This home offers notably more space than typical properties on its street and in the surrounding West Alexander neighbourhood. With 1,872 square feet of living area, it ranks in the top 10% on Bannatyne Avenue and top 13% in the area. The assessed value of $299,000 also stands out locally—ranking top 10% on the street and top 4% in the neighbourhood—though it sits below the citywide average of $390,100. The land parcel is generous at 5,138 square feet, well above both street and neighbourhood averages, giving it more outdoor flexibility than many close-in city lots. The home was built in 1907, making it older than most comparable properties citywide, but around average for its immediate neighbourhood.
The appeal lies in the combination of interior square footage and lot size at a valuation that’s still reasonable by citywide standards. This isn’t a polished, turnkey newer build—it’s a property where you’re paying for space and location rather than modern finishes. It would suit a buyer who values a larger home and yard in an established central neighbourhood, and who is comfortable with the realities of an older structure: maintenance, systems updates, and the character that comes with a pre-war house. First-time buyers looking for more room than a typical starter home, or someone wanting to renovate and build equity, would find it worth a close look.
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How does the assessed value compare to similar older homes in the area?
The $299,000 assessment is significantly above the neighbourhood average of $187,300, but well below the citywide median of $390,100. This suggests the home is valued highly for its size and lot within West Alexander, yet remains affordable relative to newer or renovated properties elsewhere in Winnipeg.
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Is the 1907 construction a concern for things like wiring, plumbing, or insulation?
Yes, it’s worth investigating. A home of this age likely has original or updated systems at some point, but you should verify the condition of electrical, plumbing, and insulation during an inspection. The year-built ranking (top 81% on the street) means many nearby homes are newer, so this one may require more near-term upkeep than some neighbours.
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What’s the practical advantage of the larger lot size?
At 5,138 square feet, the lot is about 30% larger than the street average. This gives room for gardening, a workshop, parking for multiple vehicles, or future expansion—a notable benefit in a dense central area where smaller lots are common.
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How does the living area rank compared to homes across the whole city?
The home is in the top 14% citywide for living area, meaning it’s substantially larger than most Winnipeg homes. If you need space for a growing family or want rooms you can repurpose, this is a rare find at this price point.
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Is the neighbourhood generally older, or is this home unusually old for the area?
It’s around average for West Alexander, where many homes date from the early 1900s. The neighbourhood’s average year built is 1921, so a 1907 home fits in. You’ll see a mix of ages, but you won’t stand out as the only pre-war house on the block.