Key Characteristics & Buyer Profile
This property at 1530 Alexander Avenue in Winnipeg’s Weston neighbourhood is a 1914-built home with 1,080 sq. ft. of living space on a 2,148 sq. ft. lot. Its main appeal lies in the combination of above-average interior space for the area—ranking in the top 23% of the neighbourhood—paired with a below-average assessed value. In practical terms, you’re getting more square footage than most nearby homes while paying less in property tax. The land is on the smaller side, and the house is older (even by Weston’s standards), so this isn’t a move-in-ready modern flip. It suits buyers who are comfortable with an older home and see value in a property that offers generous room inside without the premium price tag. First-time buyers looking to build equity through gradual updates, or investors focused on cash flow rather than curb appeal, would likely find this property worth a closer look. The disconnect between the good size score and low tax assessment suggests the property may be undervalued relative to its peers.
Five Possible FAQs
1. How does the property tax compare to similar homes in the area?
The assessed value (which determines property tax) is well below average—ranking in the bottom 1% citywide—so taxes are likely lower than what you’d pay for a comparable home in most other Winnipeg neighbourhoods.
2. Is the house small compared to other homes in Winnipeg?
No. At 1,080 sq. ft., it’s slightly below the city average of 1,342 sq. ft., but in Weston it’s above average. It’s a good middle ground: more roomy than most nearby homes, but not oversized by city standards.
3. What does the “growth” (the progress bars) actually tell me?
The bars show how this property compares to others on the same street, in Weston, and across Winnipeg. A longer bar means it ranks better in that category. For example, the living space bar is near the top end for the neighbourhood, while the land and tax bars are short.
4. The house was built in 1914. What should I look out for?
It’s older than the city average (1966), and most homes in Weston were built around 1937. Expect potential issues like older wiring, plumbing, insulation, or foundation settling. A thorough inspection is key—focus on the roof, windows, and the condition of the mechanical systems.
5. Is a small lot a problem for this property?
It depends on your needs. The lot is noticeably smaller than average for Weston and the city. If you want a large yard, garden space, or room for an addition, this may feel tight. But if you prefer lower maintenance and don’t need much outdoor space, the smaller lot is a trade-off that keeps the overall cost down.