This 1913 home on Mcdermot Avenue in the West Alexander neighbourhood offers 1,850 sq. ft. of living space, which places it well above average compared to similar properties on the same street, in the community, and across Winnipeg. It ranks in the top 8% on its street and the top 15% citywide for living area. The assessed value of $244,000 is above both the street and neighbourhood averages, but sits below the citywide average of $390,000—reflecting the home’s strong local value relative to its size without reaching the price levels of newer or larger properties elsewhere. The lot is 3,301 sq. ft., which is near the average for the area but smaller than typical citywide lots.
The appeal of this property lies in its generous interior space within an older, established neighbourhood. It suits buyers who prioritise roominess over land size and are comfortable with a home built in 1913—likely meaning they appreciate character, are prepared for potential maintenance quirks, and value being in a more central, walkable part of the city. It’s less suited to those seeking a large yard or a newer, move-in-ready property with minimal upkeep.
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How does the living space compare to other homes nearby?
The home’s 1,850 sq. ft. is significantly larger than the street average of 1,144 sq. ft. and the neighbourhood average of 1,299 sq. ft. It ranks in the top 8% on Mcdermot Avenue and top 14% in West Alexander.
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Is the assessed value a good indicator of market price?
Not directly. The assessed value of $244,000 is above the street and neighbourhood averages, but well below the citywide average of $390,000. This suggests the property is priced competitively for its size and location, but market conditions, renovations, and buyer demand will determine the final sale price.
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What can I expect from a home built in 1913?
The home is older than most in the city (citywide average build year is 1966), but it’s fairly typical for West Alexander (average 1921). Older homes often have solid construction, high ceilings, and unique details, but may also need updated wiring, plumbing, insulation, or roofing. A thorough inspection is recommended.
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How does the lot size affect usability?
At 3,301 sq. ft., the lot is slightly smaller than the street and neighbourhood averages, and well below the citywide average of 6,570 sq. ft. This is common in older, more densely built areas. The yard may be modest, but outdoor space is still functional for gardening, small gatherings, or pets.
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Who would this home be a good fit for?
Buyers who want above-average living space in a central, established neighbourhood without paying a premium for a large lot or a newer build. It’s also suitable for those who appreciate the character of a century home and are willing to invest time or money into maintenance and upgrades over time.