Property Overview: 1911 William Avenue W, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home in Brooklands, built in 1952. Its primary appeal lies in its value proposition and potential. The lot is a notable feature, at 3,908 sqft, which is above average for the immediate street and neighbourhood, offering ample outdoor space or future expansion potential relative to the home's modest 572 sqft living area. A key update is the renovated basement, adding functional living space. The home includes a detached garage.
Its appeal is grounded in practicality. It suits a first-time buyer, an investor, or someone looking for a manageable footprint with land. The below-average living area and assessed value point to an accessible entry point into the market. For the right buyer, the combination of a renovated basement, a larger-than-average lot for the area, and a lower price point creates an opportunity to add value over time, whether through personal use of the yard or future upgrades.
Frequently Asked Questions
1. Is the living area too small?
At 572 sqft, the main floor living space is compact. However, the renovated basement significantly increases the usable square footage, making the overall living arrangement more functional than the main floor metric alone suggests.
2. How does the lot size compare?
The 3,908 sqft lot is a strength. It's larger than many neighbouring properties, offering more private outdoor space than is typical for homes on this street and in Brooklands overall.
3. What does the assessed value indicate?
The City's assessed value is significantly lower than the Winnipeg average, reflecting the home's size and market segment. It's consistent with similar homes in this area, indicating the sale price is likely aligned with municipal valuation, which can provide a measure of confidence.
4. What type of neighbourhood is Brooklands?
Brooklands is a established, no-frills residential neighbourhood in Winnipeg. It offers affordability and proximity to major routes. Buyers should explore the area firsthand to see if its character meets their lifestyle needs.
5. Are there any obvious concerns from the data?
The home's age (74 years) means potential buyers should prioritize a thorough inspection to understand the condition of major systems (roof, wiring, plumbing) beyond the noted basement renovation.