Property Summary: 568 Alexander Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 2015, stands out as a distinctly modern property in the historic Centennial neighbourhood. Its key appeal lies in this contrast: it offers the low-maintenance benefits and contemporary systems of a newer build within a well-established area. With 1,018 sqft of living space and a 2,609 sqft lot, the home provides efficient, modern living without being oversized.
The data reveals a compelling narrative. The home is "Elite" or "above average" for its newness compared to neighbours, with most nearby homes dating back to the early or mid-1900s. This suggests significant advantages in energy efficiency, building code standards, and likely reduced immediate repair costs. The detached garage adds practical convenience. It’s important to note the basement exists but is unrenovated, presenting a blank canvas for future expansion.
The home’s assessed value is notably high for its immediate area, which typically reflects its modern construction and condition relative to the older housing stock. This property would suit a first-time buyer or downsizer seeking a move-in-ready, modern home who values the character and mature streetscapes of an older neighbourhood but wants to avoid the renovation projects common to the area. It’s a pragmatic choice for those prioritizing modern comforts over historic charm.
Frequently Asked Questions
1. What does the high assessed value relative to the neighbourhood indicate?
It primarily reflects the home’s modern construction (2015) compared to the century-old average in Centennial. It suggests the property is in excellent condition with contemporary systems, which is assessed higher than the older, often unrenovated homes surrounding it.
2. Is the lot size a pro or a con?
It depends on your priorities. At 2,609 sqft, it’s manageable and low-maintenance, which is a plus for many. However, it is below average for both the Centennial area and the city overall, so buyers seeking extensive outdoor space for gardens or recreation may find it limiting.
3. What are the implications of the "unrenovated" basement?
This means the basement is unfinished. It offers potential for future living space, storage, or a utility area, but any development would require a full renovation investment. It is not a developed living area in its current state.
4. How does the living area compare for a modern home?
At 1,018 sqft, the living space is efficient and typical for newer, thoughtfully designed homes, but it is below the average for the Centennial neighbourhood. This indicates the home likely makes good use of space but may have fewer or more compact rooms than some larger, older houses nearby.
5. Why is the year built such a standout feature here?
In a neighbourhood where most homes were built before 1940, an 11-year-old home is a rarity. This translates to newer roofing, wiring, plumbing, windows, and insulation, offering predictable operating costs and peace of mind that is uncommon in this specific location.