1315 Alexander Avenue – Property Summary
Key Characteristics & Buyer Profile
This home at 1315 Alexander Avenue sits in Winnipeg’s Weston neighbourhood. It offers 1,092 square feet of living space, which is slightly above the local average—ranking in the top 22% of homes in the area. The lot is 3,750 square feet, notably larger than most neighbouring properties on the street (top 23%), though below the citywide average. Built in 1927, the house is older than many others in Winnipeg, but consistent with the character of homes throughout Weston and Alexander Avenue.
The assessed value sits at $180,000, roughly in line with the street and neighbourhood averages. This is significantly below the citywide median of $390,000, reflecting both the age of the home and the area’s pricing structure.
The appeal here is straightforward: you get more indoor space and a bigger lot than typical for the neighbourhood, without paying a premium relative to the street or community. For someone who values square footage and outdoor space over a newer build, this property offers a practical trade-off. It would particularly suit buyers who are comfortable with an older home and want room to grow—whether that means a garden, a workshop, or extra living area compared to similar-priced options in Weston. The property may also appeal to those looking west of the city core for more land per dollar, though at the expense of newer construction or finishes.
Five Possible FAQs
1. How does the property’s size compare to others nearby?
The living area is above average for Weston, ranking in the top 22% of homes. The lot is also larger than most on Alexander Avenue (top 23%), making it one of the more spacious properties on the street for both indoor and outdoor space.
2. Is the assessed value of $180,000 realistic for this area?
Yes. It aligns closely with the average assessed value on the street ($184,000) and in the neighbourhood ($185,000). For context, the citywide average is much higher at $390,000—so this figure reflects local market conditions, not an undervaluation.
3. What does the 1927 build year mean in practical terms?
The home is older than roughly 84% of properties citywide, but it’s on par with most houses on the street and in Weston. Buyers should expect the quirks and maintenance that come with a nearly 100-year-old home—like possible updates needed for plumbing, electrical, or insulation—but also the character and solid construction typical of that era.
4. How does this property compare to newer homes in Winnipeg?
It offers more living space and a larger lot than many newer homes in the city, but at a much lower assessed value. The trade-off is age: newer homes will generally have modern systems, better energy efficiency, and less immediate maintenance. This property is best for someone willing to invest time or money into an older home in exchange for more space and a lower price point.
5. What types of buyers typically look at homes in Weston?
Weston tends to attract buyers looking for established neighbourhoods with larger lots and older homes, often at more accessible price points than closer to the city centre or in newer suburbs. It’s not uncommon to see first-time buyers, those looking for a fixer-upper with potential, or families wanting more yard space without leaving the city.