906 Mcdermot Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 728-square-foot home built in 1946, sitting on a 3,695-square-foot lot in Winnipeg’s West Alexander neighbourhood. Its assessment value is $207,000.

The property’s appeal lies in its affordability and lot size relative to the house. While the living area is below average both on its street and citywide, the lot is around average for the street and neighbourhood—larger than many homes of similar vintage. The house itself is older than the citywide average but newer than much of West Alexander, and the assessed value sits close to the street and neighbourhood medians, making it a comparatively modest entry point into the market. Citywide, it ranks in the bottom tier for value, which reflects the smaller size and older construction.

This property would suit a buyer who prioritises location and land over square footage. It’s a practical fit for someone looking for a lower-cost entry into a central neighbourhood, or for a buyer who sees potential in a property where the house is modest but the lot offers room for future expansion, a garage, or outdoor space. It may also appeal to investors or renovators comfortable with an older home in a mixed-density area.

Five Possible FAQs

1. Is the home in a flood-prone area?
No flood risk information is provided in this data. Buyers should check local flood zone maps or inquire with the municipality, especially given the property’s age and central location.

2. How does the assessed value compare to recent sale prices?
The assessment is $207,000, but assessment values may lag behind market conditions. It’s best to compare with recent sale prices of similar homes on Mcdermot Avenue or in West Alexander for a realistic sense of value.

3. What’s the neighbourhood like for families or commuters?
West Alexander is an older, established neighbourhood close to downtown Winnipeg. The data doesn’t include schools, transit, or amenities, so buyers should walk the area, check school catchment boundaries, and confirm commute times.

4. Are there any known issues with homes built in 1946?
Homes from this era often have older electrical, plumbing, and insulation. A thorough home inspection is recommended. The data shows the house is newer than the neighbourhood average (1921) but older than the citywide average (1966), so it may have updates—or may need them.

5. What’s the potential for adding square footage or a secondary suite?
The 3,695-square-foot lot is around average for the street, and zoning in this area may allow additions or conversions. Check with the City of Winnipeg’s planning department for permitted uses, setbacks, and density allowances before purchasing.