Property Overview
This two-storey home at 1832 William Avenue W in Winnipeg's Brooklands neighbourhood presents a distinct value proposition. Built in 2013, it is a notably modern property in an area with many older homes, offering move-in readiness with a renovated basement. Its key appeal lies in the combination of this contemporary build, recent updates, and its efficient scale on a standard city lot. The detached garage adds practical utility.
The home suits first-time buyers or investors seeking a modern, low-maintenance property without the premium of a new subdivision. It also appeals to those who prioritize updated interiors and a younger building over a larger lot size. A thoughtful perspective is that while the land area is modest for the city, it is proportionate to the living space, potentially meaning lower upkeep costs and taxes relative to the home's condition and amenities.
Frequently Asked Questions
Q: How does the lot size compare to the area?
A: The land area is below the Winnipeg average but is fairly typical for the immediate street and Brooklands neighbourhood. This reflects the efficient use of a standard city lot rather than an exceptionally small parcel.
Q: What does the "Elite" assessed value ranking mean for this street?
A: It indicates this home has one of the highest municipal assessed values on William Avenue W, placing it in the top 5%. This typically reflects the combination of its newer construction year, finished living area, and renovations compared to neighbouring properties.
Q: The home sold recently. What did the sale price indicate?
A: The September 2024 sale price was well above average for both the street and the broader Brooklands area, ranking in the top 2%. This strong market performance underscores the premium buyers placed on its modern build and updated condition within this market.
Q: Is the living space sufficient for a family?
A: With 1,328 sqft over two storeys plus a renovated basement, the home offers space comparable to the Winnipeg average. It is above average for both the street and neighbourhood, making it a viable option for small or growing families seeking an efficient layout.
Q: Why is the city-wide assessed value average shown so much higher?
A: The city-wide average includes all property types and values across Winnipeg. This home's assessment is compared to a "comparable homes" group within that data. Its assessment is around the average for that specific group, confirming its value is aligned with similar properties city-wide, despite the stark difference from the overall municipal average.