670 Alfred Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,812 sqft single-family home built in 1914, on a 3,004 sqft lot in Winnipeg's William Whyte neighbourhood. Its standout feature is living space: the home ranks in the top 3% on its street and top 7% in the area for square footage, well above local averages. The assessed value sits at $177,000, which is slightly above the street and neighbourhood medians but well below the citywide average—reflecting the older housing stock and smaller lot sizes common in this part of the city.

The appeal here is straightforward: you get a lot of interior room for a relatively modest price point. It's not a "turnkey premium" or a modern layout, but it offers space that's hard to find at this cost elsewhere in Winnipeg. The land area and year built are both around average for the street, meaning the property doesn't stand out for lot size or age, but it's in consistent company.

This would suit a buyer who prioritises square footage over finishings, and who is comfortable with an older home that may need updating. It's a strong fit for someone looking to get into the market with a larger-than-typical floor plan, or for an investor who sees value in a property whose assessed value lags behind its spatial footprint. It's not the right choice for someone seeking a modern layout, a large yard, or immediate resale to a mainstream buyer.

Frequently Asked Questions

1. How does the assessed value compare to the listing price?
That's not stated in the data. The city's assessed value is $177,000, which is used for property tax calculations. The asking price could be above or below that—it's common for older homes in William Whyte to list close to or slightly above assessment, but that varies. You'd need to check the current listing to see how they align.

2. Is the 1,812 sqft living area measured as finished above-grade?
Likely yes: "living area" in city and MLS data almost always refers to above-grade finished space. That figure would exclude any basement or attic square footage, unless those are fully finished with proper ceiling height and egress. If the home has a basement suite or partially finished lower level, that would be additional.

3. How does this home compare to others in William Whyte?
It's above average for living area (top 7%) and assessed value (top 27%), but around average for year built and land area. That means it's one of the larger homes in the neighbourhood, but not unusually old or on a bigger lot. Its street-level ranking (top 3% for living area) suggests it's one of the largest on Alfred Avenue specifically.

4. Why is the citywide assessed value rank so low (top 95%)?
Because Winnipeg's citywide median assessed value is $390,100. This home's $177,000 is well below that, placing it in the bottom 5% citywide. That reflects the neighbourhood's profile—William Whyte has older, smaller, lower-value homes than newer suburbs. The ranking doesn't mean the home is undervalued; it just shows it's in a lower-cost part of the city.

5. What should I look out for with a 1914 build?
Electrical, plumbing, and foundation condition are the main concerns. The home's year built is typical for the street (average 1929), so many neighbours share the same vintage. Check for updates to knob-and-tube wiring, cast iron pipes, and any signs of settling or water damage in the basement. A home inspection focused on structure and mechanicals is essential. The upside: older homes in this area often have better-quality framing and thicker walls than modern builds, but that comes with maintenance trade-offs.