1390 William Avenue W – Property Overview

Key Characteristics & Buyer Profile

This is a compact, older home in Winnipeg’s Weston neighbourhood with a living area of 1,086 square feet—right on par with the street average and slightly above the neighbourhood norm. The assessed value sits at $193,000, which is roughly average for both the street and the area, but well below the citywide average of $390,100. That gap reflects the property’s age (built in 1909) and modest land size (2,605 square feet), both of which rank in the bottom quartile citywide.

The appeal here is straightforward: it’s an entry-level home in an established, more affordable part of the city. The living space is functional and comparable to nearby homes, so you’re not sacrificing interior square footage for the lower price. However, the lot is small (below average even for Weston), and the century-old construction means systems and structure will require attention. This property suits first-time buyers focused on keeping their purchase price low, or investors looking for a rental with a reasonable entry point in a working-class neighbourhood. It’s less suited for anyone wanting a large yard, a newer build, or rapid appreciation potential without renovation.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
It’s essentially average for the street and neighbourhood—$193,000 versus $204,200 on the street and $184,700 in the area. The citywide comparison is misleading because it includes newer, larger homes in higher-value districts.

2. The lot is only 2,605 square feet. Is that typical for Weston?
No—the neighbourhood average is 3,269 square feet, so this lot is about 20% smaller. Street-level homes average even larger at 3,800 square feet. If outdoor space or expansion potential matters, this property falls short.

3. What should I know about a home built in 1909?
Original systems (plumbing, electrical, foundation, insulation) may be outdated or nearing end-of-life. A thorough home inspection is essential. On the upside, century homes in this price range often have good bones and solid framing if maintained.

4. How does the living area compare to other homes at this price point?
At 1,086 square feet, it’s competitive for the $193K price range. Most citywide comparables at this value are smaller, often below 900 square feet. You’re getting typical interior space for the street and neighbourhood.

5. Is this a good neighbourhood for resale?
Weston is a stable, older district with modest demand. The property’s small lot and age may limit appreciation compared to newer subdivisions, but it also means lower carrying costs. Resale will likely appeal to the same buyer type—someone prioritizing affordability over prestige.