1378 Alexander Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,345 sqft home on a 2,634 sqft lot, built in 1922, currently assessed at $213,000. Its standout feature is living space. Compared to other homes on Alexander Avenue, it ranks in the top 13% for interior size, and within the Weston neighbourhood it sits in the top 7% — meaning it offers notably more room than most nearby properties. The assessed value is above average for both the street and the neighbourhood, but well below the citywide median of $390,100. That gap reflects the home’s location in an older, more affordable part of Winnipeg rather than any shortcoming in the property itself. The land area is modest by city standards — typical for a mature urban neighbourhood — so this is not a property for someone seeking a large yard or future redevelopment potential.
The appeal here is straightforward: you get a relatively spacious interior in a solid, established neighbourhood without paying a premium for a newer build or a big lot. It suits buyers who prioritize square footage and character over land size or modern construction. First-time buyers, small families, or anyone looking for an older home with decent bones in a walkable, central area would find this worth a look. The 1922 build date means maintenance and updates should be expected, but the price point relative to space is hard to match in Winnipeg.
Five Frequently Asked Questions
1. How does the assessed value compare to similar homes in the area?
It’s above average for Alexander Avenue and Weston, but well below citywide medians. That’s typical for this older, inner-ring neighbourhood — the value reflects the location and era of housing, not a lack of quality or size.
2. Is the lot size a limitation?
For a detached home in Winnipeg, yes — 2,634 sqft is on the smaller side. It ranks in the bottom 7% citywide. That said, it’s average for the street, so you’re not getting less than what’s typical in the immediate area. If you want a big garden or room to expand, this likely isn’t the one.
3. What should I expect from a 1922-built home?
Older construction often means solid materials like old-growth lumber, but also potential issues with insulation, wiring, plumbing, and foundation. Expect some quirks and a need for ongoing upkeep. A thorough inspection is essential, especially for the electrical system and roof.
4. How does this property compare to newer homes in the same price range?
Newer homes in Winnipeg at this price point will likely be smaller, farther from the core, or in need of major renovation. This property trades a modern layout and lower maintenance for more space and an established neighbourhood with mature trees and nearby amenities.
5. Is the neighbourhood in demand?
Weston is an older, stable area that’s seen gradual interest from buyers priced out of more central or trendy districts. It’s not a hot market, but it offers solid value. The rankings show that homes here are fairly consistent in size and value — it’s a predictable, no-surprises market.