Property Overview: 846 Alfred Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1915, presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Its primary appeal lies in its generous living space and lot size relative to its immediate area. With 1,350 sqft of living area, the home is notably larger than many neighbours, offering more room than over 80% of comparable houses on Alfred Avenue. The 3,003 sqft lot is also solid for the street.
The property suits buyers looking for a value-oriented, "blank canvas" project. It features a basement that is not renovated, and there is no garage or pool, indicating it is ideal for a hands-on buyer or investor comfortable with updates. The home’s assessed value is modest and in line with the local area, suggesting a lower entry point. A thoughtful perspective is that while the home is older, its above-average interior space for the neighbourhood could provide flexibility for reconfiguration, potentially offering better value per square foot than a fully renovated, smaller home nearby. It last sold in March 2022 for $170,000.
Section 2: Frequently Asked Questions
1. What does "one-and-a-half storey" typically mean for a home of this era?
It usually indicates a home where the second level has sloped ceilings (following the roof line) and potentially fewer full-height walls, creating a cozy, character-filled upper floor. The main living areas are on the ground floor.
2. The assessed value seems very low compared to the city-wide average. Is this a concern?
No, this is normal for this area. Property assessments are relative, and this home's value is very typical for Burrows Central. The city-wide average is skewed by much higher values in newer or more affluent neighbourhoods.
3. How significant is the "not renovated" basement?
This means the basement is in original or utilitarian condition. It presents both a project and an opportunity. While it will likely need work to become a finished living space, it also allows a new owner to customize it to their needs without paying a premium for someone else's finished work.
4. The home is over 100 years old. What should I prioritize in an inspection?
Beyond standard systems, focus on the foundation, original plumbing and electrical updates, and the roof structure. The charm of an older home comes with the responsibility of ensuring its century-old bones are sound.
5. The lot is ranked highly on the street but low city-wide. What does this mean practically?
It means the yard is a good size for the immediate neighbourhood, perfect for family use or gardening. However, it is not an unusually large or estate-sized lot by the standards of newer suburban areas, which is reflected in the city-wide ranking.