536 Alfred Avenue – Property Summary
Key Characteristics & Buyer Profile
This 1,295 sqft home on Alfred Avenue sits on a 3,267 sqft lot and was built in 1904. It offers above-average living space for both the street (top 21%) and the William Whyte neighbourhood (top 29%), with a floor plan that edges out most nearby homes. The land itself is also on the larger side for the street (top 25%), giving it a bit more outdoor room than typical for the area.
Where the property stands out less is in condition and age. The assessed value is around average for the street and neighbourhood at $135K, but it ranks very low city-wide (top 98%), which reflects Winnipeg’s much higher-priced newer builds elsewhere. The 1904 construction date puts it among the older homes on the block—something that often means higher maintenance but also more character and solid older materials.
The appeal here is mainly for buyers who want a reasonably sized older home in a central neighbourhood without paying a premium for recent renovations or a trendy location. It suits someone who values space—both indoors and on the lot—over a turnkey finish, and who is comfortable with an older property that may need ongoing updates. First-time buyers with some renovation interest, or investors looking for a rental with good bones in a modestly priced area, would likely find this worth a closer look.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
On Alfred Avenue and in William Whyte, the assessed value is right around the typical range for comparable homes. City-wide, though, it sits well below average because Winnipeg has many higher-value newer properties. That gap can mean lower property taxes relative to similarly sized homes in pricier neighbourhoods.
2. What does the 1904 build year mean practically?
Older homes often have thick plaster walls, solid wood framing, and interesting architectural details that newer builds lack. But they can also have outdated electrical, plumbing, or insulation. A thorough home inspection is wise, and you should budget for potential upgrades to systems that may be nearing the end of their lifespan.
3. Is the living area considered large for this price range?
Yes. At 1,295 sqft, this home has more interior space than most on its street and in the neighbourhood. For someone who needs room for a family, a home office, or hobbies, this offers a practical advantage over tighter floor plans in the same budget tier.
4. How does the lot size affect usability?
With 3,267 sqft of land, the lot is larger than average for Alfred Avenue. That extra yard space could accommodate a garden, a small workshop, or parking for multiple vehicles. It’s not expansive by city-wide standards, but it’s generous for the immediate area.
5. What kind of neighbourhood is William Whyte?
William Whyte is an older, central Winnipeg neighbourhood with a mix of well-kept homes and others needing work. It’s close to downtown and major routes, and has a diverse, established community. Buyers should expect a more urban feel with less of the polished suburban standard than newer developments offer.