Property score
42.2
Below average
Overall 42.2 · Smaller but newer than most nearby homes
648 sqft (bottom 12%) · Built in 1961 (24 yrs newer than avg)
Located in a above-average income area with median household income of ~77.5k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 3 parks nearby
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Above average
24 yrs newer than neighborhood avg.
Mother tongue
English · 59%Tagalog · 26%
Past 10 years Weston sales snapshot (~80% of all data)
682
202.5k
$245/sqft
1937
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42.2 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: #46110148
$78K
Median household income
$83K
Average household income
18%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
12%
Single-person households
30%
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
1603 William Avenue W — 8 amenities found within 500 m, across 6 categories, including 1 dining (nearest 347 m), 1 education (nearest 111 m), 1 healthcare (nearest 107 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 25% | Bottom 30% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 648-square-foot home built in 1961 on a 2,602-square-foot lot in Winnipeg’s Weston neighbourhood. Its standout feature is assessed value: at $211,000, it ranks in the top 25% within Weston and sits above the local average of $184,700. On its own street, the value is around average.
The home is smaller than most comparables—both on the street and citywide—and sits on a lot that’s below average for the area. However, the year built (1961) is newer than many nearby homes, which average 1939 on the street and 1937 in the neighbourhood. This suggests the property may have been built during a later wave of development, potentially offering more modern construction than surrounding older stock.
Where the appeal lies: The value ranking relative to size suggests a potential price-to-space efficiency. For a buyer who doesn’t need a large footprint or a big yard, this property may offer a relatively low entry point in a neighbourhood where assessed values are trending above the local median. The compact size could also mean lower maintenance and utility costs.
Best suited for: First-time buyers looking for an affordable entry into a stable neighbourhood, downsizers who want something manageable, or investors targeting properties with below-average living area but above-average value retention. It’s less suitable for anyone needing generous indoor or outdoor space, or for those comparing strictly on square footage against citywide benchmarks.
1. How does this property compare to others on William Avenue?
It’s smaller than most—648 sqft versus the street average of 1,090 sqft—but its assessed value is right around the street average. That means it’s roughly on par price-wise with larger homes on the same street, which could reflect location, condition, or lot specifics not captured in the data.
2. Is a 648 sqft home practical for a small family?
It depends on layout. This size is common for a one-bedroom or small two-bedroom unit. Families with one child might manage, but two children or the need for a dedicated home office would likely feel tight. The land area is also modest, so outdoor expansion isn’t an obvious option.
3. Why is the assessed value relatively high for such a small home?
Assessed value reflects factors beyond square footage, including location, lot value, and comparable sales. In Weston, the neighbourhood average value is $184,700, and this home’s $211,000 puts it above that. Compact homes can carry higher per-square-foot values if demand is steady and inventory is limited.
4. How does the land size affect the property’s potential?
At 2,602 sqft, the lot is smaller than average for Weston (3,269 sqft) and significantly smaller than the citywide average. This limits scope for additions or large landscaping projects but also means less yard work. For some buyers, a modest lot is a feature, not a drawback.
5. What should someone consider before viewing this property?
Look closely at the home’s condition and layout—the data can’t tell you if the 648 sqft is well-used or cramped. Also consider the street ranking: it’s among the smaller homes on William Avenue, which could affect resale if future buyers prefer larger units. If you’re comfortable with compact living and the neighbourhood fits your lifestyle, the value proposition is solid.
