1500 Alexander Avenue

Here is a clean, standalone summary of the property at 1500 Alexander Avenue, written for direct display on a webpage.

Key Characteristics & Buyer Profile

This is a 1929-built home with 788 sq. ft. of living space on a 3,215 sq. ft. lot. Its assessed value is $134,000.

The property’s strongest feature is its lot size. At 3,215 sq. ft., it ranks in the top 30% on Alexander Avenue, meaning you get noticeably more outdoor space than most nearby homes. This is a genuine advantage in a central neighborhood where land often comes at a premium.

The trade-off is the home itself. The living area is on the smaller side, and the assessed value is well below both the street and city averages. This isn’t a "turnkey" or high-end property. Its appeal lies in entry-level affordability and potential. A buyer here is paying for a foothold in the market and a decent piece of land, not for a finished, spacious house.

This would suit: First-time buyers looking for a lower price point to get into a central area, or practical investors seeking a property where the land holds more of the value than the structure. It is less suitable for someone needing a large, move-in-ready family home or a premium finish.

Frequently Asked Questions

1. Is this considered a small home compared to others in Winnipeg?
   Yes. The 788 sq. ft. living area ranks in the bottom 8% citywide. It is below the average size for this street (1,015 sq. ft.) and well below the city average (1,342 sq. ft.). It is, however, around the average size for the Weston neighborhood.

2. How does the assessment value compare to similar homes?
   The $134,000 assessment is low across the board. It ranks in the bottom 22% on the street and the bottom 2% citywide. This reflects the smaller living area and likely an older interior, but it also keeps the property more affordable than most listings.

3. What is the advantage of the larger lot?
   The 3,215 sq. ft. lot is above average for the street (2,977 sq. ft.) and the neighborhood (3,269 sq. ft.). In a central area like this, a larger lot often means more yard space, a bigger garden, or potential for a garage or extension—things that are harder to find on nearby streets.

4. How old is the house, and does that matter?
   Built in 1929, it’s older than the citywide average (1966) but very typical for Alexander Avenue and Weston (average 1937). The age suggests strong, older construction bones but also means a buyer should budget for potential updates to plumbing, electrical, or insulation.

5. Is this a "fixer-upper" or a solid starter home?
   It leans toward a starter home with realistic expectations. The low price and smaller size point to a property that is likely functional but not modern. It’s a solid entry point for someone willing to take on cosmetic or incremental improvements, rather than a fully renovated or high-finish home.