Property Overview

This two-storey home at 1975 Alexander Avenue in Winnipeg's Brooklands neighbourhood presents a distinct profile. Its primary appeal lies in being a modern structure within an established area, offering a balance of space and efficiency.

Key Characteristics & Ideal Buyer

Built in 2021, this is a notably new home compared to its peers, ranking in the top 3% for year built both on its street and in the wider Brooklands area, where the average home is decades older. This means move-in readiness with modern building standards, without the immediate need for major system updates common in heritage properties.

The living space of 1,347 sq ft is comfortably above average for the local area, providing more room than many neighbouring homes. However, the land size of 2,364 sq ft is more modest, suggesting a lower-maintenance yard. The property features an unrenovated basement and does not include a garage or pool.

Its appeal is for the practical, value-conscious buyer who prioritizes modern construction and interior space over a large lot. It would suit a first-time homebuyer seeking a turnkey property, or an investor attracted by the new build's durability and lower maintenance costs in a rental market. A thoughtful perspective is that this home offers a way to live in a character neighbourhood without inheriting the potential issues and renovation projects of an older house, though it may have less vintage charm.

Frequently Asked Questions

1. Why is the assessed value significantly different from the last sale price?
The home was last sold in July 2021 for $34,900. Its current assessed value is $34,100. This close alignment suggests stable municipal valuation, but the final market price is always determined by current buyer demand.

2. What does "above average" living area but "below average" land area mean for me?
It indicates a efficient use of space: you get a relatively spacious interior for the neighbourhood, but with a smaller, more manageable yard to maintain. This is often a preferred trade-off for those with busy lifestyles.

3. The home is new, but what about the neighbourhood's overall age?
Brooklands is an established area where most homes were built in the mid-20th century. Your property would be one of the newest on the block, offering modern comforts within a mature community with settled amenities and tree-lined streets.

4. Is the lack of a garage a significant drawback?
This depends on your needs. Many homes in older Winnipeg neighbourhoods lack garages. It simplifies the structure and reduces costs, but means relying on street parking or considering the cost and feasibility of adding a shed or carport later.

5. What potential is there with the unrenovated basement?
An unfinished basement provides a blank canvas for future expansion—whether for storage, a recreational room, or a suite—allowing you to customize the space to your needs and budget over time, without undoing previous renovations.