Key Characteristics & Buyer Profile

This 880-square-foot home on Alexander Avenue offers a solid land-to-building ratio. The lot is 4,278 square feet, which is significantly larger than the average for both the street (2,977 sq ft) and the surrounding Weston neighbourhood (3,269 sq ft). That puts it in the top 16% locally for lot size—a clear standout feature. The house itself was built in 1946. While that’s older than the Winnipeg average (1966), it’s in line with the character of the area; many neighbouring homes date from the late 1930s.

The property is modest in living area—slightly below the neighbourhood average of 936 square feet, and well below the citywide average of 1,342 sq ft. Its assessed value of $156,000 is also below local and citywide averages. This combination (decent land, older, smaller structure) often points to a property where the value is in the land rather than the current house.

Where the appeal lies: This is less about a move-in-ready turnkey home and more about potential. The oversized lot in a central, established neighbourhood suggests possibilities for expansion, a major renovation, or possibly redevelopment (subject to local zoning). It may also appeal to someone who values a manageable interior footprint but wants outdoor space—a good-sized yard is often hard to find at this price point.

Who it suits: Buyers who are comfortable with a project or who aren’t looking for maximum square footage. This could work well for someone planning an addition, a downsizer who wants single-floor living with a big garden, or an investor looking at a long-term hold in an older, stable neighbourhood like Weston. It’s less suited to someone wanting a large, modern home with no work needed.

Frequently Asked Questions

1. How does the living space compare to other homes nearby?
It’s close to average for both Alexander Avenue and the Weston area. The house is slightly smaller than typical local homes but not noticeably out of step with the street. It’s when compared citywide that the difference is more noticeable—this is a smaller home by Winnipeg standards.

2. Why is the assessed value relatively low?
The assessment reflects the current structure and its size. At $156,000, it’s well below the city average of $390,000 and a bit below the Weston average of $185,000. The value is likely weighted toward the land, which is the property’s strongest asset.

3. Is the lot big enough to build an addition or redevelop?
At over 4,200 square feet, the lot is generous for the neighbourhood. It ranks in the top 16% locally. Whether you can add on or subdivide depends on current zoning and setback rules in Weston. It’s worth checking with the city, but the lot size itself is a clear advantage over typical properties in this area.

4. How old is the house, and what does that mean practically?
Built in 1946, the house is typical for the street and slightly newer than the Weston average (both around 1937). It’s older than most homes citywide. With a house this age, expect older systems, possibly original construction methods, and the need for ongoing maintenance. A thorough home inspection is strongly recommended.

5. How does this property compare to others on Alexander Avenue specifically?
It’s fairly average in terms of size and assessed value for the street, but it stands out for its lot size. Most homes on Alexander have smaller lots (average just under 3,000 sq ft), so this one offers more outdoor space than most of its immediate neighbours.