Property score
38.3
Below average
Overall 38.3 · Smaller than most nearby homes
680 sqft (bottom 17%) · Built in 1923 (14 yrs older than avg)
Located in a above-average income area with median household income of ~72k
Transit 76.0 · 6-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 2 schools, and 2 parks nearby
Living Area
Below average
27% smaller than neighborhood avg.
Year Built
Near average
14 yrs older than neighborhood avg.
Mother tongue
English · 52%Tagalog · 30%
Past 10 years Weston sales snapshot (~80% of all data)
682
202.5k
$245/sqft
1937
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38.3 is composed by the two sections below.
Property Score
Community Score
Weston
How to read: Share of sales in each ~$50k price band for “weston” (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: #46110146
$72K
Median household income
$77K
Average household income
15%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
26%
Single-person households
31%
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
1406 William Avenue W — 6 amenities found within 500 m, across 3 categories, including 2 dining (nearest 377 m), 2 education (nearest 417 m), 2 parks (nearest 137 m).
Weston · WPS public data · 2026
Annual incidents
66
2026
vs. city avg
+124%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Other
35%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 13% | Bottom 12% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 680 sqft home built in 1923, situated on a 2,606 sqft lot in Winnipeg’s Weston neighbourhood. The property’s assessed value is $134,000.
The appeal here is primarily affordability and entry-level pricing. Compared to other properties city-wide, this home ranks in the bottom 2% by assessed value (Top 98%), and in the bottom 3% by living area (Top 97%). On its own street, it sits below average on both measures as well. The lot is also smaller than typical for the area, though within the Weston neighbourhood it ranks closer to the middle (Top 54%).
What stands out is that the home’s year built — 1923 — is actually around average for both its street and the Weston area, where many homes date from the late 1930s. That means the building stock here is consistently older, so this property isn’t an outlier in needing age-related maintenance. The real trade-off is space: you’re getting a compact home on a modest lot, but at a price point that ranks among the most accessible in the city.
This property would suit first-time buyers with a limited budget who are willing to trade square footage and lot size for lower entry costs. It may also appeal to investors targeting low-cost rental or renovation opportunities, particularly if the location functions well as a starter or downsizing option within Weston. Buyers should be comfortable with small living spaces and an older home that may require updates — but the surrounding neighbourhood’s housing stock is similarly aged, so this is not an unusual situation.
1. Is the assessed value of $134,000 out of line with what similar homes sell for?
Assessed value and market value are not the same thing. The city’s assessment is a baseline; actual sale prices depend on condition, upgrades, and demand. On William Avenue, the average assessed value among comparable homes is about $204,000, and the Weston neighbourhood average is around $185,000. So while this home’s assessment is low, it may reflect smaller size and age without major renovations — but it also suggests the ceiling for appreciation might be lower unless significant improvements are made.
2. How does the small lot size affect practical use?
At 2,606 sqft, the lot is smaller than the street average (3,800 sqft) and the Weston average (3,269 sqft). This means limited outdoor space for gardening, storage sheds, or additions. However, within the neighbourhood, the lot size is close to typical — so you won’t feel cramped compared to immediate neighbours. If you want a yard for kids or pets, this may be tight; if you prefer low-maintenance grounds, it could be a plus.
3. This home was built in 1923. Should I worry about major systems?
Older homes often have original wiring, plumbing, and foundations that need attention. That said, in Weston and on William Avenue, many homes are from the 1920s–1940s — so this age is not unusual for the area. A home inspection is essential, but the fact that the area’s housing stock is consistently old means local trades and suppliers are familiar with these structures. It’s not a red flag, but budget for potential updates.
4. How does this property compare to other entry-level homes in Winnipeg?
City-wide, this home ranks in the bottom 2–3% for both living area and assessed value. That puts it squarely among the most affordable and compact properties in Winnipeg. If you’re looking for the absolute cheapest homes on the market, this will be in that category. However, “cheapest” doesn’t necessarily mean “worst condition” — it may simply reflect small size and an older but solid structure in a working-class neighbourhood.
5. What are the chances the neighbourhood will see value growth?
That’s hard to predict, but some context helps. Weston is an older, established area with modest home values compared to Winnipeg averages. Smaller lots and older homes tend to appreciate more slowly than newer builds or larger lots in growing suburbs. On the other hand, if demand for affordable housing increases or the area sees redevelopment, lower-priced homes can benefit. Don’t count on rapid gains; think of this as a place to live rather than a quick investment flip.
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