1134 Alexander Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1949-built home on a notably large lot in the Weston neighbourhood. The lot size stands out: 4,540 square feet ranks in the top 13% on the street and in the neighbourhood, and sits around the citywide average. The home itself is smaller than typical for the area—764 square feet of living space ranks below average on Alexander Avenue and citywide, though it is roughly in line with the Weston neighbourhood average. The assessed value of $193,000 is around average for the street and neighbourhood, but well below the citywide average of $390,100. The year built is slightly older than the street and neighbourhood average of 1937, making it one of the older homes locally but still within a typical range for the area.
The appeal here is the land-to-house ratio. Buyers who value outdoor space, gardening, a larger yard for children or pets, or potential for future expansion will find the lot size compelling. The home’s modest footprint could suit someone looking for a manageable interior with room to grow outside—either through landscaping, a workshop, or eventual addition. It may also appeal to those who want a lower-maintenance home without the premium of a newer build or larger square footage. This property would likely suit first-time buyers, downsizers who still want a yard, or investors looking for a lot with development potential in a modestly priced pocket of the city. The Weston neighbourhood is more affordable than many central Winnipeg areas, and this home reflects that while offering above-average land.
Five Possible FAQs
1. How does the lot size compare to other homes in Weston?
The lot is larger than 87% of comparable properties in the neighbourhood. The average lot in Weston for similar homes is around 3,269 square feet, so this one is about 40% larger.
2. Is the assessed value of $193,000 realistic for the area?
Yes, the assessment is around average for both the street and neighbourhood. Weston’s median assessed value is roughly $184,700, so this home falls slightly above that but well within the local range.
3. Why is the living area ranked low citywide but average locally?
The 764-square-foot floor plan is smaller than the citywide average of 1,342 square feet for comparable homes, but it matches the typical size in Weston, where the neighbourhood average is 936 square feet. This means you’re getting a home that fits the local norm, not an unusually small space for the area.
4. Does the 1949 build date mean the house needs major updates?
Not necessarily. The home is older than the average build in Weston (1937) and the city (1966), but age alone doesn’t indicate condition. The assessment and sale data don’t include renovation history, so a home inspection would be needed. However, many homes from that era in the area have been maintained or updated. The good lot ranking suggests the land has more value than the structure, so factor that into any offer.
5. What does “ranked 13% on the street” for lot size mean in real terms?
Out of 608 homes on Alexander Avenue, this property has a larger lot than 87% of them. Only about 77 homes on the street have more land. It places the property among the top tier for lot size locally, which is unusual for a home with a below-average living area.