Property Overview: 1114 Alfred Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home in Burrows Central is defined by its generous, above-average lot size—one of its strongest assets. With 4,570 square feet of land, the property offers significantly more outdoor space than most in the immediate area and neighbourhood, ranking in the top 7% and 13% respectively. This presents a substantial opportunity for gardening, expansion, or simply enjoying a larger private yard. The house itself, built in 1948, is newer than many on its street and in Burrows Central, potentially suggesting fewer concerns related to very old infrastructure. With a detached garage and 1,012 sqft of living space, it fits the profile of a classic, no-frills Winnipeg home.

The primary appeal lies in its land value and positioning within its local context. While its assessed value is modest citywide, it is above average for Alfred Avenue, indicating it is a well-regarded property on its own block. This home would suit a practical, value-oriented buyer—perhaps a first-time homeowner, an investor, or someone seeking a manageable property with the flexibility that a larger lot provides. It’s for those who see potential in the land itself and are comfortable with a home that offers functional space rather than modern finishes or size.

Section 2: Frequently Asked Questions

1. What does the lot size ranking actually mean for me?
Ranking in the top 7% for land area on Alfred Avenue means this property’s lot is larger than 93% of comparable lots on the same street. In practical terms, you’re getting a yard that is about 40% larger than the street average.

2. The home was built in 1948. What should I consider?
While newer than many neighbours’ homes, a house of this age will still likely have older components. A thorough inspection for original plumbing, wiring, and the foundation is essential. Its “above average” age ranking locally is a relative positive but doesn’t negate standard due diligence.

3. Why is the assessed value so much lower than the citywide average?
The citywide average assessed value is skewed by much higher-value properties across all neighbourhoods. This assessment reflects the home’s value within its specific market context in Burrows Central, where it is actually assessed higher than many nearby properties.

4. How does the living space compare to nearby homes?
At just over 1,000 sqft, the living area is very close to the average for both the street and the broader Burrows Central neighbourhood. It is a compact layout typical of its era, so the living experience is more defined by the lot size than the home’s square footage.

5. What can the 2016 sale price tell me?
The prior sale price of $17,800 provides a historical benchmark, but it is not a direct indicator of current market value. It does, however, highlight the long-term affordability of the property and can be a starting point for understanding its appreciation.