1213 Alexander Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1901-built home in Winnipeg’s Weston neighbourhood, with 883 sqft of living space on a 2,499 sqft lot. Its assessed value sits at $162,000.
The property’s main appeal is its price point. Citywide, it ranks in the bottom 5% for assessed value (Top 96%), meaning it’s one of the more affordable options in Winnipeg. Within its own street and neighbourhood, the value is closer to average—suggesting you’re not overpaying for the area, but this isn’t a hidden bargain relative to immediate neighbours either.
The living area is slightly smaller than typical for the street and neighbourhood, but not drastically so. The land is on the smaller side for Weston and very small by city standards. The house is old—well over a century—which will appeal to buyers who appreciate character, original details, or are comfortable with the maintenance older homes require. It’s less suited for someone wanting a large, low-upkeep property or a standard suburban footprint.
Best suited for: First-time buyers looking for an affordable entry into a central Winnipeg neighbourhood, or buyers who value older homes with small-scale, efficient layouts and are prepared for the realities of a vintage property.
Five Possible FAQs
1. Is this a “good deal” compared to other homes in Weston?
Roughly average. The assessed value is near the neighbourhood median, and the living area is slightly below it. On the street itself, you’re in the middle of the pack for both size and value. It’s not a standout bargain, but it’s also not overpriced relative to comparable homes nearby.
2. The house was built in 1901—what should I watch out for?
Homes of this age often have outdated electrical, plumbing, and insulation. Foundation condition and window efficiency are also worth a close look. The year-built ranking is near the very bottom citywide, so expect that this house will require more ongoing maintenance than a mid-century or newer build.
3. Why is the land area so small by city standards?
The citywide average lot size in Winnipeg is 6,570 sqft—more than 2.5 times this lot. But within Weston, the average is 3,269 sqft, so this lot is below average for the neighbourhood too. Older central neighbourhoods often have smaller lots, so this isn’t unusual for a house of this age and location.
4. How does the assessed value of $162,000 relate to the market price?
Assessed value is a municipal estimate, not a market appraisal. It can lag behind or run ahead of actual sale prices. For an older home in a stable neighbourhood, it’s a reasonable rough guide, but you should expect the final price to vary based on condition, upgrades, and buyer demand.
5. What does “Top 85%” for living area citywide actually tell me?
It means that only about 15% of comparable homes in Winnipeg have a smaller living area. For context, this house is notably smaller than the typical city home, but within Weston, it sits closer to the average. If you’re used to a compact layout, this won’t feel cramped—but don’t expect spacious rooms or oversized closets.