1657 Alexander Avenue – Property Summary
Key Characteristics & Buyer Fit
This is a compact, post-war bungalow in the Weston neighbourhood of Winnipeg, built in 1957. The living area is 648 square feet, which is significantly smaller than both the street average (1,015 sqft) and the citywide average (1,342 sqft). Land is also on the tight side at 2,423 square feet, notably below the Weston neighbourhood average of 3,269 sqft. The assessed value sits at $182,000—right around the local average for the street and neighbourhood, but well below the citywide norm of $390,100.
The appeal here is straightforward: it’s an entry-level property in a mature area, priced in line with its immediate surroundings. The home is newer than many of its neighbours (the average year built on the street is 1937), which may mean fewer immediate structural surprises than a pre-war house, though the square footage is a real constraint. This isn't a home that will compete on space or lot size, but it offers a foothold in a central, established neighbourhood at a modest price point.
This property would suit first-time buyers who are realistic about space and prioritize location over square footage. It may also appeal to investors looking for a smaller rental unit in a lower-priced segment of the market, or to downsizers who want a manageable, single-floor home without the upkeep of a larger lot. Buyers expecting room to grow or a generous yard will likely be disappointed.
FAQs
1. How does the property's size compare to other homes in the area?
The living area is about 36% smaller than the average on Alexander Avenue and 52% smaller than the citywide average for comparable homes. The lot is also below average for both the neighbourhood and the city. In short, this is a small home by most local standards.
2. Is the assessed value realistic for what the home offers?
The assessed value of $182,000 aligns closely with the average on the street ($184,300) and in the neighbourhood ($184,700). It doesn't suggest the property is over- or under-valued relative to its immediate peers, though it's well below the citywide average because of the smaller size and lot.
3. What does the year built tell me about maintenance or updates?
Built in 1957, the home is newer than about three-quarters of the homes on Alexander Avenue and newer than 86% of homes in the Weston neighbourhood. This doesn't guarantee modern systems, but it's less likely to have the foundation or knob-and-tube wiring issues common in pre-war builds. Budget for updates, but the vintage is generally less risky than older stock.
4. Why is the land area ranking so low citywide but not on the street?
The lot is slightly below the average on Alexander Avenue (2,977 sqft) but significantly smaller than the citywide average (6,570 sqft). Many Winnipeg properties, especially in newer suburbs, sit on much larger lots. The home is reasonably competitive within its immediate street but looks small compared to the broader city.
5. Who is this home not a good fit for?
Anyone needing extra living space, a large yard, or room to expand will find this property tight. It's also less suited to buyers looking for a high-end finish or a turnkey home with generous square footage. If space or land is a priority, this likely won't work.