836 McDermot Avenue – Property Summary
Key Characteristics & Buyer Profile
This 1913-built home offers 1,838 square feet of living space on a 3,301 square foot lot. What stands out immediately is the living area: it ranks in the top 9% on its street, top 15% in the West Alexander neighbourhood, and top 16% citywide in Winnipeg. In plain terms, you get significantly more interior space than most comparable homes around it.
The assessed value tells a more nuanced story. At $257,000, it sits above average for both the street (top 19%) and the neighbourhood (top 13%), but well below the citywide average of $390,100. This suggests the property offers relatively good value for its size—you're paying a premium locally, but not relative to the broader market.
The lot size and build year are more average. The lot is slightly smaller than the street and neighbourhood averages, and the home is older than much of the city (top 90% for age). That said, within West Alexander, it's not unusually old (top 33%).
Where the appeal lies: The property suits buyers who prioritize spacious interiors over a large yard or a newer build. It's likely a strong fit for someone who wants room to spread out without paying citywide prices—perhaps a family needing extra square footage, or someone interested in a character home in an established neighbourhood where comparable properties are either smaller or more expensive.
What type of buyer it would suit: Someone looking for above-average living space in a centrally located Winnipeg neighbourhood, who is comfortable with an older home and a modest lot. Investors or owner-occupants who value floor plan flexibility over modern finishes might find this particularly interesting.
Frequently Asked Questions
1. How does the living space compare to other homes in the area?
It's well above average. On McDermot Avenue, only about 9% of comparable homes have more living area. The same holds true for the broader West Alexander neighbourhood and the city, where it ranks in the top 15% and top 16%, respectively.
2. Is the assessed value high or low for what you get?
Relative to the street and neighbourhood, yes—it's above average. But compared to similar homes across Winnipeg, it's actually below average. That gap between local premium and citywide discount is unusual and suggests the home may be undervalued from a citywide perspective.
3. What's the lot like? Is it small?
The lot is slightly below average for the street and neighbourhood, and significantly smaller than the citywide average for comparable homes. If a large yard is a priority, this property might feel tight. The appeal is clearly the house itself, not the outdoor space.
4. How old is the home, and is that a concern?
Built in 1913, it's older than most homes in Winnipeg—about 90% of city properties are newer. However, within West Alexander, it's not particularly old for the area. Age can mean character and solid construction, but it also often requires more maintenance and potentially updates to systems, insulation, or wiring.
5. Why is the property ranked differently at the street, neighbourhood, and city levels?
Rankings shift because the comparison groups change. On McDermot Avenue, the home competes with a small set of similar properties, many of which are also older or have smaller lots. At the city level, it's compared to a much larger, more diverse pool—so its age and lot size drop in rank, while its living area still holds up well. This layered ranking helps you see exactly where the property stands out and where it's merely average.