Property Overview & Key Characteristics
This one-and-three-quarter storey home on Alexander Avenue in Winnipeg's Weston neighbourhood is a classic, century-old property built in 1912. Its key appeal lies in its solid fundamentals and potential. With 960 sqft of living space on a generous 2,965 sqft lot, it offers a balance of manageable size and valuable outdoor space. The home has an unrenovated basement, no garage, and no pool, positioning it as a straightforward, no-frills opportunity.
Its primary draw is value and possibility. The assessed value of $170k is in the top 7% for Winnipeg, indicating a strong baseline for the price point. The lot size ranks in the top 10% city-wide, which is a significant asset for future expansion, gardening, or simply enjoying more private outdoor space than is typical. The home would suit a first-time buyer comfortable with a property that may require updates over time, an investor looking for a character home in a historic neighbourhood, or a practical buyer who prioritizes land value and location over move-in-ready finishes. A less obvious perspective is that its age and established neighbourhood often mean mature trees and a settled, community-oriented street—qualities not reflected in raw data.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common architectural style for homes of this era. It typically means the second floor has slightly less full-height ceiling space than the main floor, often with dormer windows. It provides more space than a bungalow but with a different layout than a full two-storey.
2. The basement is noted as "not renovated." What should I expect?
You should anticipate a functional, utilitarian space that reflects the home's age. It likely has the original foundation, flooring, and ceilings. It's suitable for storage and housing mechanical systems but would require investment to become a finished living area.
3. How does the assessed value relate to the listing price?
The assessed value of $170k is the city's valuation for property tax purposes, last updated in 2022. It serves as a useful benchmark, showing the home is considered well-valued within Winnipeg. The listing price may be set higher or lower based on market conditions, updates, and seller strategy.
4. The home is over 110 years old. What are the main considerations?
Character and charm come with the need for diligent maintenance. Key considerations include the age and condition of major systems (roof, plumbing, electrical, foundation) and the potential for historical materials like plaster walls and original woodwork, which require specific repair approaches.
5. There's no garage. What are the parking options?
The property likely relies on on-street parking. It's important to check local street parking regulations with the city to confirm there are no restrictions or permit requirements, and to observe typical availability during your visits.