Property Overview: 1966 William Avenue W, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated Brooklands home is a classic one-and-a-half storey character home, built in 1925. Its primary appeal lies in a combination of generous outdoor space and practical updates. The 5,318 sqft lot is notably larger than most in the immediate area and neighbourhood, offering above-average potential for gardening, expansion, or simply more private outdoor living—a relative rarity. The home itself features a renovated basement and a detached garage.

With 913 sqft of living space, the house is compact and efficient, suited for those who value low-maintenance living without sacrificing yard size. Its assessed value positions it as an accessible entry point into the Winnipeg market, particularly for first-time buyers, downsizers, or practical investors. The last sale was in September 2021 for $210,000.

This property would best suit a buyer looking for a character home with a standout lot who is comfortable with a smaller interior footprint. It’s a practical choice for someone prioritizing land over square footage, seeking a manageable project with a key renovation (the basement) already addressed, and who values the established, quiet feel of the Brooklands community.

Section 2: Frequently Asked Questions

1. What does "renovated basement" typically include?
While specifics should be verified by a viewing and inspection, a listing noting a renovated basement in a home of this era often indicates updated finishes, such as drywall, flooring, and lighting. It’s important to clarify the scope, any moisture-proofing measures taken, and whether it includes a legal secondary suite or is simply improved living space.

2. How does the larger lot impact me?
Beyond more yard space, a lot size in the top 9% for the street can mean greater privacy from neighbours, more flexibility for future additions like a shed or deck, and potentially better storm water management. It also often contributes to the property’s long-term value relative to others on the block.

3. Is the older age of the home (1925) a concern?
Homes from this period were built with durable materials, like true dimensional lumber, and often have a charming character. The key is the condition of major systems updated over time. An inspection would be crucial to assess the state of the roof, wiring, plumbing, and foundation, which may have been partially updated but not completely replaced.

4. Who is the typical buyer in this area?
Brooklands attracts a mix of long-time residents, young families and first-time buyers drawn by its relative affordability and community feel, and investors. This particular home, with its larger lot and smaller interior, has a unique crossover appeal to downsizers wanting garden space and first-time buyers looking for a starter home with outdoor potential.

5. The assessed value is $200k, but it sold for $210k in 2021. What does that mean?
A city assessment is for taxation purposes and can lag behind market value. The 2021 sale price is a concrete data point, but the current market value will be influenced by factors since then, including interest rates, market trends, and any further updates to the property. It serves as a recent benchmark, but not a definitive current price.