1393 William Avenue W

1393 William Avenue W – Property Summary

Key Characteristics & Buyer Profile

This property is a 1,284 sqft home built in 1913 on a 2,598 sqft lot in Winnipeg’s Weston neighbourhood. Its assessed value is $218,000.

The home’s standout feature is its living space. It ranks in the top 9% of the neighbourhood for square footage, outperforming the local average of 936 sqft by a significant margin. This suggests more interior breathing room than many nearby homes. At the same time, the assessed value sits above the neighbourhood average ($184,700) but well below the citywide average ($390,100). That combination—more space than most neighbours for a price that’s still relatively moderate by city standards—is where the appeal lies.

Where the property is less competitive is land area. The 2,598 sqft lot ranks in the bottom 8% on the street and bottom 7% citywide. For buyers who prioritize a large yard or outdoor space, this is a clear limitation. The home is also older than average for the city (1913 vs. 1966 citywide median), though that’s typical for Weston, where the neighbourhood average year built is 1937.

Who it suits: Buyers who value interior space over outdoor land—especially first-time homeowners, downsizers, or investors looking for a relatively affordable entry into a well-ranked neighbourhood for living area. It’s less suited to families wanting a big backyard or anyone planning major outdoor entertaining. The age of the home also suggests a buyer comfortable with the maintenance that comes with an older structure.

Five Possible FAQs

1. How does the living area compare to other homes in Weston?
It’s above average. The property ranks 155th out of 1,736 homes in the neighbourhood, putting it in the top 9%. The neighbourhood average is 936 sqft, so this home gives you about 350 extra square feet of interior space compared to a typical nearby house.

2. Is the assessed value reasonable given the size and age?
It depends on what you’re comparing to. Within Weston, the $218,000 assessment is above the neighbourhood average of $184,700, which makes sense because the home is larger than most. But citywide, it’s below average ($390,100) and ranks in the bottom 11% of all Winnipeg properties. So it offers more space for less than the city median—but you’re paying a premium relative to smaller homes on the same street.

3. Why is the land area so much smaller than the street average?
The average lot on William Avenue W is 3,800 sqft. At 2,598 sqft, this property is about 32% smaller. This is common for older infill homes in Weston, where lot sizes vary widely depending on when and how the street was subdivided. The property’s land area is actually right around the citywide average for its neighbourhood tier (2,598 vs. 3,269 sqft neighbourhood average), so it’s not unusually small for the area—just below average for this specific street.

4. What does the 1913 construction year mean practically?
An older home generally means more character (thicker walls, solid wood framing, often a more desirable location) but also potential for outdated electrical, plumbing, or insulation. In Weston, the average home was built in 1937, so this house is about 24 years older than the neighbourhood norm. It’s worth checking if major systems have been updated—the ranking only tells you age, not condition. Citywide, it’s older than 90% of homes, so it’s a relatively old structure by Winnipeg standards.

5. Is this a good investment for rental or resale?
The numbers suggest reasonable potential. The living area ranks very well locally, which is a strong selling point. The assessed value is below city average, meaning lower property taxes relative to a downtown or newer suburban home. However, the small lot and older age could limit appreciation speed and resale pool. If the neighbourhood continues to see demand for character homes with good interior space, it could hold value well. If buyers increasingly want newer builds or larger yards, it might lag. The data alone can’t predict that—local market trends matter more.