are not particularly large or expensive.
Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
The citywide average of $390,000 is pulled up by higher-priced neighbourhoods. This property’s value is in line with other homes in Weston, where the average is around $184,700. The lot is larger than most, but the house itself is modest and older, which keeps the assessed value within the local range.
2. Is the land actually usable, or is it oddly shaped?
The listing doesn’t specify shape or condition, but with 5,210 square feet there’s room for a decent backyard, potential for a detached garage or shed, or possibly a future addition. A site visit is the only way to confirm how the lot is laid out and whether it’s fully accessible.
3. How old are the house’s major systems (roof, furnace, plumbing)?
No information is provided here. For a home built in 1947, expect some original elements unless noted otherwise. A home inspection and disclosure from the seller would clarify what has been updated and what may need attention soon.
4. How does this home compare to others currently for sale in Weston?
Without current listing data, it’s hard to say exactly. But based on the assessed value and size, this property is likely priced below newer or renovated homes in the area. The large lot is its main differentiator—many nearby homes sit on lots around 3,200–3,800 square feet.
5. Is this a good candidate for a renovation or addition?
Possibly, but it depends on local zoning rules and the home’s structural condition. The lot size offers more flexibility than most properties in Weston, so an addition or a major reno is more plausible here than on a smaller lot. Check with the city’s planning department before making plans.