Property Overview
1870 Alexander Avenue is a modern, well-situated home in Winnipeg's Brooklands neighbourhood. Built in 2013, it offers a contemporary living space with a compelling value proposition when examined within its local context.
Key Characteristics, Appeal & Ideal Buyer
This home’s primary appeal lies in its modern build and strong assessed value relative to its immediate area. At 953 sqft, the living space is very typical for Brooklands and Alexander Avenue, offering a comfortable, low-maintenance footprint. The standout characteristic is its $298,000 assessed value, which ranks in the top 7% on its street and top 20% in Brooklands. This suggests a property that is notably well-valued or upgraded compared to many of its neighbours, which are often much older homes with lower assessments.
However, this presents a thoughtful perspective: the home's value is highly localized. While it shines in its neighbourhood, its assessed value falls below the Winnipeg citywide average. This positions it as a savvy choice for buyers prioritizing modern amenities and solid equity within a specific community, rather than seeking maximum lot size (the lot is smaller than area averages) or city-leading square footage.
The property would ideally suit first-time buyers or downsizers seeking a relatively new build in a mature neighbourhood without the worries of an aging structure. It’s also a fit for value-focused investors or owners who understand that premium valuations in established, centrally-located neighbourhoods like Brooklands often differ from those in newer suburban areas.
Frequently Asked Questions
1. Is this a good value for the money?
Based on the assessment data, this property represents strong value within the Brooklands community. Its assessment is significantly higher than the street and area averages, indicating it may be a premium home for this specific location.
2. How does the lot size impact the property?
The land area is 2,375 sqft, which is smaller than the average lot in both Brooklands and Winnipeg. This means lower exterior maintenance but may limit expansion possibilities like large additions or decks.
3. What does the year built (2013) mean for me?
A 2013 build is a major advantage. It means much newer major systems (roof, furnace, windows) compared to the neighbourhood's older housing stock, potentially reducing immediate repair costs and offering modern insulation and building standards.
4. Why is the city-wide assessment ranking lower?
The assessment ranks lower city-wide because comparison includes newer, larger suburban homes on bigger lots with higher valuations. This highlights that the home's value is particularly robust within its own established, central neighbourhood context.
5. How can I get precise historical sale price data?
The site notes that exact sold price history is not displayed publicly due to industry rules. You can request the exact figures by emailing them directly; they will perform a manual lookup and provide the data without using your email for marketing.