Property Overview: 1887 Alexander Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on Alexander Avenue in Brooklands presents a practical and value-oriented opportunity. Built in 1984, it is notably newer than most homes on its street and in the wider area, suggesting potentially fewer major age-related concerns. The living space of 1,169 sq ft is generous for the immediate neighbourhood, offering more room than many nearby homes. A key feature is the renovated basement, adding functional living area. The property includes a detached garage.
Its primary appeal lies in its balance of relative modernity, above-average interior space for the locale, and an updated basement, all at an assessed value that sits well below the Winnipeg city average. This creates a scenario of getting more house for your dollar within its specific community context. The lot size, while smaller than city averages, is typical for Brooklands.
This home would suit first-time buyers or practical investors seeking a foothold in the market with a home that requires less immediate updating. It also fits buyers who prioritize interior living space over expansive yard maintenance. A thoughtful perspective is that its "newer" vintage (1984) in an older neighbourhood might offer better energy efficiency and layouts than surrounding homes, while still carrying the established character of the area.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely sale price?
The home last sold for $245,000 in 2021, and its current assessed value is $240,000. While assessment values are for taxation purposes and not a direct market appraisal, this close alignment suggests a stable value history. The sale price will ultimately be set by the current market.
2. Is the smaller lot size a disadvantage?
This depends on your priorities. The lot is below average for the city but typical for Brooklands. It means less yard maintenance, which can be a benefit for busy homeowners, but less private outdoor space.
3. What does "renovated basement" typically mean here?
While specific finishes aren't detailed, in a home of this age and area, a renovated basement likely means it has been finished into a livable space (e.g., rec room, additional bedrooms) with proper flooring, walls, and ceiling, adding valuable functional square footage.
4. How does the 1984 build year compare?
It's a significant advantage for the street, where the average home was built in 1937. This generally implies more modern construction standards, wiring, plumbing, and insulation compared to much older neighbours.
5. Who might this neighbourhood appeal to?
Brooklands offers affordability and a central location in Winnipeg. This property, in particular, appeals to those wanting a home that feels more contemporary inside than the neighbourhood's historic average suggests, without paying a premium associated with newer suburban developments.