629 Alfred Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,512 sqft home built in 1945, sitting on a 3,004 sqft lot in the William Whyte neighbourhood of Winnipeg. Its standout feature is living space: well above average for its street (top 9%), its community (top 16%), and the city as a whole (top 30%). The assessed value sits at $209,000—higher than most homes on Alfred Avenue and in the immediate area, but well below the citywide median of $390,000. The lot size is unremarkable, close to the local average but small relative to the rest of Winnipeg.

Where the appeal lies is in the combination of generous interior space and a modest property tax base. You’re getting a house that’s significantly roomier than its neighbours, in a part of the city where land values and assessments tend to stay grounded. The 1945 build date puts it newer than most homes on the street and in the community, while still being older than the Winnipeg median—a middle-aged home with good bones rather than a fixer-upper from the 1920s.

This property would suit buyers who prioritise square footage and low carrying costs over a large yard or a modern open-concept floor plan. It’s a logical fit for someone who wants extra room—for a growing family, a home office, or simply breathing space—without paying a premium for a top-tier neighbourhood. It may also appeal to investors or first-time buyers looking for a property that has held its value locally but hasn’t yet been priced up to citywide levels.

Frequently Asked Questions

1. How does the property tax compare to similar homes in the area?
The assessed value of $209,000 is above the street average ($164,000) and the community average ($149,000), so property taxes will be higher than many nearby homes. But compared to the citywide median assessment of $390,000, the tax bill is modest. You’re paying more than your immediate neighbours, but significantly less than what a house this size would typically cost elsewhere in Winnipeg.

2. Is the lot size a limitation?
The 3,004 sqft lot is essentially average for the street and community, but small relative to the city (top 88% for size means most Winnipeg homes have more land). If you want a large backyard, a garden, or room to expand, this isn’t it. But if you’re fine with a manageable yard that doesn’t require much upkeep, it won’t feel cramped.

3. Why is the assessed value lower than the city average if the living space is larger?
Location is the main factor. William Whyte is not one of Winnipeg’s high-value neighbourhoods; land values and market demand are lower than many parts of the city. So a larger home in this area can still have a relatively low assessment. The property stands out for its size relative to its own street and community, not for its price.

4. How does the 1945 construction hold up compared to older homes in the area?
It’s newer than most homes on Alfred Avenue (average 1929) and in William Whyte (average 1927), which means it likely benefits from better building materials, wiring, and insulation than the pre-war stock nearby. But it’s still older than the citywide average (1966), so some updates—especially to mechanicals and windows—may be needed or have already been done. Worth checking.

5. What does “top 9% for living space on the street” actually mean in practice?
Out of 476 homes on Alfred Avenue, only about 42 are larger. That’s a genuine size advantage within walking distance of your neighbours. In a neighbourhood where most homes are under 1,100 sqft, this property offers roughly 40% more floor area. The rooms are likely bigger, and there’s likely more flexibility for how you use the space.