775 Furby Street – Property Summary
Key Characteristics & Buyer Profile
This is a 1979-built home on Furby Street in Winnipeg’s West Alexander neighbourhood, with 1,886 square feet of living space on a 3,720-square-foot lot. The property’s assessed value is $342,000.
The standout feature is its size relative to the neighbourhood. The living area ranks in the top 12% citywide and top 12% within West Alexander—meaning it’s significantly larger than most nearby homes. The lot, however, is fairly typical for the street and neighbourhood, and below average for the city. A less obvious point is the year built: at 1979, it’s older than many homes on the street (top 8%) and in the neighbourhood (top 7%), which may appeal to buyers who prefer older construction over newer infill builds.
The assessed value tells an interesting story. On Furby Street, the $342k assessment is well above average (top 12%), and within West Alexander it sits in the top 2%—a clear sign this is one of the higher-valued homes in the area. But citywide, the assessment is only around average (top 57%). This suggests the property’s value is somewhat localized: strong on its street and neighbourhood, but not unusual when compared to the broader Winnipeg market. Buyers should be aware that a higher local ranking doesn’t necessarily translate to citywide prestige, but it does indicate the home is a standout within its immediate context.
This property would suit buyers who want a larger-than-average home in a central Winnipeg neighbourhood, especially those who value interior space over a big yard. It may also appeal to someone looking for a home from the late 1970s that offers solid construction and more room than newer infill homes in the area. It’s less ideal for buyers seeking a large lot or a very new build.
Five Possible FAQs
1. How does the lot size compare to other homes in Winnipeg?
The lot is 3,720 square feet, which is below the citywide average of about 6,570 square feet for comparable homes. On Furby Street and within West Alexander, the lot is around average. Buyers looking for a spacious backyard should note this property is better suited for those who prioritize interior square footage over outdoor space.
2. Is this a good value compared to similar homes citywide?
The assessed value of $342,000 is around average for comparable homes across Winnipeg, where the average assessment is roughly $390,000. Within West Alexander, however, it’s one of the higher-valued homes (top 2%). The value proposition depends on whether you’re weighing it against the local neighbourhood or the city as a whole.
3. How old is the home, and has it been updated?
The home was built in 1979. The data provided doesn’t include details on renovations or upgrades, but relative to other homes on the street and in the neighbourhood, this is an older property. Prospective buyers should plan for a thorough home inspection to assess the condition of systems like plumbing, electrical, and roofing.
4. How does this property rank in terms of living area compared to the neighbourhood?
The 1,886 square feet of living space places it well above average for West Alexander (top 12% within the neighbourhood) and citywide (top 14%). On Furby Street itself, the home is near the average. This means you’re getting a notably large interior for the immediate area, which is a key selling point.
5. What is the neighbourhood like, and is it close to amenities?
The property is on Furby Street in West Alexander, a central Winnipeg neighbourhood. While the data doesn’t list specific amenities, it’s worth noting that the high ranking on assessed value within the neighbourhood suggests this is a more desirable pocket. A neighbourhood map analysis is available through the listing to compare nearby homes and get a better sense of the area’s character.