This property at 1444 Alexander Avenue is a 1914-built home with 1,067 square feet of living space on a 2,135 square foot lot. Its appeal lies in relative affordability and solid interior space for the neighborhood. The assessed tax value of $196,000 is notably low compared to the citywide average of $390,000, making this a budget-conscious option in a mature area.
The land area is significantly smaller than typical lots on its street (ranking in the bottom 8%) and across the city (bottom 1%). This suggests limited outdoor space but lower upkeep. The living area is above average for the Weston community (top 26%), offering more interior room than many nearby homes. The home's age (1914) is typical for the street and area but older than most citywide—character that often comes with maintenance considerations.
This property would suit a buyer who prioritizes indoor square footage over a large yard, values being in an established neighborhood with older homes, and is looking for a lower entry point in terms of property tax assessment. First-time buyers, small households, or those who prefer a compact lot with less yard work may find it a practical fit. The combination of modest land and reasonable interior size suggests a home suited to those who want space inside without the commitment of a large property.
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How does the property tax assessment compare to other homes in Winnipeg?
The assessed value of $196,000 is well below the citywide average of $390,000, ranking in the bottom 8%. This means annual property taxes are likely lower than for many other homes in the city. However, within the Weston community and on Alexander Avenue itself, the assessment is close to average.
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Is a small lot a disadvantage in this neighborhood?
The lot is 2,135 sqft, which is smaller than typical for both the street (average 2,977 sqft) and the community (average 3,269 sqft). It depends on your needs. Less land means less mowing and maintenance, but also less room for gardens, expansions, or outdoor storage. For buyers who don't need a large yard, it can be a practical trade-off.
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What should I know about a home built in 1914?
Older homes often have solid construction but may need updates to electrical, plumbing, insulation, or roofing. This one is typical for Alexander Avenue and Weston, where many homes date from the same era. It's worth budgeting for an inspection and potential renovations, especially if systems are original.
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How does the living space stack up against other homes nearby?
At 1,067 sqft, it's slightly above average for Alexander Avenue (1,015 sqft) and clearly above the Weston community average of 936 sqft. But it's below the citywide average of 1,342 sqft. So you're getting more interior room than many neighbors, but less than newer or larger homes across Winnipeg.
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Is this home a good investment for first-time buyers?
Potentially yes, for the right person. The below-average assessed value suggests affordable taxes, and the interior space is reasonable for a starter home. But the small lot and older construction mean future resale may depend on how well the property is maintained and whether the area continues to appeal to buyers seeking lower-maintenance homes. It's less likely to appreciate rapidly compared to homes with larger lots, but carries lower carrying costs.