49.5
Below average
Property score
49.5
Below average
Overall 49.5
Compared with neighbourhood average
828 sqft (bottom 39%)
Built in 1948 (16 yrs older than avg)
Located in a above-average income area
with median household income of ~81k
Transit 82.0
6-min walk to transit with 6 nearby routes
Within 500m: 1 dining spot, 1 school, 4 parks, and 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
10% smaller than neighborhood avg.
Year Built
Below average
16 yrs older than neighborhood avg.
Mother tongue
English · 53%Tagalog · 19%
Past 10 years Brooklands sales snapshot (~80% of all data)
407
287.5k
$259/sqft
1964
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49.5 is composed by the two sections below.
Property Score
Community Score
Brooklands
How to read: Share of sales in each ~$50k price band for “brooklands” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110227
$81K
Median household income
$87K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
17%
Single-person households
25%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
1923 William Avenue W — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 339 m), 1 education (nearest 284 m), 4 parks (nearest 205 m).
Brooklands · WPS public data · 2026
Annual incidents
29
2026
vs. city avg
-2%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
79%
Local garbage, recycling, and yard waste pickup schedule for 1923 William Avenue W.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 15% | Bottom 13% | Bottom 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 9% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 1923 William Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-and-a-half storey home in Winnipeg's Brooklands neighbourhood, built in 1948. Its key characteristics include a 828 sqft living area, a full but unrenovated basement, and no garage. The lot is a notable feature at 3,907 sqft, which is above average for both the immediate street and the Brooklands area, offering good outdoor space relative to the home's footprint.
The primary appeal lies in its value as a land play or a foundational project. The lot size presents potential for expansion, gardening, or future redevelopment, while the home itself represents an affordable entry point into the Winnipeg market. It suits a specific type of buyer: handy investors or first-time buyers comfortable with a renovation project, or those specifically looking for a larger lot in the area without the premium of a turn-key home. A less obvious perspective is its potential as a multi-generational or shared living start point—the basement and lot size offer flexibility for future additions, though significant investment would be required.
Section 2: Frequently Asked Questions
1. What does "assessed value" mean in this context?
The assessed value ($15,100) is for municipal tax purposes and is typically much lower than market value. The recent sale history and current listing price are the primary indicators of its market worth.
2. Is the basement finished or usable?
The listing specifies the basement exists but is "not renovated." Buyers should anticipate it being in original or rough condition, suitable for storage or mechanicals, but requiring work to become finished living space.
3. How does the lot size compare practically?
At nearly 4,000 sqft, the lot is larger than many in central Winnipeg neighbourhoods. This is a key advantage, providing more private outdoor space and potential for additions, decks, or landscaping than typical homes in its price range.
4. What is the significance of the sale history?
The property sold for $12,500 in 2021 and $120,000 in 2016. This wide fluctuation suggests possible non-arms-length transactions, estate sales, or property condition significantly impacting price. A professional appraisal and inspection are highly recommended.
5. Who is this property not suited for?
It is not suited for buyers seeking a move-in ready home, those unable to manage renovation projects, or anyone requiring guaranteed equity from a turn-key property. Its value is in its potential, not its current condition.
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