Property Overview
This one-and-a-half storey home on Alverstone Street in Daniel McIntyre presents a classic Winnipeg character home opportunity. Built in 1909, it offers 1,070 sqft of living space on a 2,870 sqft lot, with a detached garage. Key metrics show it is consistently around average for its immediate street and neighbourhood in terms of living area, land size, and assessed value, positioning it as a typical home for the area rather than an outlier. Its appeal lies in its established location and the potential inherent in a character property. The basement is noted as unrenovated, indicating a canvas for customization.
This home would suit a first-time buyer or an investor comfortable with a property that has historical charm and may require updates. It’s for someone who values a central neighbourhood over a modern, turn-key home and sees the unrenovated spaces as a chance to add value. A thoughtful perspective is that its "average" metrics for the area provide a stable, predictable entry point into the market without the premium or the extreme fixer-upper risk.
Frequently Asked Questions
Is this a large home for the neighbourhood?
No, its living area of 1,070 sqft is slightly below the average for similar homes on Alverstone Street (1,193 sqft), making it a comfortably sized, typical home for the area.
How does the assessed value compare?
The assessed value is around average for both the street and the broader Daniel McIntyre neighbourhood. Notably, it is below the citywide average, which is common for older, central neighbourhoods compared to newer suburban areas.
What should I know about the age of the home?
Built in 1909, it is older than most homes on its street and significantly older than the Winnipeg average. This suggests classic construction and character, but buyers should budget for potential maintenance or updates consistent with a home of this era.
Is the lot size a pro or a con?
The lot is fairly standard for the central neighbourhood. At 2,870 sqft, it is slightly smaller than the street average but very close to the neighbourhood average, offering a manageable yard space typical of the community.
The basement is noted as "not renovated." What does that imply?
This indicates the basement is in original or functional condition, not modernized. It presents both a cost consideration for future finishing and an opportunity to customize the space to a new owner's needs without first undoing a recent renovation.