Property Overview: 819 Alverstone Street, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 1912, offers a practical footprint of nearly 1,300 square feet on a standard city lot in the Daniel McIntyre neighbourhood. Its key appeal lies in its solid, no-frills positioning within the local market. The home's living space is above average for the immediate area, providing good room for a small family or couple. It features a renovated basement and a detached garage.
The data suggests this is a character home for a pragmatic buyer. Its assessed value is modest, especially when viewed citywide, which could indicate lower property tax obligations and an accessible entry point into homeownership. It would suit a first-time buyer, an investor, or someone seeking a straightforward, functional home in a central Winnipeg neighbourhood without the premium of a newer build or a large lot. The 2023 sale price indicates active market interest. A thoughtful perspective is that while the home isn't exceptional in any single metric locally, its combination of renovated basement, adequate space, and a detached garage presents a balanced, turn-key proposition in its price range.
Frequently Asked Questions
Q: How does this home compare in size to others nearby?
A: With 1,293 sqft, it offers more living space than the average home on Alverstone Street and in the Daniel McIntyre neighbourhood, providing a relative advantage in roominess for the area.
Q: What should I know about the year it was built?
A: Built in 1912, it's a character home typical of its neighbourhood. Buyers should budget for potential maintenance associated with an older home and consider a thorough inspection, but also appreciate the craftsmanship and established community of a well-located century-old property.
Q: Is the assessed value unusually low?
A: While around average for its immediate area, the assessed value is notably below the Winnipeg citywide average. This often correlates with more manageable property taxes, which is a key ongoing cost benefit.
Q: What does the land size mean for me?
A: The lot is just under 2,900 sqft, which is standard for the neighbourhood. It provides adequate outdoor space for a garden or patio but is not oversized, aligning with lower-maintenance yard care.
Q: How does the 2023 sale price context help me?
A: The sale price from mid-2023 was high relative to averages at the street, neighbourhood, and city levels. This indicates the property commanded a strong price in the recent market, which can be a useful benchmark for understanding its perceived value among buyers.