Property Overview: 449 Alexander Avenue, Winnipeg
Key Characteristics & Appeal
This 2018-built bi-level home at 449 Alexander Avenue offers a modern living opportunity in Winnipeg's Centennial neighbourhood. Its primary appeal lies in its contemporary construction, being newer than 97% of homes in the local area. The home features a renovated basement and a practical 919 sqft living area. While the lot size is modest for the city, it is reasonably proportioned for the street.
The property suits first-time buyers or downsizers seeking a low-maintenance, modern home without the premium of a brand-new build. Its above-average assessed value for the immediate area suggests it is perceived as a solid, updated asset within its context. A thoughtful perspective is that this home represents a balance: you acquire newer systems and finishes, avoiding the major repair concerns common with century-old neighbourhood homes, while accepting a more compact living space compared to many area properties.
Frequently Asked Questions
1. How does the lot size impact the property?
At 2,187 sqft, the lot is below the city average but is relatively typical for Alexander Avenue. This means lower exterior maintenance but may limit expansion or large landscaping projects.
2. Why is the assessed value higher than many neighbourhood homes?
The assessed value ranks well above average for both the street and Centennial, primarily reflecting the home's modern year of build (2018) and renovated condition compared to the area's generally older housing stock.
3. What does the sale history indicate?
The home sold for $300,000 in April 2024, a significant increase over its 2020 sale price of $24,100. This recent sale establishes a clear, current market value.
4. Who might this property not suit?
Buyers needing extensive square footage, multiple dedicated rooms, or a large private yard may find the proportions limiting. It is best suited for efficient living.
5. Is the lack of a garage a concern?
The property has no garage. Buyers should consider on-street parking availability and their personal storage needs, as this is a common trade-off for compact, in-fill lots in established neighbourhoods.