1616 William Avenue W

1616 William Avenue W – Property Summary

Key Characteristics & Buyer Profile

This is a detached home built in 1914, located on William Avenue West in the Weston area of Winnipeg. The living space is 895 square feet, which sits close to the average for both its street and the wider Weston community. The property sits on a notably small lot — 1,779 square feet — which is among the smallest on the street and in the neighbourhood. Its assessed value of $171,000 is near local averages but well below the citywide median. The home is in a street and community where older homes from the 1930s are common, so it fits in well with the character of the area. The appeal lies in its affordability and its location within an established, older neighbourhood, rather than in size or modern updates. It would best suit a first-time buyer, an investor looking for a lower-cost entry point, or someone who values a compact footprint and a smaller yard to maintain. It may not suit buyers seeking a large lot, newer construction, or a home with a higher assessed value relative to the rest of Winnipeg.

Five Possible FAQs

1. How does the size of this home compare to others in the area?
The living area is slightly smaller than the street average but right in line with the Weston community average. Citywide, it’s below average, which is typical for older homes in central neighbourhoods.

2. Is the property on a small lot?
Yes. The lot is significantly smaller than average for the street, community, and city — ranking in the bottom 1% across all three. This may be a consideration if you want outdoor space or plan future additions.

3. What’s the assessed value like compared to similar homes?
The assessed value is near the average for both the street and Weston, but much lower than the citywide average. This generally means lower property taxes, but also reflects the home’s age and lot size.

4. How old is the house? Should I expect maintenance issues?
Built in 1914, it’s older than most homes on the street and in the community, and significantly older than the Winnipeg average. Older homes often have solid construction but may require updates to systems like plumbing, electrical, or insulation. A thorough inspection is recommended.

5. What kind of buyer would this property work best for?
It’s well-suited for buyers who want an affordable home in a central, established neighbourhood and are comfortable with a smaller lot and an older house. It’s less ideal for those seeking a large yard, a move-in-ready modern home, or a property with strong resale value relative to the city.