1599 William Avenue W – Property Summary
Key Characteristics & Buyer Profile
This is a 760 sqft home built in 1960 on a 2,602 sqft lot in Winnipeg’s Weston neighbourhood. The property stands out most for its assessed value relative to its size. While the living area is below the street and city averages, the assessed value of $235k ranks in the top 28% on William Avenue and top 15% within Weston—meaning this property carries a higher valuation per square foot than many nearby homes. The year built also works in its favour: it’s newer than 79% of homes on the same street and 88% in the neighbourhood, which may translate into fewer immediate structural or system upgrades compared to older nearby properties.
The appeal here is pragmatic rather than picturesque. The lot is small—below average at every geographic level—so there’s limited outdoor space for expansion or gardening. But for someone who values a solid, relatively recent build with above-average assessed value in a modest footprint, this property offers a cost-efficient entry point. It would suit a first-time buyer, a downsizer who wants less yard maintenance, or an investor looking for a property that already benchmarks well against the neighbourhood in terms of valuation and build year.
Frequently Asked Questions
1. How does the living area compare to similar homes in the area?
At 760 sqft, this home is smaller than the average on its street (1,090 sqft) and the Weston neighbourhood average (936 sqft). Citywide, it falls well below the typical comparable home size of 1,342 sqft. This is a compact space best suited for those comfortable with a smaller floor plan.
2. Why is the assessed value above average if the house is small?
Assessed value reflects more than square footage—it accounts for condition, updates, location, and market demand. This home’s rank (top 28% on the street, top 15% in Weston) suggests it may be in better condition, have been well maintained, or sit on a more desirable stretch of William Avenue compared to similar-sized neighbours.
3. How much land comes with the property?
The lot is 2,602 sqft. That’s below average for the street (3,800 sqft), the neighbourhood (3,269 sqft), and the city as a whole (6,570 sqft). Expect a modest yard—it’s worth confirming if it meets your needs for parking, storage, or outdoor use.
4. What does the year built tell me about the home’s condition?
Built in 1960, it’s newer than most homes on the street (average 1939) and in the neighbourhood (average 1937). This often means more modern construction methods and potentially fewer major repairs (e.g., updated electrical, plumbing, or foundation work), though you should still budget for a home inspection.
5. How do the rankings work, and what do the tier colours mean?
Properties are ranked by comparison to peers at three levels: street, neighbourhood, and citywide. A higher rank (smaller number) is better. The fill colour in the bar chart indicates performance tier—red/blue/amber/gray correspond to how far above or below the median benchmark you fall for each category. Rankings are relative, not absolute measures of quality.