Property Summary: 1185 Alexander Avenue, Winnipeg

Section 1: Overview and Appeal

This is a 961 sq ft home built in 1906 on a 2,548 sq ft lot, located in Winnipeg’s Weston neighbourhood. Its key characteristics include a living space that is close to the average for both its street and community, sitting in the top half of homes locally. The property’s main appeal lies in its significantly below-average assessed value. At $142,000, it ranks in the bottom 2% citywide, making it one of the more affordable options relative to its neighbourhood. The land size is also smaller than typical for the area, which contributes to the lower tax base. This property would best suit a buyer looking for an entry-level home or a fixer-upper in a central neighbourhood, where the priority is lower carrying costs and a manageable footprint rather than square footage or a large yard. The older construction year (1906) means it’s a century home, which may appeal to those interested in character architecture and willing to take on the maintenance that comes with an older structure.

Section 2: Five Possible FAQs

1. How does this home’s size compare to others nearby?
   The 961 sq ft living area is close to the average for both Alexander Avenue (1,015 sq ft) and the Weston community (936 sq ft). It’s smaller than the citywide average of 1,342 sq ft, so it’s a compact home by Winnipeg standards, but typical for its immediate area.

2. Why is the assessed value so low compared to the city average?
   The assessed value of $142,000 is well below the citywide average of $390,000, and also below both the street and community averages (~$184,000). This is largely due to the home’s smaller land size (2,548 sq ft vs. 6,570 sq ft citywide) and its older construction year. Low assessments typically mean lower property taxes, but they can also reflect the home’s condition or lack of recent major upgrades.

3. Is this a fixer-upper or a move-in ready home?
   The data provided doesn’t include condition details. However, the combination of a low assessed value, a 1906 build date, and an entry-level price point often suggests a property that may need updates—especially given the age of the house. A home inspection would be essential to determine the actual state of the structure, mechanicals, and finishes.

4. What does it mean that the land size is in the 46th percentile on the street?
   It means the lot is slightly smaller than half the other lots on Alexander Avenue. At 2,548 sq ft, it’s below the street average of 2,977 sq ft, but not dramatically so. In Weston, it’s in the 30th percentile, meaning most nearby homes have larger yards. A smaller lot usually means less outdoor maintenance, but also less outdoor space for expansion or gardening.

5. How does this property compare to a typical starter home in Winnipeg?
   This home is smaller in both living area and lot size than the typical Winnipeg starter. Its assessed value is significantly lower, which could make it more accessible for a first-time buyer with a tight budget or one looking for a lower-risk entry into the market. However, its age and smaller footprint mean it may not appeal to buyers seeking a larger family home or a modern layout.