Key Characteristics & Buyer Profile

570 Alfred Avenue is a 1,100 sqft home built in 1909, sitting on a 3,268 sqft lot in Winnipeg’s William Whyte neighbourhood. Its standout feature is the land: relative to other properties on the same street, the lot size ranks in the top 19%. That’s a meaningful advantage in a dense urban area where outdoor space often comes at a premium. Inside, the living area is near the street and neighbourhood averages—solid and unremarkable. The assessed value ($139,000) is notably low compared to citywide averages, ranking in the bottom 2% across Winnipeg. This combination of a generous lot and a low tax assessment means the property offers relatively low carrying costs for a detached home, but the structure itself is older than most in the city (95% of Winnipeg homes are newer). The appeal lies in land value and affordability, not in modern finishes or square footage. It would suit a buyer who is comfortable with an older home and sees potential in a property where the land may appreciate or allow for future expansion. First-time buyers priced out of newer homes, or investors looking for a rental with below-average tax burden, would likely find it worth a closer look. Those seeking a move-in-ready, low-maintenance property should probably keep looking.

Five Possible FAQs

1. How does the assessed value compare to similar homes in the area?
The assessed value of $139,000 is slightly below the neighbourhood average of $149,000 and well under the citywide average of $390,000. On the street, it’s below the median but not an outlier. For a buyer, this typically means lower property taxes relative to most Winnipeg homes, though it may also reflect the age or condition of the building.

2. Is the older build date a concern?
The house was built in 1909—older than most homes on Alfred Avenue (average 1929) and significantly older than the city average (1966). Older construction often means solid materials but also requires more ongoing maintenance. Buyers should budget for potential upgrades to systems (electrical, plumbing, insulation) unless they’ve already been addressed. The ranking suggests this is not uncommon in the immediate area, so neighbourhood context matters.

3. How should I interpret the “top 19%” ranking for lot size?
The land area of 3,268 sqft is above average for the street (3,225 sqft) and ranks in the top 19%. This is a genuine advantage on Alfred Avenue, where many properties sit on slightly smaller parcels. Compared to Winnipeg as a whole, the lot is still below average (6,570 sqft citywide), but in an older, denser neighbourhood, a larger lot often means more yard space, off-street parking potential, or room for an addition.

4. What kind of buyer typically looks at a property like this?
Two types come up most often. First, buyers who want a detached home in the city but are constrained by budget—the low taxes and price point are hard to match. Second, buyers who see the lot as the primary asset and are willing to invest in the house over time. It’s less suited for someone wanting a move-in-ready, turnkey property with modern amenities.

5. How does this home compare to others listed nearby?
Based on the data, this home is close to the neighbourhood average in living area and assessed value, ahead on lot size, and behind on build year. That’s a fairly typical profile for William Whyte, where older homes on reasonably sized lots dominate. The key differentiator here is the lot ranking on the street itself—many homes on Alfred Avenue have less land, so if outdoor space matters, this property stands out in its immediate context.