1609 Alexander Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1912-built detached home with 800 sq ft of living space on a 2,423 sq ft lot, located on Alexander Avenue in Winnipeg’s Weston neighbourhood. Compared to surrounding properties, its living area is below the street average of 1,015 sq ft and well below the city average of 1,342 sq ft. The assessed value of $152,000 is also notably low relative to the citywide median of $390,000. The lot size is modest—smaller than most in Weston and significantly smaller than the city average.

The appeal here lies in affordability and entry-point pricing. In a market where citywide values are nearly three times higher, this property offers a way into homeownership or investment with lower upfront costs. The relatively low land and building values also suggest lower property taxes.

This property would suit first-time buyers priced out of more central or higher-value neighbourhoods, as well as investors looking for a lower-cost asset in an older, established area of Winnipeg. It may also appeal to buyers who prioritize location on Alexander Avenue over square footage or modern finishes—though they should be prepared for a home that likely requires updating or maintenance, given the age and below-average size. One less obvious angle: in an era of rising property taxes citywide, the low assessed value here could offer long-term predictability in carrying costs.

Possible FAQs

1. How does the living space compare to other homes on the street?
At 800 sq ft, this home is about 21% smaller than the average on Alexander Avenue (1,015 sq ft) and ranks in the bottom quarter of the street. It’s also below the Weston neighbourhood average and well below the city average. In short: compact, even by local standards.

2. Is the assessed value accurate, and what does it mean for taxes?
The city’s assessed value is $152,000, which is close to the street average ($184,000) and the neighbourhood average ($185,000). Property taxes are based on this figure, so annual tax obligations will be relatively low. Keep in mind that assessments are periodically updated, but the current gap between this property and the citywide average ($390,000) is significant.

3. The home was built in 1912—what should I expect in terms of condition?
Homes from this era often have solid framing but may need updates to plumbing, electrical, insulation, and windows. It’s ranked older than most on its street and in the neighbourhood, so factor in potential renovation costs. A thorough inspection is strongly recommended before purchase.

4. How does the lot size affect usability or future development?
The lot is 2,423 sq ft—smaller than 88% of properties in Weston. This limits options for major additions, a large garage, or subdivision. It’s best thought of as a compact urban lot, suitable for a single-family home with minimal yard space.

5. What is the neighbourhood of Weston like for living or investing?
Weston is an older, working-class area west of downtown Winnipeg. It offers convenient access to major routes and services, but property values and average household incomes are lower than city medians. For investors, the low entry price and relatively stable demand for affordable housing are positives, though resale potential may be limited by the property’s small size and age.