1449 William Avenue W – Property Summary
Key Characteristics & Buyer Profile
This is a modest, older home in Winnipeg’s Weston neighbourhood. At 742 square feet of living area and a land area of 3,221 square feet, it is noticeably smaller than both the average home on its street and the typical Winnipeg property citywide. Its assessed value—around $151,000—reflects that, sitting well below the street average of $204,200 and far below the citywide average of $390,100.
Where the property holds its own is in land size relative to the neighbourhood. While its lot is small by city standards (the city average is nearly double), it is actually around the middle of the pack in Weston, where lots tend to be more compact. The house itself was built in 1914, making it older than roughly 90 percent of homes in Winnipeg, but only slightly older than its immediate neighbours on William Avenue.
The appeal here is not in square footage or finishings—it’s in affordability and relative land value. For a buyer who is comfortable with an older, smaller home and wants to be in a central, established neighbourhood without paying a premium, this property offers a realistic entry point. It would suit first-time buyers on a tighter budget, investors looking for a lower-cost rental in a working-class area, or someone willing to take on a renovation project in a location with decent bones. The land-to-building ratio is also slightly better than average for Weston, which could matter for anyone considering an addition or redevelopment down the line—though that would need verification.
Five Possible FAQs
1. How does this home’s size compare to others in Weston?
It’s on the smaller side. The living area is about 200 square feet below the Weston average, and the lot is also a bit smaller than the street average. But within the neighbourhood itself, the lot size is fairly typical—ranked around the 42nd percentile, meaning over half of nearby homes have smaller lots.
2. Is the assessed value of $151k realistic for a home this old?
It’s in line with the data. The property ranks near the bottom citywide for assessed value, which makes sense given its age and size. The assessment is below the street average by about $53,000, but that gap is consistent with the living area difference. It’s not an outlier—it’s just a lower-cost property in a lower-cost part of town.
3. What condition is a 1914 home likely in?
There’s no inspection data here, so it’s impossible to say for sure. But homes from that era often have original plaster walls, knob-and-tube wiring, and outdated plumbing. They can also have solid bones if maintained. A buyer should budget for possible updates to electrical, heating, and insulation, and should expect some layout quirks common to early 20th-century houses.
4. How does this property compare to similar listings on William Avenue?
It ranks below average on both living area and assessed value compared to other homes on the same street. That said, the street has a wide range of property sizes and values, so it’s not an unusual listing. The year built is also close to the street average (1914 vs. 1939 median), so it’s not dramatically older than its immediate neighbours.
5. Should I consider buying this as an investment property?
Possibly, if you’re looking for a low-cost entry into the Weston rental market. The neighbourhood has below-average property values citywide, which can mean more manageable purchase costs and potentially decent rental demand in a central area. However, the small size and older systems could mean higher maintenance costs relative to rent. It’s worth running the numbers on cash flow before committing.