Property Overview
This 2017-built, one-storey home on Alfred Avenue presents a distinct profile within Winnipeg's Burrows Central neighbourhood. Its primary appeal lies in being a modern, low-maintenance property in an area predominantly characterized by much older homes. The house features a renovated basement and a detached garage on a modestly sized lot.
Key Characteristics & Ideal Buyer
The standout feature is the home's age. Built in 2017, it ranks in the top 1-3% of homes on its street and in the neighbourhood for being new, offering contemporary construction standards, systems, and likely energy efficiency that are rare for the area. With 932 sqft of living space, it provides adequate room for a small household without the upkeep of a larger property. The renovated basement adds functional living or storage space.
Its appeal is for the practical, value-conscious buyer seeking a turn-key home. It perfectly suits a first-time homebuyer, a small family, or an investor looking for a modern rental property in a central location. The home’s assessed value is notably high for its immediate area (top 5% on Alfred Ave), which reflects its relative newness but also suggests property taxes will be proportionally higher than for older neighbours. This isn't a property for those seeking a large yard or historic charm; it’s for those who prioritize modern convenience and minimal immediate repair needs in an established community.
Frequently Asked Questions
1. How does the lot size compare to others?
The land area of 2,285 sqft is below average for the street, neighbourhood, and city. This means smaller outdoor space but also less yard maintenance.
2. The assessed value seems high for the area. Why?
The assessment is in the top 5% on this street because it’s based largely on the home's modern build year (2017) compared to the area's average, which dates to the 1930s. This modern build commands a higher value and, consequently, will have higher property taxes than many surrounding properties.
3. What does the sale history indicate?
It last sold in late 2016 for $300k, a price that was well above average for both the street and neighbourhood at that time. This past sale supports the pattern of a premium being paid for the home's new construction.
4. Is the living space sufficient for a family?
At 932 sqft, the living area is around average for the neighbourhood. With a renovated basement, it could work well for a small or starter family, but may feel compact for those needing multiple large bedrooms or dedicated living areas.
5. What is the context of the surrounding homes?
Nearby properties are typically much older (early to mid-1900s), smaller in living area, and have significantly lower assessed values. This home is an outlier in terms of age and modern condition, which is its chief advantage but also places it on a different value trajectory than its immediate neighbours.