1249 Alexander Avenue – Property Summary
Key Characteristics & Buyer Fit
This is a character home built in 1910, located on Alexander Avenue in Winnipeg’s Weston neighbourhood. The living area is 1,110 square feet, which is above average for both the street (top 30%) and the neighbourhood (top 21%), though slightly below the citywide average for comparable homes. The lot is 2,514 square feet—modest by city standards (bottom 5%) and a bit smaller than typical for the area.
The assessed value of $218,000 sits well above the street and neighbourhood averages (both around $184,000), but is low compared to the citywide average of $390,100. This suggests the property is a strong value relative to its immediate surroundings, not a premium asset citywide.
The appeal lies in its combination of above-average indoor space and a relatively affordable price point within Weston. The home is older (built 1910), which may attract buyers who appreciate pre-war construction, solid bones, or the potential to update gradually. It would suit first-time buyers looking for more square footage than typical entry-level homes, or investors targeting a neighbourhood with upward price momentum. The smaller lot is a trade-off—less outdoor maintenance, but also less space for additions or parking expansion.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
The property is assessed at $218,000, which is about 18% higher than the average for homes on Alexander Avenue ($184,300) and the Weston neighbourhood ($184,700). This means the current owner’s valuation already reflects a premium over the local baseline.
2. Is the smaller lot size a concern for resale?
It depends on the buyer. The lot is 2,514 sqft, ranking in the bottom 5% citywide and below the Weston average (3,269 sqft). For someone who values yard space or plans to build a garage, it’s a limitation. But homes on smaller lots often have lower upkeep and can appeal to those prioritizing indoor square footage over land.
3. How old is the house, and has it been updated?
Built in 1910, the home is older than most on the street (median 1937) and in the neighbourhood (median 1937). The data does not specify renovation history. Buyers should expect original details (e.g., plaster walls, cast-iron plumbing) and budget for potential updates to electrical, insulation, or foundation work common in homes of this era.
4. How does the living space compare citywide?
At 1,110 sqft, the home is around the middle of the pack for Winnipeg—ranked in the top 59%. It’s larger than the Weston average (936 sqft) but smaller than the city average for comparable homes (1,342 sqft). In practice, this means you’re getting a decent amount of space for the neighbourhood, but it’s not oversized by city standards.
5. What does the “neighbourhood analysis” map show?
The full neighbourhood map (linked on the original page) lets you compare this home to nearby properties across four metrics: living area, assessed value, lot size, and year built. It’s useful for spotting whether the home is an outlier on its block or part of a cluster of similar houses, which can inform both pricing and renovation decisions.