Key Characteristics & Buyer Profile

This property is a 2015-built home with 835 square feet of living space on a 2,423 square foot lot, located in Winnipeg's Weston neighbourhood. Its standout feature is the building age: it is significantly newer than nearly all surrounding homes, ranking in the top 7% citywide for construction year. This means modern construction standards, likely better insulation and mechanicals, and less immediate maintenance than older stock.

The appeal lies in the contrast between its newness and its value proposition. The assessed value ($279,000) is notably high for its street and neighbourhood, placing it in the top 6% of the community. However, this is still well below the citywide average assessment ($390,000), suggesting it offers a relatively modern home without the price tag of newer areas. The trade-off is clear: the living space and lot size are both below average for the city, and the lot is particularly small relative to its own neighbourhood.

This would suit a buyer who prioritizes a move-in-ready, efficient home with lower immediate upkeep concerns over square footage or outdoor space. It is a realistic option for someone who wants a newer build in a more established, older community, where such properties are scarce. It is less suited to buyers needing a large yard or expecting generous room dimensions.

Five Possible FAQs

1. The living area is 835 sq ft. Is that considered small for a house built in 2015?
Yes, 835 sq ft is compact for a detached house of any era, but especially for a newer build. It is below the citywide average for comparable homes (1,342 sq ft) and also below the average for Weston (936 sq ft). It is essentially a highly functional, efficient floor plan rather than a spacious one.

2. The property tax assessment is $279,000, but it ranks very high on my street. Does that mean the taxes are high?
The $279,000 figure is the assessed value of the property for tax purposes, not the tax bill itself. It ranks high on Alexander Avenue because many neighbouring homes are older and have lower assessed values. The actual annual property tax would be calculated based on this assessed value and the current mill rate. You should request the exact tax amount from the seller or agent, as it will be higher than what older, lower-assessed homes on the same street pay.

3. How long does a 2015-build roof and furnace typically last?
Given the home is roughly nine years old at the time of this writing, the major systems (roof, furnace, hot water tank) should have a significant lifespan remaining. A typical asphalt shingle roof lasts 20–25 years, and a modern gas furnace lasts 15–20 years. This is a key advantage over the older homes in the area, where these may be due for replacement soon.

4. The lot is 2,423 sq ft, which is small for the area. Will I have any outdoor space?
You will have some yard, but it will be modest. The lot is smaller than 88% of homes in Weston, so the outdoor area is not generous. It is sufficient for a small patio, a garden bed, or a small pet, but not for a large playset or extensive landscaping. Parking is also something to verify, as a smaller lot may mean a narrow driveway or limited space.

5. How do the neighbourhood and street compare to the rest of Winnipeg?
Weston is an older, inner-city neighbourhood with an average home age of 1937. This property is an outlier in terms of newness. While the home itself ranks well for assessment value locally, the area overall is priced below the city average. Buyers should consider the immediate street character and proximity to amenities separately from the home’s own excellent condition.