913 William Avenue – Property Summary

Key Characteristics & Buyer Profile

This 1,320 sqft home built in 1905 sits on a 3,299 sqft lot in the West Alexander neighbourhood of Winnipeg. Its assessed value is $152,000.

What stands out here is the clear trade-off between space and cost. The living area is notably larger than most homes on William Avenue—ranking in the top 22% on the street—yet the assessed value sits well below the street average, coming in at the bottom quarter. This suggests a property that offers more interior square footage for a lower price relative to its immediate neighbours. The lot size is fairly typical for the area, though smaller than the citywide average, which reflects the older, denser character of the neighbourhood.

The year built (1905) places it among the oldest homes in the city, but within West Alexander it's actually around the median—meaning this isn't an outlier for the area. Buyers should expect older-home considerations: potential for updated systems, possible heritage designations, and maintenance patterns typical of a house over a century old.

Who it suits: This property would likely appeal to buyers who want more living space than the street average but are working with a tighter budget. It could work for someone comfortable with an older home in a central neighbourhood—perhaps a first-time buyer looking for square footage over polish, or an investor who sees value in the low assessment relative to size. It's less suited for someone seeking a move-in-ready modern finish or a large yard.

Frequently Asked Questions

1. How does the assessed value compare to similar homes in Winnipeg?
The assessed value of $152,000 is well below the citywide average of $390,100 for comparable homes—ranking in the bottom 3% citywide. This puts it among the more affordable properties in the broader market.

2. Is a 1905 home likely to have original features or need major updates?
In West Alexander, the neighbourhood average year built is 1921, so a 1905 home isn't unusually old for the area. That said, buyers should expect a mix: some original character (trim, hardwood, layout) but also aging systems. A thorough inspection is wise, as infrastructure like wiring, plumbing, and roofing may have been updated at different times—or not.

3. How does the living area compare to other homes nearby?
It's above average for the street (top 22%) and around average for the neighbourhood and city. In practical terms, you're getting more interior space than most homes on William Avenue, but the difference isn't dramatic when compared to the broader area.

4. Why is the assessed value so much lower than the street average?
The street average assessed value is $204,200, and this home is $152,000. That likely reflects a combination of the home's age, condition, and possibly fewer recent renovations compared to neighbours. Assessment considers recent sales data, physical condition, and improvements—so a home that hasn't been updated in a while may lag behind the street trend.

5. What's the lot size like for this type of property?
At 3,299 sqft, the lot is slightly smaller than the William Avenue average (3,800 sqft) and well below the citywide average (6,570 sqft). This is typical for older, inner-city lots—expect a modest yard rather than expansive outdoor space.