Property Overview: 154 Alfred Avenue, North Point Douglas, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a practical entry point into Winnipeg’s housing market, characterized by its historical roots and modest footprint. Built in 1903, it is notably older than most homes in the city, which may appeal to those interested in a property with character, though it likely requires a mindful approach to maintenance and updates. With 936 square feet of living space and a 3,094 sqft lot, its size is comfortably average for its immediate street but smaller than typical homes in both the wider North Point Douglas area and the city overall.
The primary appeal lies in its value proposition. The assessed value of $142k is very close to the average for its immediate neighbourhood and street, yet it sits significantly below the Winnipeg city-wide average. This creates a distinct opportunity for first-time buyers, investors, or downsizers seeking lower financial entry and carrying costs. It suits a buyer comfortable with a smaller, older home who prioritizes affordability and location over modern size standards. The property’s context is key: it’s a competitively priced option on its own terms within North Point Douglas, rather than a direct comparison to newer, larger suburban homes.
Section 2: Frequently Asked Questions
1. What does the sold price history indicate?
The home sold in October 2021 for an estimated price between $100,000 and $150,000. This range aligns closely with its current assessed value, suggesting a stable valuation in its market segment.
2. How does the age of the home affect things?
Built in 1903, it is among the older homes on the street and in Winnipeg. This can mean charming architectural details but also necessitates thorough inspections for foundational integrity, wiring, plumbing, and insulation to understand potential renovation needs or costs.
3. Is the lot size a pro or a con?
At just over 3,000 sqft, the lot is manageable for low-maintenance outdoor space. However, it offers less privacy and expansion potential compared to larger city lots, which is a typical trade-off for inner-city neighbourhoods.
4. Who are the typical neighbours in terms of property?
Nearby homes on Alfred Avenue are of a similar vintage and scale, creating a consistent streetscape. The data shows assessed values and living areas are closely clustered, indicating a neighbourhood of similarly sized, value-oriented properties rather than a mix of large and small homes.
5. How reliable is the provided sales data?
The sold price is based on publicly available data, not the MLS. For fully verified, exact transaction figures, you must request a manual lookup from the site, which they provide via email. The displayed range is a reliable estimate but not an official record.