Property Overview & Appeal

This bi-level home at 1949 William Avenue W in Winnipeg's Brooklands neighborhood presents a compelling mix of space, modernity, and value. Its key characteristic is a generous 5,205 sqft lot, which is significantly larger than most in both the immediate area and the broader neighborhood, offering ample outdoor potential. Built in 2001, the home is notably newer than the majority of surrounding properties, suggesting modern construction standards and potentially lower immediate maintenance. The living area of 1,186 sqft is spacious for the locale, and the home features a renovated basement and a detached garage.

The appeal lies in this above-average positioning within its community. It offers the roominess and updated features often sought in newer suburbs, but within a well-established area. The property’s assessed value ranks in the elite tier locally, indicating it is viewed as a substantial asset relative to its peers. This home would suit first-time buyers or small families looking for a move-in-ready property with a sizable yard in a practical, no-frills neighborhood. It also represents a solid opportunity for value-conscious buyers seeking a home with modern fundamentals (like a 21st-century build) in a classic Winnipeg community.

Frequently Asked Questions

1. What does the high assessed value ranking mean?
While the absolute assessed value is listed at $35.30k, its "Elite" ranking means it is among the top 5% of properties in Brooklands for this metric. This typically reflects the combined value of the newer build year, larger lot, and overall property condition compared to neighborhood averages, which is a positive indicator for municipal valuation and potential equity.

2. How does the sale history inform the current price?
The property last sold in May 2016 for $290k. This historical data provides a benchmark, but the current market value will be influenced by factors like updates since then, current market conditions, and the home's standout attributes (like its lot size and age) relative to recent sales in the area.

3. Is the living space typical for a bi-level?
At 1,186 sqft, the above-ground living area is comfortably sized. Combined with a renovated basement, the total usable space is likely quite generous. It's notably larger than the typical Brooklands home, offering more room than many in the immediate vicinity.

4. What are the implications of a 2001 build year in this neighborhood?
With most comparable homes in Brooklands averaging a 1964 build year, this 2001 construction is a significant advantage. It suggests newer major systems (plumbing, electrical, roof), likely better energy efficiency, and modern layouts that may require less immediate updating compared to a true mid-century home.

5. The lot is large, but how is the property positioned?
The 5,205 sqft lot is a major feature, ranking in the top 6% for the neighborhood. This allows for considerable backyard space, gardening, play area, or future additions like a shed or deck. It's a rare find in an established area and offers a sense of privacy and room that smaller lots do not.