1380 Alexander Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a relatively new home in an older neighbourhood. Built in 2016, it stands out sharply against the surrounding housing stock, where the average build year is 1937. The living area is 1,392 square feet, which is notably larger than most homes on Alexander Avenue (top 9%) and in the Weston area (top 6%). Assessed value reflects that desirability—$322,000, placing it in the top 5% on the street and top 2% in the neighbourhood.

The trade-off comes with the land. At 2,125 square feet, the lot is small. It ranks in the bottom 5% on the street and bottom 2% in the area. Citywide, it’s in the bottom 1%. For buyers, this means less outdoor space and yard maintenance, but also a lower entry point into a newer, well-finished home in an established part of Winnipeg.

The appeal lies in getting a modern, efficient house without the premium of a new-development suburb. It would suit someone who prioritizes indoor space and a contemporary floor plan over a large yard—likely a first-time buyer, a couple, or a small family who wants a move-in-ready home in a central location with character. It may also appeal to investors looking for a low-maintenance rental in an area where older homes dominate.

Frequently Asked Questions

1. The home is ranked high on value and size, but the lot is small. Is that normal for Weston?
It’s unusual for the area. Most homes in Weston are older and sit on larger lots. This property is essentially an infill or a newer build that replaced an older house. The small lot is the compromise for getting a home that’s more than 80 years newer than its neighbours.

2. What does “citywide average” mean in the rankings?
It’s a rough median benchmark for comparable homes across Winnipeg. Because the city has a wide range of older and newer homes, “around average” at the city level often just means the property fits within the typical range for the whole city. The more useful comparisons are at the street and neighbourhood level.

3. Does the assessed value of $322k reflect market price?
Not necessarily. Assessed value is used for property tax calculations and lags behind market conditions. In a market where homes are selling above assessment, this could be a starting point for offers. It also shows that relative to other homes on the street, this property is valued much higher, which usually translates into stronger resale potential.

4. Why is the year built such a standout?
Because most homes on Alexander Avenue and in Weston were built before 1940. A 2016 build means modern insulation, wiring, plumbing, and likely fewer immediate maintenance issues. It also means the house was built to current building codes, which is not something you can say for 90% of the neighbourhood.

5. With a small lot, is there any outdoor space at all?
The listing doesn’t specify lot shape or layout, but 2,125 square feet is roughly 40 by 53 feet. That’s enough for a small yard, patio, or garden, but not a large lawn or extensive landscaping. If you want a big backyard for kids or dogs, this likely isn’t the right fit. If you want a low-upkeep outdoor area that you can enjoy without spending weekends on yard work, it works well.