1216 Alexander Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 700-square-foot home built in 1946, sitting on a 4,089-square-foot lot in the Weston area of Winnipeg. Its standout feature is the land: the lot is well above average for both the street (top 19%) and the neighbourhood (top 22%). That’s the kind of thing buyers looking for expansion potential, a large yard, or a garage addition tend to notice first. The house itself is compact—about 30% smaller than the citywide average for comparable homes—and the assessed value ($159k) reflects that, though it’s not out of step locally.

What’s less obvious is the timing. This property ranks in the top third for age on the street and top 29% in the neighbourhood, meaning it’s actually newer than many of its immediate neighbours (area average is 1937). That may matter if you prefer a building that’s had mid-century updates or a more modern foundation than some of the older stock. The assessed value falls in the middle of the pack locally, which can be a signal of fair pricing relative to the block.

This home would suit a buyer who values outdoor space over interior square footage—someone willing to put work into the house (or keep it modest) for the sake of a larger lot in a settled, inner-ring neighbourhood. It could also appeal to an investor or flipper who sees the land-to-building ratio as undervalued compared to tighter-packed city properties. It’s less suited to someone seeking a move-in-ready, larger contemporary home at a mid-range price point.

Five Frequently Asked Questions

1. How does the assessed value compare to similar homes on the street?
The assessed value of $159,000 is slightly below the street average of $184,300, ranking near the middle (top 58%). That means you’re paying less than many neighbours, likely because of the smaller living area rather than the lot size.

2. Is the living area unusually small for the neighbourhood?
Yes, it’s below average at 700 sqft compared to the neighbourhood average of 936 sqft (top 78%). That said, it’s not an outlier—many homes on Alexander Avenue are similarly sized, and the street average is 1,015 sqft.

3. What does the lot size really mean for daily use or future plans?
At 4,089 sqft, the lot is roughly 40% larger than the street average and 25% bigger than the neighbourhood average. That’s enough space for a generous garden, a detached garage, or a home addition without cramping the yard. Zoning and setback rules would need checking, but the land gives you options.

4. How old is the house, and is that typical for the area?
Built in 1946, it’s slightly newer than the neighbourhood average (built around 1937) and ranks in top 29% for age locally. Many surrounding homes are from the pre-war era, so this is one of the newer older homes in Weston.

5. How does this property compare to citywide averages?
Citywide, both the living area (top 96%) and assessed value (top 96%) are well below the median—those numbers reflect how much larger and more expensive many Winnipeg homes are. The lot is closer to average (top 73%). So if you compare it to the whole city, it’s a compact, affordable property on a reasonably sized piece of land.