1608 Alexander Avenue – Property Overview
1. Key Characteristics & Buyer Profile
This is a compact, older home in Winnipeg’s Weston neighbourhood. The living area is 649 sq ft—well below average for its street, community, and the city as a whole. The house was built in 1908, placing it among the older properties in the area. The lot measures 2,164 sq ft, which is also significantly smaller than typical for Weston or Winnipeg. The assessed value is $130,000, reflecting the small size and age.
The appeal of this property lies in its low entry point. It’s one of the most affordable homes in the city by assessed value, ranking in the bottom 2% citywide. For a buyer who is cost-conscious, willing to take on a project, or not looking for space, this could be a practical option. However, the numbers also point to a home that is noticeably smaller and older than most nearby houses, so resale value and financing could be considerations. It would suit a first-time buyer with limited budget, an investor looking for a low-cost rental or flip, or someone who values a small footprint and is comfortable with older construction.
2. Five Possible FAQs
1. How does this home compare to others on the same street?
It’s smaller and older than most houses on Alexander Avenue. The living area is about 36% below the street average, and it was built roughly 30 years earlier than the typical home there. Its assessed value is also below average.
2. Is this considered a “fixer-upper” by Winnipeg standards?
That depends on condition, which isn’t included in the data. But given its age (1908) and low assessed value relative to the city, it’s reasonable to expect that updating or repairs may be needed. It’s not uncommon for homes of this era in Weston to require work.
3. Why is the lot size so small?
The lot is 2,164 sq ft, which ranks in the bottom 1% citywide. This is typical of older infill or narrow lots in central neighbourhoods. It limits expansion options and yard space, but also keeps taxes and maintenance lower.
4. Could this be a good rental property?
Possibly, but the low assessed value and small size suggest it would rent at the lower end of the market. The Weston area has a mix of older homes and rentals, so tenant demand is there, but you’d need to factor in potential repair costs and the likelihood of a modest return.
5. How might the age affect insurance or financing?
Homes built before 1910 can be harder to insure or finance, depending on the condition of the electrical, plumbing, and roof. Some lenders or insurers may require an inspection or specialized policy. It’s worth checking with a local broker before making an offer.