1610 Alexander Avenue

1610 Alexander Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a compact, older home in the Weston area of Winnipeg, built in 1912. At 988 square feet of living space, it’s slightly smaller than the street and neighborhood averages, but the lot size is noticeably below typical—2,164 square feet, which is in the bottom 20% on the street and bottom 10% citywide. The assessed value of $132,000 is significantly lower than the neighborhood average of $184,700 and well below the citywide figure of $390,100.

The appeal here is entry-level affordability in an established central neighborhood. The low purchase price relative to citywide medians makes it accessible for first-time buyers or investors looking for a lower-cost entry point into the Winnipeg market. The small lot and older construction mean less outdoor upkeep and a more mature streetscape, but also likely higher maintenance and utility costs over time. This is not a home for someone seeking modern finishes, large yards, or strong resale comparables—it’s a functional, no-frills property where location and price do the heavy lifting. It could also suit a buyer planning to renovate or eventually rebuild on the lot, provided zoning allows.

Five Possible FAQs

1. How does this home compare to others in the neighborhood?
In Weston, this property ranks in the bottom third for lot size (1631 out of 1736 homes) and bottom quarter for assessed value (1491 out of 1736). Living area is around average for the area but below the citywide norm. It's an older home relative to both the neighborhood and the city.

2. Is the assessed value accurate, and what does it reflect?
The assessed value of $132,000 is based on the city’s mass appraisal model. It’s lower than 86% of homes on the street and 98% of homes citywide. This likely reflects the smaller lot, older age, and modest square footage. It may or may not align with what a buyer would pay today—market conditions and renovation potential can push the sale price higher.

3. What's the lot like, and what can I do with it?
The lot is 2,164 square feet, which is compact. If you’re used to a typical suburban lot, this will feel small. There’s limited space for extensions, a large garage, or landscaping. However, the smaller area means less maintenance. Check local zoning rules before planning any major changes—this lot is near the bottom citywide, so additions may be restricted.

4. How old is the house, and what should I look out for?
Built in 1912, it’s over 110 years old. That means it predates modern building codes and materials. Expect potential issues with knob-and-tube wiring, lead pipes, foundation settlement, asbestos, and poor insulation. A thorough inspection is essential, especially the roof, plumbing, electrical system, and basement moisture. Renovations may need to account for outdated structural elements.

5. Why is the assessed value so much lower than the city average?
Winnipeg’s citywide average assessed value is $390,100, driven by newer, larger homes on bigger lots. This property falls far below that for several reasons: smaller lot, older construction, and living area below the city median. Whole-neighborhood factors like transit access, school catchments, and local services also play a role. The low assessment is not necessarily a mark against the property—it’s a reflection of its compact, early-20th-century character in a modest segment of the market.