1968 Alexander Avenue

Property Overview: 1968 Alexander Avenue, Winnipeg

Key Characteristics & Appeal

This well-situated one-storey home in Brooklands presents a solid opportunity centered on its generous lot and updated practicality. Built in 1955, the 1,146 sqft house sits on a notably large 4,764 sqft lot, placing it in the top tier for land size within both its immediate street and the broader Brooklands area. This expansive outdoor space is a key asset, offering rare potential for gardening, expansion, or simply more privacy than is typical for the neighbourhood.

The home’s appeal lies in its grounded, move-in-ready fundamentals: it features a renovated basement and a detached garage. The assessed value is strong for the local context, suggesting the property is well-regarded relative to its peers on the street and in Brooklands. It would particularly suit first-time buyers or practical investors looking for a home with a large yard in a established neighbourhood, without the premium price of a newer or centrally-located area. A thoughtful perspective is that while the living space is comfortable, the true long-term value may be anchored in the land itself—a substantial parcel in a city where lot sizes are generally shrinking.

Frequently Asked Questions

1. How does the lot size compare to typical Winnipeg homes?
While the lot is significantly above average for Brooklands and the immediate area, it is closer to the city-wide average. This indicates you're getting a premium-sized property for this specific neighbourhood.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would be a key point to clarify with the seller or agent regarding finishes, legal egress, and moisture control.

3. The home last sold in 2017. Is there a reason for the relatively short ownership period?
The property changed hands in August 2017. Without further context, this isn't inherently unusual but is a reasonable point of inquiry to understand the seller's motivation and if any major work was completed during their ownership.

4. How does the assessed value relate to the likely market price?
The assessed value of $28,900 is for municipal tax purposes and is not an indicator of market value. The last sale was for $230,000 in 2017. Current market price would be determined by recent comparable sales, condition, and market trends.

5. Are the systems (roof, furnace, wiring) original or updated?
Given the home's age (1955), the state of major mechanical systems and the roof is a crucial consideration. The listing does not mention updates in these areas, so verification would be important for budgeting and offer preparation.