Property Overview: 1976 Alexander Avenue, Brooklands, Winnipeg

Key Characteristics & Appeal

This is a modest, one-storey home built in 1956, situated on a notably generous lot for its Brooklands neighbourhood. The 931 sqft living space is functional and typical for the area, but the property’s standout feature is its 3,574 sqft land parcel, which ranks in the top 25% for lot size on its street. This presents a significant opportunity for expansion, gardening, or simply enjoying more private outdoor space than most nearby homes offer. A renovated basement adds modern, functional living space.

The appeal here is grounded in value and potential. With a historically stable and relatively low assessed value, it represents an accessible entry point into the Winnipeg market. The combination of a renovated basement, a larger-than-average lot, and a home that is newer than many on its street creates a practical foundation. It suits first-time buyers looking for a home with immediate livability and future potential, or investors seeking a property where the land itself is a valuable asset. A thoughtful perspective is that this property offers a balance of manageable upkeep due to its smaller footprint, paired with the flexibility that comes from owning a larger piece of land in an established community.

Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or agent to understand if it’s a finished living space, a modernized utility area, or includes legal suites.

2. How does the lack of a garage affect parking and storage?
The property has no garage. Buyers should consider on-street parking availability and would need to plan for alternative storage solutions or the potential cost of adding a shed or carport in the future, which the lot size could accommodate.

3. The assessed value seems low. What does this mean for property taxes?
Yes, the assessed value is significantly below the Winnipeg city-wide average. This typically translates to lower annual property taxes, which is a financial advantage for the homeowner, though the municipal mill rate is the final determining factor.

4. The lot is large for the area. Are there any restrictions on what I can build?
While the lot size offers potential, any new structures, additions, or significant alterations would be subject to City of Winnipeg zoning bylaws and require permits. Checking setback requirements and zoning rules (R1, R2, etc.) would be an essential first step before planning any major changes.

5. The home is older. What should I know about its major systems?
Built in 1956, the roof, plumbing, electrical, and foundation should be carefully inspected. While the basement has been renovated, an inspection would clarify the condition of underlying systems and the quality of the renovation work itself.