1970 William Avenue W

Property Overview

This is a recently built, one-storey home on a standard city lot in Brooklands. Its primary appeal lies in its modern construction, having been built just two years ago, which places it in the top 1% of homes for age on its street, in the neighbourhood, and citywide. The home features a renovated basement and a living area that is above average for Brooklands. It sits on a lot that is slightly smaller than others on William Avenue West but is typical for the area. The property’s assessed value is notably high compared to its immediate surroundings, ranking in the top 3% locally, suggesting it is a premium offering on this street. This home would suit a first-time buyer or an investor looking for a modern, low-maintenance property without the concerns of an older home’s major systems. Its compact size and single-storey layout could also appeal to those looking to downsize or seeking accessibility.

Key Details & FAQs

• Key Characteristics: A 2024-built, one-storey home with 1,026 sqft of living space and a renovated basement. The lot is 2,659 sqft. It has no garage or pool.
• Its Appeal: Exceptional modernity for the area, offering move-in readiness and newer construction efficiencies. It presents a unique opportunity to own one of the newest homes in a mature neighbourhood.
• Ideal For: First-time homebuyers, downsizers, or investors seeking a modern property with minimal immediate repair needs in a central Winnipeg community.

Frequently Asked Questions

1. Is the price typical for this street?
No, the recent sale price and assessed value are well above the average for William Avenue West, ranking in the top 3-4%. This premium is largely due to the home's very recent construction compared to the much older average homes on the street.

2. How does the lot size compare?
The land area is below the city-wide average but is around the average size for the Brooklands neighbourhood. On William Avenue West specifically, it is slightly smaller than the average lot for comparable homes.

3. What does the high assessed value indicate?
While the assessed value is elite for the immediate street and neighbourhood, it is around the city-wide median. This suggests the property is a high-value asset in its local context, likely due to its newness, but is priced within a more common range across Winnipeg.

4. Who might this property not suit?
Buyers seeking a large lot, a garage, or extensive square footage may find it limiting. Its compact, efficient layout is a key feature that won't fit everyone's needs.

5. What is the broader neighbourhood context?
Brooklands is a mature neighbourhood where a home built in 2024 is a rarity. This means you benefit from new construction while being part of an established community, though the surrounding homes are, on average, over 60 years old.