Property Overview

This home sits on a 3,273 sqft lot with 1,382 sqft of living space, built in 1930. The assessed value is $239,000. Compared to other properties on Alverstone Street, it ranks in the top 24% for living area, top 19% for year built, top 26% for lot size, and top 29% for assessed value. Within the Daniel Mcintyre area, it falls in the top 18% for both living area and assessed value, and top 17% for age. Citywide in Winnipeg, it sits in the top 37% for living area but the bottom 15% for assessed value.

Where the appeal lies: The property offers a larger-than-average footprint for its street and neighbourhood, which is notable in an established area like Daniel Mcintyre. The lot size is generous relative to nearby homes, giving it potential for expansion, gardening, or outdoor space that tighter urban lots lack. The 1930 build means it has character construction—likely solid materials and mature detailing—but also suggests a buyer should expect older systems and possibly unrenovated interiors.

Who it suits: Buyers who prioritize space over turnkey condition. This home works well for someone who sees value in an older, well-proportioned structure and has the budget or inclination to update gradually. It could also suit a family looking for extra square footage and a bigger yard than what newer infills typically offer—without paying a premium for a fully finished property. It’s less suited to anyone wanting a low-maintenance, move-in-ready home in a higher-value bracket.

Five Possible FAQs

1. How does this home’s assessed value compare to similar properties in the area?
The assessed value is $239,000, which is above average for Alverstone Street and the Daniel Mcintyre area (top 18% locally), but in the bottom 15% citywide. This suggests the home is valued competitively within its immediate neighbourhood, but well below Winnipeg’s median home value—potentially reflecting its age or condition relative to newer or renovated stock elsewhere.

2. Is the living area measurement typical for a 1930s home in this neighbourhood?
At 1,382 sqft, it’s larger than both the street average (1,193 sqft) and the area average (1,142 sqft). Many 1930s homes in Daniel Mcintyre are closer to 1,100–1,200 sqft, so this one offers noticeably more interior space. However, 1930s layouts often include smaller rooms and less open floor plans, so usable space may feel different than a modern open-concept home of the same square footage.

3. What should a buyer consider before purchasing a home built in 1930?
Expect older plumbing, electrical, and insulation—these homes often lack modern wiring capacity and may need updates to meet current codes. Lead paint and asbestos were common in that era, so testing before major renovations is wise. On the upside, 1930s construction often uses old-growth lumber and higher-quality brickwork, which can be more durable than modern materials if maintained properly.

4. How does the lot size affect usability or future value?
The 3,273 sqft lot is larger than average for the street (roughly 26% larger than typical nearby lots). This gives room for a detached garage, a sizable garden, or potential for an addition, depending on zoning. In older urban neighbourhoods, larger lots can hold their value better than smaller ones, but they also mean more yard maintenance or costs for fencing, landscaping, and snow removal.

5. What are the rankings in simple terms?
The property performs best within its immediate street (top 19–29% across most metrics). In the broader Daniel Mcintyre area, it’s solidly above average. Citywide, the living area ranks well (top 37%), but the assessed value and lot size fall in the bottom 15–16%—meaning it’s a smaller, older home by Winnipeg standards, but a generous one for its specific pocket of the city. The rankings help show that context matters more than raw numbers.