775 Alexander Avenue – Property Summary

Key Characteristics & Buyer Profile

This 828 sqft home on Alexander Avenue offers a compact footprint compared to local and citywide averages. Built in 1910, it sits in a neighbourhood where many properties went up around the same period—west of downtown Winnipeg, the median build year is 1921. The lot measures 2,734 sqft, which is close to the street average but falls short of both the community and city norms.

The assessed value sits at $110,000, well below the street average of $184,000 and far below Winnipeg’s typical $390,000. That lower valuation translates into proportionally lower property taxes, which is worth noting.

Where this property stands out is in its affordability relative to surrounding homes. Buyers who are willing to trade square footage for lower carrying costs will find the maths works in their favour here. It would particularly suit someone looking for a starter home or an investment property in an older, central neighbourhood—someone who doesn’t need maximum space and is comfortable with a home that has some history. The lot size is decent for the street, which may appeal to buyers who want a manageable yard without the maintenance of a larger property.

That said, the home is smaller than 71% of homes on the same street and sits on land that’s smaller than 74% of properties in the West Alexander area. If space is a priority, this likely won’t be the right fit. But for someone prioritising location and budget over size, it offers a realistic entry point into a central Winnipeg neighbourhood.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city average?
The citywide average ($390,000) includes many newer, larger homes across all of Winnipeg, including suburban areas. This property is in an older, central neighbourhood with more modest homes, so the local average is closer to $184,000. The lower assessment keeps property taxes relatively low.

2. How old is the house, and what does that mean practically?
The home was built in 1910, making it over a century old. Many homes on this street and in the West Alexander area date from the same era. That means the house may have original character, but it would be wise to check the condition of the roof, foundation, wiring, and plumbing, as these are common areas of concern in older homes.

3. Is the living area too small for a family?
At 828 sqft, it’s compact. For a single person, a couple, or someone using it as a rental property, it could work well. For a family, it would likely feel tight unless the layout is unusually efficient. It’s worth touring in person to see if the space suits your needs.

4. What’s the neighbourhood like?
West Alexander is a central Winnipeg neighbourhood with a mix of older homes and rentals. It’s close to downtown, the North End, and the Exchange District. Walkability to amenities varies by block. It’s an area that appeals to buyers looking for affordability and proximity to the core, though it’s less polished than some suburban areas.

5. How does the lot size compare to others in the area?
The lot is 2,734 sqft—about average for the street but smaller than most in the wider community and city. That means less yard work, but also less outdoor space for gardening, entertaining, or expansion. If a big backyard is important to you, this property likely won’t deliver that.