835 Winnipeg Avenue – Property Summary

Key Characteristics & Buyer Suitability

This is a compact, older home in the West Alexander neighbourhood of Winnipeg, built in 1934 with 804 square feet of living space on a 3,301-square-foot lot. Its assessed value is $194,000.

What stands out is how the property sits relative to its immediate surroundings. On the street and in the neighbourhood, the home is fairly average in terms of assessed value, land size, and age. But compared to citywide averages, it’s significantly smaller in both living area and lot size, older, and valued well below the median. This means the home is typical for its area but not for Winnipeg as a whole—which makes sense, given that West Alexander is an established inner-city neighbourhood with older housing stock and smaller lots.

The appeal here is mostly about location and affordability within the local context. A buyer gets a home that’s modest in size but priced in line with nearby properties, not inflated relative to the street. The rankings show this is not a standout property in any single metric, but it’s also not an outlier—it fits in. That can be reassuring for someone who wants a straightforward, no-surprises home in a built-up neighbourhood.

This property would best suit a first-time buyer, a small household, or someone looking for a lower-maintenance home in a central area. It’s less suited to families needing more space, buyers wanting a large yard, or investors looking for a property with high appreciation potential relative to the city. The 1934 build means some original character but also likely older systems and finishes—buyers should budget for updates.

Frequently Asked Questions

1. How does this home compare to others on the same street?
On Winnipeg Avenue, the home ranks around the middle for assessed value (49th percentile) and land size (46th percentile). Living area is below average (80th percentile, meaning it’s smaller than most nearby). So it’s not the smallest or cheapest on the street, but it leans toward the smaller side.

2. Is the assessed value of $194,000 reasonable?
The street average is $198,400, and the neighbourhood average is $187,300. The home is right in that range. Compared to the citywide average of $390,100, it’s low—but that reflects the area, not a problem with the property.

3. What’s the lot like?
The land is 3,301 sqft, which is slightly below the street average of 3,558 sqft and the neighbourhood average of 3,591 sqft. It’s not a big yard, but it’s also not unusually small for the area. Citywide, lots in Winnipeg average 6,570 sqft, so this is well below that—typical for an older central neighbourhood.

4. How old is the building, and does that matter?
Built in 1934, so close to 90 years old. On the street and in the neighbourhood, that’s around average (the neighbourhood average build year is 1921). Citywide, the average home was built in 1966, making this older than most Winnipeg homes. Expect original construction details but also potential issues with wiring, plumbing, insulation, or foundation—worth a thorough inspection.

5. What does “Top 80%” or “Top 93%” actually mean?
These rankings show where the property falls compared to similar homes. A rank of “Top 80%” means it’s in the bottom 20% for that metric (smaller living area, for example). “Top 93%” means it’s in the bottom 7% (very low value compared to citywide). The bar fill indicates how many homes it outperforms. So lower percentages are generally worse for size or value, but the property should be judged within its own street and neighbourhood, not just citywide.