Property Overview & Key Characteristics

This two-and-a-half storey home, built in 1907, is situated on a notably large 6,559 sqft lot in Winnipeg's West Alexander neighbourhood. Its primary appeal lies in its generous land size, which ranks in the top 1% of the local area, offering rare potential for expansion, gardening, or outdoor space in an inner-city setting. With 1,824 sqft of living space, the home itself is also larger than most in its immediate vicinity.

The property suits buyers looking for a project or a long-term hold in a central location. It’s ideal for someone with renovation experience, as the basement is noted as unrenovated, and the assessed value is significantly lower than nearby recent sales, suggesting an opportunity to add value. The buyer profile is likely a practical investor, a hands-on homeowner seeking a character home with ample yard space, or someone prioritizing land value and future potential over a move-in-ready condition.

Frequently Asked Questions

1. What does "two-and-a-half storey" mean for this home?
This is a classic architectural style common in older Winnipeg neighbourhoods, typically featuring two full floors of living space plus a smaller top floor (often in the roofline) that could be used as additional bedrooms or storage.

2. Why is the assessed value so much lower than the recent sale price?
The assessed value ($24.9k) is for municipal tax purposes and often lags behind market value. The recent sale price of $26.3k is a better indicator of current market value. The low values reflect the home's unrenovated state and are primarily a reflection of the land value in this area.

3. What are the implications of having such a large lot?
Beyond the obvious benefit of extra outdoor space, a lot size in the top 1% for the neighbourhood provides uncommon flexibility. It could allow for future additions like a garage, a laneway house (subject to zoning), or extensive landscaping, which are not possible on standard inner-city lots.

4. The home is 119 years old. What should I be most concerned about?
While charm and solid construction are hallmarks of this era, a pre-purchase inspection is essential. Key focus areas for a home of this age would include the foundation, original wiring and plumbing, roof condition, and insulation. The unrenovated basement suggests these core systems may be original or in need of updating.

5. How does the West Alexander neighbourhood compare?
West Alexander is a central, established neighbourhood. The data shows that this specific property ranks highly within its own area for lot and living space size, meaning it offers more physical space than most of its neighbours. It provides an urban lifestyle with older home character, but buyers should research the specific block and nearby amenities to ensure it fits their needs.