Here is a clean, standalone summary of the property at 1239 Alexander Avenue, written for direct display on a webpage.
Key Characteristics & Buyer Profile
This is a 2005-built home in the Weston neighbourhood of Winnipeg, offering 1,080 square feet of living space on a 3,764 square foot lot. Its standout feature is its assessed value. At $284,000, the property is ranked in the top 5% of its neighbourhood (94th out of 1,736) and top 9% on its street. This suggests the home carries a higher valuation relative to its immediate surroundings, likely reflecting its newer construction and condition.
While the living area is slightly below the citywide average for comparable homes, its lot is notably larger than typical homes on Alexander Avenue (top 22%). The home is also relatively new for the area, placing in the top 13% on the street and top 15% citywide.
The appeal here is a balance of modern age and solid land size at a price point that is significantly below the citywide average ($284k vs. $390k city average). It offers a high relative valuation in a specific pocket, which can indicate a desirable block or a property that has been well-maintained or upgraded. It would suit a buyer looking for a newer, move-in-ready home in an established neighbourhood without paying the premium of a newer development elsewhere. It may be less appealing for someone seeking maximum square footage or a large lot by citywide standards.
Five Possible FAQs
1. How does the assessed value compare to other homes nearby?
The assessment of $284,000 is well above the average for both the street ($184.3k) and the neighbourhood ($184.7k). This means the property is one of the higher-valued homes in Weston, likely due to its age and condition relative to the existing housing stock.
2. Is this considered a large lot?
The lot size (3,764 sqft) is above average for Alexander Avenue, where the typical lot is roughly 2,977 sqft. However, it is below the citywide average of 6,570 sqft, so it is a solid inner-city lot but not oversized by broader suburban standards.
3. How old is the property, and is that typical for the area?
Built in 2005, this home is newer than most of its neighbours. It ranks in the top 7% of the neighbourhood for newer construction, meaning the surrounding homes are generally older, with an average build year of 1937. This is a distinct advantage for those wanting modern infrastructure.
4. Is the living space (1,080 sqft) small for the price?
It is slightly smaller than the city average for comparable homes (1,342 sqft) but larger than the typical home in Weston (936 sqft). The price reflects the newer build and its strong lot value more than raw square footage.
5. Does the home come with any major drawbacks?
Based on the data, the primary trade-off is that you are paying a premium for a newer home in an older, more established neighbourhood. While the home ranks high locally, it sits below the citywide average for both lot size and assessed value, meaning you are getting strong value relative to your neighbors rather than the city as a whole.