Key Characteristics & Buyer Profile
This is a 1962-built home with 1,470 sq ft of living space and a 5,194 sq ft lot. What stands out is how it compares within its immediate surroundings. On William Avenue West, it ranks in the top 17% for size—but within the Weston neighbourhood, it jumps to the top 4%. That gap tells you something: the street has larger homes than the surrounding area, and this one is among the bigger ones on that street.
The assessed value is $295,000, which is well above both the street and neighbourhood averages (top 13% and top 4%, respectively), but below the citywide median. That’s partly because the lot size—while generous for Weston (top 5%)—is only average for Winnipeg as a whole.
Where the appeal lies: You’re getting a home that’s spacious relative to its immediate neighbours and community, with land that’s above average for the area. The construction is newer than most homes on the street and in the neighbourhood (built 1962 versus typical late 1930s), which may mean fewer structural surprises, though it’s still older than the citywide median.
Who it suits: Buyers who want a home that stands out in size and value within a specific older Winnipeg neighbourhood, and who aren’t looking for a fixer-upper from the 1930s. It’s a practical choice for someone who values interior space and a decent-sized lot, without paying a premium for a citywide-rare property. Less obvious: it might appeal to someone who wants to be a “big fish in a medium pond”—a strong asset on the street and in the community, but still priced below typical Winnipeg assessments.
Five Possible FAQs
1. How does the assessed value compare to what I’d actually pay?
The assessed value ($295,000) is used for tax calculation, not as a listing price. It’s above the street and neighbourhood averages but below the citywide median. That suggests the home’s value is locally strong, but you may find it priced competitively compared to newer or more centrally located homes in Winnipeg.
2. Is the 1962 build date a concern for maintenance?
Not necessarily. The home is newer than most on the street (average 1939) and in Weston (average 1937), meaning it’s likely had fewer major systems reaching end-of-life. However, it’s still over 60 years old, so you should budget for typical mid-century home issues like updated wiring, plumbing, or insulation—depending on what’s been done since.
3. Why is the land size only average citywide but top 5% in the neighbourhood?
Weston has many smaller lots—typical land is around 3,269 sq ft. At 5,194 sq ft, this lot is large for the area, but Winnipeg as a whole has many larger suburban lots (city average 6,570 sq ft). So you’re getting above-average outdoor space for the community, but not for the city at large.
4. How does this property compare to others on the same street?
On William Avenue West, this home ranks in the top 17% for living space and top 13% for assessed value. It’s one of the bigger, more valuable homes on the street, and it was built later than most. That means it stands out positively among its immediate neighbours.
5. What does “top 4%” in the neighbourhood actually mean?
Out of 1,736 homes in Weston, this one is ranked 63rd for living space. That’s a strong position—most homes in the area are significantly smaller (average 936 sq ft). Similarly, it ranks 71st for assessed value and 84th for lot size. In practical terms, you’re buying one of the larger, more valuable properties in the community.