1429 William Avenue W – Property Summary
Key Characteristics & Buyer Profile
This is a 960-square-foot home built in 1905, located in the Weston neighbourhood of Winnipeg. The property sits on a 2,597-square-foot lot. Its assessed value is $137,000.
The home’s main appeal is its affordability relative to both the neighbourhood and the city. While its living area is slightly below average for William Avenue and in line with the Weston average, it’s significantly smaller than the citywide average of 1,342 square feet. The assessed value ranks in the bottom 2% citywide, and the land area is also on the small side—especially compared to the street average of 3,800 square feet and the citywide average of 6,570 square feet.
This property would suit a first-time buyer looking for an entry-level price point in a central Winnipeg neighbourhood, or an investor seeking a lower-cost property in an area where the average home is valued higher. It may also appeal to someone interested in an older home (pre-1930s) who is prepared for the maintenance that comes with a 120-year-old structure. The modest lot size and square footage suggest it’s a more practical, no-frills option rather than a family-sized home or a property with development potential.
Frequently Asked Questions
1. How does this home compare to other properties on William Avenue?
On its street, the home is below average in assessed value (ranked 303 out of 365), land area (348 out of 365), and year built (278 out of 365). Its living area is the most competitive metric, ranking in the top 50%. It’s one of the more affordable and older homes on the block, with less yard space than most neighbours.
2. Is the neighbourhood (Weston) generally more affordable than the city average?
Yes. The average assessed value in Weston is $184,700, compared to the citywide average of $390,100. This property falls below even the Weston average, making it a lower-cost entry point within an already affordable neighbourhood. The neighbourhood average living area (936 sqft) is also smaller than the citywide average.
3. What does the “year built” ranking tell me about the property’s condition?
A 1905 build places it among the older homes in the city (top 98% oldest citywide). The data doesn’t speak to the condition—older homes can be well-maintained or in need of significant work. A home inspection would be essential, especially for electrical, plumbing, foundation, and insulation updates.
4. How does the land size affect the property’s value or use?
At 2,597 square feet, the lot is notably smaller than both the street average (3,800 sqft) and the city average (6,570 sqft). This limits options for additions, a large garage, or a significant garden. It’s more suited to a compact single-family use rather than redevelopment or subdivision.
5. What does “rankings & bars” mean in the data?
The rankings compare this property to similar homes within three scopes: the same street, the Weston neighbourhood, and all of Winnipeg. “Top 83%” on assessed value means it’s lower than 83% of homes on the street—so 83 out of 100 homes are worth more. The bar fill shows roughly how many peers it outperforms. For living area and land area, larger is better. For year built, newer is better. The colour (red/blue/amber/gray) indicates the tier of performance.