Property Overview: 945 Alfred Avenue
Key Characteristics & Appeal
This one-and-a-half storey home in Burrows Central presents a practical opportunity with notable strengths. Built in 1947, it is a newer construction compared to many in the area, potentially suggesting fewer concerns with aging infrastructure. Its 1,256 sqft living area is spacious for the street and neighbourhood, ranking in the top quarter locally. A key feature is the renovated basement, adding valuable finished space. The property sits on a 3,004 sqft lot, offering good outdoor space relative to urban lots.
The appeal lies in its above-average positioning within its immediate context. It’s not just the renovated basement; it’s that the home scores well on fundamentals like lot size, living space, and building age compared to its direct neighbours. This could indicate a well-maintained property that has kept pace in a mature neighbourhood. It would suit first-time buyers or practical investors looking for a move-in-ready home with modernized amenities in a no-frills, established community. It also appeals to those who value space and a newer build within a historic area, offering a balance of character and practicality.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks in the top quarter of Alfred Avenue for both lot size and living area, and it's in the top 23% for being a newer build (1947). This suggests it's a larger, more modern property compared to many of its immediate neighbours.
2. What does the "renovated basement" imply?
While specific finishes aren't detailed, it indicates the lower level has been updated for modern use. This adds functional living space, which is a significant value-add in a home of this era.
3. Is the assessed value a good indicator of the listing price?
The assessed value is for municipal tax purposes and is typically lower than market value. It's a useful benchmark to see that this property is assessed higher than 79% of homes in Burrows Central, but the sale price will be determined by current market conditions.
4. What is the neighbourhood like?
Burrows Central is a mature, long-established Winnipeg neighbourhood. The mix of older homes (many from the early 1900s) with some newer builds like this one shows an area with a deep history that is gradually evolving.
5. Who might this property not suit?
It may not suit buyers seeking a brand-new build in a suburban subdivision, or those wanting extensive, untouched original character details common in much older homes. The detached garage also means accessing your vehicle in winter will require going outside.