941 Alfred Avenue

Property Overview

This 1928 one-and-a-half storey home on Alfred Avenue presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Its key appeal lies in a balance of established character and functional updates, most notably a renovated basement that adds valuable finished space to the 979 sqft main living area. The property sits on a standard 3,004 sqft lot with a detached garage. While its size and age are typical for the immediate area, the home’s assessed value ranks above average for both the street and the neighbourhood, suggesting it is well-maintained or offers features that are positively recognized. The sale history indicates a transaction in late 2020.

This home would suit a first-time buyer or an investor looking for a character home with some modern touches in a mature, no-frills neighbourhood. It’s a straightforward property that offers the essentials—updated living space, outdoor area, and parking—without the premium of a newer development or a larger lot. A thoughtful perspective is that while the lot size is average for the area, it represents a manageable outdoor space for those who want a yard without extensive upkeep. Additionally, its above-average assessment for the locale could indicate a history of care that may not be immediately obvious.

Frequently Asked Questions

What does "renovated basement" typically include in a home of this era?
While specifics require a viewing, in a 1928 home this often means foundational updates like moisture control, insulation, electrical, and finished walls/floors to create a livable recreation or utility space, adding significant functional square footage.

How does the detached garage impact winter use?
A detached garage means a walk outdoors in all weather conditions. For some, this is a minor inconvenience; for others, it underscores the value of a well-cleared driveway and pathway. It may also offer more flexibility for a workshop or storage separate from the house.

The assessed value is above average for the street. What does that signal?
An assessment above local averages often reflects improvements, additions, or a condition that the city assessor judges to add value relative to neighbours. It’s a positive indicator of the property’s standing but is not a direct marker of market sale price.

Is the 979 sqft living area measured over both floors?
Typically for a one-and-a-half storey, the listed living area includes the main floor and finished second-floor spaces. The renovated basement square footage is usually reported separately and is a key bonus space not reflected in that primary figure.

What are the considerations with a 98-year-old home?
Character comes with age-related considerations. A keen buyer will want to verify the state of major vintage components like the foundation, original plumbing and wiring (and any updates), and the roof. The renovated basement is a plus, but the focus should be on the integrity of the original structure and systems.