606 William Avenue – Property Summary
Key Characteristics and Buyer Profile
This is a 1,752-square-foot home on William Avenue in Winnipeg’s West Alexander neighbourhood, built in 1905 on a 2,509-square-foot lot. Its assessed value is $242,000.
The property’s main draw is living space. It’s significantly larger than most homes on the same street (top 10%) and well above the neighbourhood and city averages. That size advantage is offset by a below-average land area—the lot is small relative to comparable properties on the street and citywide. The assessed value is above average for the street and neighbourhood but well below the citywide median, reflecting both the age of the home and the modest lot.
The building is old. Constructed in 1905, it’s one of the older homes on William Avenue and in the city at large. That means character and solid construction for some buyers, but likely higher maintenance and utility costs for others.
This property would suit buyers who prioritize interior square footage over outdoor space, and who are comfortable with an older home. It's a practical fit for someone looking for generous living area in a central neighbourhood at a price point below newer citywide averages—but not for anyone expecting a large yard or recent construction. Buyers should be prepared for the realities of a 120-year-old house.
Frequently Asked Questions
1. Is this home a good deal compared to others in Winnipeg?
It depends on what you value. The assessed value ($242k) is well below the citywide average for comparable homes ($390k), but that’s largely because it’s older and on a small lot. You’re getting above-average interior space for below-average price, but with older bones.
2. How does the lot size affect livability?
At 2,509 sqft, the lot is noticeably smaller than most on the street (average 3,800 sqft) and far below the citywide average (6,570 sqft). Outdoor space is limited. If you want a garden, room for kids to play, or parking for multiple vehicles, this likely isn’t the right house.
3. What should I expect from a home built in 1905?
Character and quirks. Older homes often have solid materials (old-growth lumber, plaster walls) but may lack modern insulation, wiring, and plumbing. Expect higher heating costs, potential for knob-and-tube wiring, and possible lead paint or asbestos. A thorough inspection is essential.
4. Why is the assessed value lower than citywide but higher than the neighbourhood?
The neighbourhood average is $187k, so at $242k this home is above that. But citywide, the average jumps to $390k because of newer, larger homes in other areas. You’re paying a premium for larger interior space within West Alexander, but you’re not competing with newer suburbs.
5. Is West Alexander a good neighbourhood for this type of property?
West Alexander is an older, central neighbourhood with a mix of character homes and rentals. This property’s ranking (top 18% in assessed value locally) suggests it’s on the higher end for the area, which could mean it stands out—or that surrounding properties may need more upkeep. It’s worth walking the street at different times of day to get a feel for the block.