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1840 William Avenue W

HouseBasementYes, not renovatedPoolNoGarageNoneBuilding TypeBi-Level

Rankings

MetricSame streetSame areaCity-wide
Living Area
903 sqft
Top 59%216/365
Top 48%501/1048
Top 83%161866/194458

1840 William Avenue W: For Living Area. On William Avenue W, around averageTop 59%, rank 216 of 365, and comparable homes in that group average about 1,090 sqft. in Brooklands, around averageTop 48%, rank 501 of 1048, and comparable homes in that group average about 920 sqft. citywide, below averageTop 83%, rank 161866 of 194458, and comparable homes in that group average about 1,342 sqft.

Assessed Value
28.30k
Top 15%53/365
Top 26%268/1048
Top 75%146195/194458

1840 William Avenue W: For Assessed Value. On William Avenue W, above averageTop 15%, rank 53 of 365, and comparable homes in that group average about 20.40k. in Brooklands, above averageTop 26%, rank 268 of 1048, and comparable homes in that group average about 22.50k. citywide, below averageTop 75%, rank 146195 of 194458, and comparable homes in that group average about 390k.

Year Built
2016 10 years ago
Top 5%19/365
Top 14%146/1048
Top 6%12486/194458

1840 William Avenue W: For Year Built. On William Avenue W, EliteTop 5%, rank 19 of 365, and comparable homes in that group average about 1939. in Brooklands, above averageTop 14%, rank 146 of 1048, and comparable homes in that group average about 1964. citywide, above averageTop 6%, rank 12486 of 194458, and comparable homes in that group average about 1966.

Land Area
2,654 sqft
Top 76%279/365
Top 63%663/1048
Top 93%180947/194458

1840 William Avenue W: For Land Area. On William Avenue W, below averageTop 76%, rank 279 of 365, and comparable homes in that group average about 3,800 sqft. in Brooklands, around averageTop 63%, rank 663 of 1048, and comparable homes in that group average about 3,662 sqft. citywide, below averageTop 93%, rank 180947 of 194458, and comparable homes in that group average about 6,570 sqft.

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Sales History

Sold 2/202428.50k
MetricSame streetSame areaCity-wide
Sale price
Top 16%
Top 26%
Top 67%
Sold 2/201623.30k
MetricSame streetSame areaCity-wide
Sale price
Top 34%
Top 47%
Top 82%

Highlights & common questions: 1840 William Avenue W, Winnipeg

Property Overview: 1840 William Avenue W, Winnipeg

Key Characteristics & Appeal

This 2016-built bi-level home in Brooklands presents a practical and low-maintenance living opportunity. Its primary appeal lies in its modern construction, being newer than approximately 95% of homes on its street and 94% across Winnipeg. This translates to likely benefits from contemporary building standards, energy efficiency, and reduced immediate repair needs compared to much of the local inventory.

With 903 sqft of living space and an unrenovated basement, the home is compact and straightforward, suited for a first-time buyer, an investor, or someone seeking an efficient, no-frills residence. The lot size of 2,654 sqft is manageable and typical for the area. A key, less obvious perspective is its financial positioning: while the assessed and recent sale values are modest citywide, they are notably above average for both William Avenue W and the broader Brooklands neighbourhood. This suggests the property is a relative standout in its immediate context, potentially offering stability and a modern alternative in a market segment dominated by older homes. It suits a value-conscious buyer who prioritizes newer infrastructure over square footage or finished amenities.

Frequently Asked Questions

1. What does "bi-level" mean for this property?
A bi-level home typically has a main living entry set between two split levels. You walk in to a landing, with stairs leading up to the main living areas (kitchen, living room, bedrooms) and stairs leading down to a lower level, which here includes an unrenovated basement space.

2. How does the age of this home compare to others nearby?
It is significantly newer. Built in 2016, it is newer than about 86% of homes in Brooklands and 94% of homes on William Avenue W itself, where the average comparable home was built in 1939.

3. Is the assessed value a good indicator of the sale price?
The recent sale price (Feb 2024) of $28,500k was very close to its $28,300k assessed value, indicating the assessment was recent and accurate for that transaction. Historically, the property has appreciated from its 2016 sale price of $23,300k.

4. What are the implications of having an unrenovated basement?
It offers a blank canvas for future expansion or storage but requires investment to finish. Buyers should budget for renovations and ensure they understand any necessary permits or moisture control considerations before planning a project.

5. How does the lot size compare?
The 2,654 sqft lot is smaller than the average for both Winnipeg and the immediate street, but it is very typical for the Brooklands neighbourhood. This means outdoor maintenance is minimal, but space for expansions or large landscaping projects may be limited.

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