Property Overview: 1144 Alexander Avenue

Key Characteristics & Buyer Profile

This property is a 1948-built home with 700 square feet of living space on a 4,542 square foot lot. Its assessed tax value is $152,000.

The standout feature is the land. The lot is significantly larger than average for both the street and the Weston neighbourhood, ranking in the top 12% in both categories. This suggests a property where the land holds more value than the structure itself—a common dynamic in older, established areas.

The living space, however, is compact. The home is smaller than 86% of properties on Alexander Avenue and 78% of those in Weston. The building itself, while nearly 80 years old, is newer than many of its neighbours (average build year on the street is 1937), though it predates most homes city-wide.

The appeal here is straightforward: a large lot at a modest price point. This property would suit buyers looking for a project, those who prioritize outdoor space over interior square footage, or investors who see potential in the land. It’s less suited for someone seeking a move-in-ready family home with generous living areas. The below-average tax assessment also keeps carrying costs relatively low.

Five Frequently Asked Questions

1. The living area is small. Could I add on?

Yes, that’s often the logic behind buying this type of property. The lot is large, which gives you room to expand. However, you’d need to check local zoning bylaws and setback requirements in Weston, as well as the home’s structural suitability for an addition. A contractor or architect familiar with older Winnipeg homes would be a good first step.

2. Why is the assessed value so much lower than the city average?

The city-wide average assessment includes many larger, newer homes in higher-value neighbourhoods. This property’s value reflects its modest size, age, and location within a more established, modestly-priced part of the city. The assessment being close to the street and neighbourhood averages confirms it’s priced in line with its immediate area.

3. The house was built in 1948. What should I look for?

Homes of this era often have original wiring, plumbing, and insulation. The foundation should be inspected carefully, as older concrete can deteriorate. Lead paint and asbestos in floor tiles or pipe insulation are possible. The good news is that homes from the late 1940s are often built with quality lumber, so roof and wall structures can be in decent shape despite the age.

4. How does the neighbourhood compare to other parts of Winnipeg?

Weston is a residential area with a mix of older homes and some newer infill. It’s slightly below the city average in terms of property values and living space, which keeps prices more accessible. It offers proximity to downtown Winnipeg and major routes. Buyers tend to value the area for its relative affordability and established feel rather than for trendy amenities.

5. Is the lot size actually usable, or is it oddly shaped?

That’s worth confirming in person. The data shows a generous 4,542 sq ft lot, which is likely a rectangular city lot. Most older Winnipeg lots in this area are functional, but always check for things like easements, utility rights-of-way, or a narrow shape that limits what you can do. A site visit and a plot plan will answer that.