Property Summary: 1156 Alexander Avenue

Key Characteristics & Buyer Profile

This 1972-built home offers 1,176 square feet of living space on a 2,198 square foot lot. Its standout feature is its interior size: it ranks in the top 14% within the Weston neighbourhood (compared to an average of 936 sqft) and the top 23% along Alexander Avenue (average 1,015 sqft). While the living space is generous for the area, the lot itself is notably compact—ranking in the bottom 22% on the street and bottom 7% in the neighbourhood. The assessed value of $157,000 sits close to local averages but is significantly lower than the citywide norm of $390,000, which reflects both the smaller land size and the home's age. Built in 1972, the structure is newer than most nearby homes (area averages around 1937), meaning it may require fewer immediate major updates than older stock, though it's not a new build.

The appeal here is space efficiency. You get a genuinely larger-than-average floor plan without paying for a large yard or a high-end tax bracket. This suits buyers who prioritize indoor square footage—whether for a family, a home office, or extra living space—but don't need or want a big garden. It's a practical choice for someone looking for good value in a modest, established neighbourhood, particularly if they're willing to trade a private outdoor area for a lower purchase price and lower property taxes. It's less suited to buyers seeking a large lot, privacy from neighbours, or a move-in-ready modern finish.

Frequently Asked Questions

1. How does the property tax compare to similar homes nearby?
The assessed total value is $157,000, which is below both the street average ($184,000) and the neighbourhood average ($185,000). Your property taxes would be lower than most comparable homes in Weston.

2. Is the small lot a concern?
It depends on your priorities. At 2,198 sqft, the lot is small relative to the area—almost every other house on the street has more land. If you want a garden, space for kids to play, or room for an addition, this may feel tight. But if you prefer low-maintenance outdoor space, it’s an advantage.

3. Why is the assessed value so much lower than the city average?
Two main reasons. First, the lot is much smaller than the typical Winnipeg property (city average is 6,570 sqft). Second, the home is older than the city average (1972 vs. 1966 citywide, but newer than most in Weston). Assessed value tends to reflect land size more than interior square footage, so a compact lot pulls the number down.

4. Is the home likely to need major repairs soon?
The home is 53 years old (as of 2025). While it’s newer than the majority of homes on the street (average 1937), it's still at an age where major systems like roofing, windows, and mechanicals are likely original or have been replaced once. A home inspection is strongly recommended to assess the actual condition—age alone doesn't tell you when things were last updated.

5. How does this home compare to others in the neighbourhood overall?
It's a bit of a trade-off: you get more living space than almost any nearby property, but less land and a relatively average assessed value. It ranks well for livable square footage (top 14% in Weston) but poorly for lot size (bottom 7%). That makes it an outlier in the area—unusual, but not necessarily a bad thing if what you need is indoor room.