960 Winnipeg Avenue – Property Summary

Key Characteristics & Buyer Profile

This 1913 home on Winnipeg Avenue offers 1,548 square feet of living space on a 3,018-square-foot lot. What stands out most is its living area, which is well above average for its street—ranking in the top 15%—and well above average for the West Alexander neighbourhood and citywide. The assessed value ($233,000) also runs ahead of the street and neighbourhood averages, though it falls well below the citywide median of $390,100, reflecting how older, smaller-lot homes in central neighbourhoods compare to newer subdivisions on the city’s fringes. The house is older than most on its street (ranked 101 out of 142), and the lot is on the smaller side relative to the neighbourhood and city, typical of a more established area where properties were subdivided earlier.

The appeal here is the interior space. For buyers who prioritize room to spread out over a large yard or a modern build, this home offers generous square footage for its price point. It would suit someone looking for a character home in a central location who is comfortable with an older building and a modest lot. It’s less ideal for those seeking a move-in-ready, low-maintenance new build or a big yard for gardening or recreation.

Five Possible FAQs

1. How does this home’s value compare to others nearby?
The assessed value of $233,000 is above both the street average ($198,400) and the neighbourhood average ($187,300). It ranks in the top 23% locally but is well below the citywide average of $390,100, which is typical for older central-area properties versus newer suburban homes.

2. The lot is 3,018 square feet. Is that small for the area?
It’s slightly below average for the street (where the average is 3,558 sqft) and neighbourhood (3,591 sqft), and significantly below the citywide average of 6,570 sqft. Smaller lots are common in older, more walkable neighbourhoods—you’re trading yard space for location and often lower purchase price.

3. The house was built in 1913. What should I know about older homes?
It’s older than most homes on Winnipeg Avenue (average year built 1934) and the citywide median (1966). That means you should budget for potential updates to systems (electrical, plumbing, insulation) and consider whether windows, roof, and foundation have been maintained. It can also mean higher quality original materials if they’ve been preserved.

4. Is this a good investment property or a primary residence?
It leans more toward a primary residence for someone who values interior space and a central location over a large lot. The above-average living area relative to neighbours gives it solid bones, but the older age and smaller land area may limit price growth compared to newer, larger-lot homes. Investment potential depends on rental demand in the area.

5. What does “top 28% citywide” for living area actually mean in practice?
It means this house has more interior square footage than roughly 72% of comparable properties across Winnipeg. So if spacious rooms and floor plan are important, this house delivers that compared to most homes citywide, not just on its street or in its neighbourhood.