1658 Alexander Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,140 sqft home on a 2,171 sqft lot, built in 1914, with an assessed value of $185,000. Its main appeal is value: the assessed value sits in the bottom 6% citywide (Top 94%), while the living area ranks in the top 26% on its street and top 18% in the Weston neighbourhood. In plain terms, you get a larger-than-average interior for a very low citywide price point.

The trade-off is the lot. At 2,171 sqft, it’s smaller than almost everything around it – bottom 1% citywide (Top 99%) and bottom 7% in the neighbourhood. That means less outdoor space, but also less maintenance and likely a lower purchase price than neighbouring properties with bigger yards. The year built (1914) is older than most homes citywide, but typical for both the street and the neighbourhood. No surprises there for anyone familiar with Weston’s housing stock.

This property would suit a buyer who prioritises indoor square footage over land, and who is comfortable with an older home. It’s a strong candidate for someone looking for an entry point into a central Winnipeg neighbourhood without stretching their budget, or for an investor who values interior space per dollar over a big yard. It’s less suited to families wanting a large private outdoor area or buyers seeking a newer, move-in-ready structure without character.

Five Frequently Asked Questions

1. How does the assessed value compare to typical sale prices in the area?
The assessed value of $185,000 is in line with the street average ($184.3k) and neighbourhood average ($184.7k), but well below the citywide average for comparable homes ($390.1k). This suggests the property is priced for its immediate local market rather than broader city trends. Keep in mind that assessed value and sale price aren’t the same; condition, upgrades, and market timing will influence final sale price.

2. Is a 1914 home likely to have major maintenance issues?
It depends on how it’s been maintained. The age is typical for the street, so the property likely reflects common older-home considerations: potential for outdated wiring, plumbing, or insulation. A thorough home inspection is recommended, especially for the foundation, roof, and mechanical systems. Some buyers see this as an opportunity to renovate to their taste; others should budget for possible upgrades.

3. What’s the neighbourhood like in terms of amenities and transport?
This summary doesn’t include specifics on schools, transit, or shops, but Weston is an established central Winnipeg neighbourhood. Typically, homes of this era in this area offer good access to major routes and local services. Buyers should check walk scores and drive times for their own daily needs.

4. Why is the land area so small compared to other properties nearby?
The home sits on a compact urban lot. At 2,171 sqft, it’s significantly smaller than the street average of 2,977 sqft and the neighbourhood average of 3,269 sqft. This is common for older infill or narrower lots. It means less yard work and lower property taxes, but also limits expansion or outdoor uses like large gardens or play structures.

5. How reliable are the rankings provided here?
The rankings compare this property to “comparable homes” within each scope – on the street, in the neighbourhood, and citywide. They’re based on a modern AI-driven analysis of city assessment data. They give a useful snapshot of how this property stacks up, but they don’t account for cosmetic condition, recent renovations, or unique features. Always visit the property in person and consult a local real estate professional for a full assessment.