865 Mcdermot Avenue
Key Characteristics & Appeal
This property at 865 Mcdermot Avenue is a 720-square-foot home built in 1945, situated on a 4,153-square-foot lot. What stands out immediately is the land: the lot is above average for both the street and the West Alexander neighbourhood, ranking in the top 30% and 23% respectively. While the living area is on the smaller side—ranking well below average compared to similar homes locally and citywide—the assessed value tells a different story. The property’s assessment of 222k is around the street average but climbs to above average within the neighbourhood, which has a lower typical assessment of 187.3k. This suggests the home may offer more value relative to its immediate surroundings than its size alone implies.
The appeal here is practical rather than flashy. It suits buyers who prioritize outdoor space over interior square footage, or those looking for an older home (built 1945, which is newer than the neighbourhood average of 1921) in a location where land is comparatively generous. It could work well for someone wanting a manageable footprint with room for a garden, a workshop, or future expansion—provided they’re comfortable with a modest interior. It’s less suited to those seeking a large, move-in-ready house or a property that ranks strongly across all metrics.
Five Possible FAQs
1. How does the living area compare to other homes in West Alexander?
It’s below average. The neighbourhood average for similar homes is 1,299 square feet, and this property is 720 square feet. It ranks near the bottom, at 719th out of 772 homes.
2. Is the assessed value above or below what’s typical for the area?
Above average for the neighbourhood. The home is assessed at 222k, while the neighbourhood average is 187.3k. On the street itself, it sits around average.
3. How does the lot size compare to other properties citywide?
It’s below the citywide average. The typical lot for comparable homes in Winnipeg is 6,570 square feet, while this one is 4,153 square feet. However, it ranks well above average for both the street and the neighbourhood.
4. What year was the house built, and is that typical for West Alexander?
It was built in 1945, which is newer than the neighbourhood average of 1921. On its street, the average build year is 1942, so it’s close to that.
5. How should I interpret the rankings shown for each category?
Higher rankings (closer to #1) mean the property scores better in that category—larger lot, newer build, larger living area, or higher assessed value. The bars and markers on the analysis chart show how the property compares to a median benchmark; a white tick indicates where this home sits relative to others.