1612 Alexander Avenue – Property Summary
Key Characteristics & Ideal Buyer Profile
This is a modest, older home in Winnipeg’s Weston neighbourhood that offers below-average living space and a small lot by both local and citywide standards, but comes with a significantly below-average assessed value. The house was built in 1912, making it one of the older properties in the area—most comparable homes on Alexander Avenue date from around 1937, and the neighbourhood average is similar. The lot is 2,165 sqft, which is noticeably smaller than the street average of 2,977 sqft and far under the citywide average of 6,570 sqft. Living area is 1,032 sqft, roughly in line with the street and neighbourhood averages but below the citywide figure of 1,342 sqft. The assessed value sits at $147,000—well below the street average of $184,300 and the citywide average of $390,100.
The main appeal here is affordability, not space or modern updates. A buyer who values a lower entry price in an established, older neighbourhood—and is comfortable with a compact lot and an older home that may need work—would find this property worth a closer look. It’s not a match for someone seeking a large family home or a turnkey move-in, but it could suit an investor, a first-time buyer on a tight budget, or someone willing to renovate gradually. The low assessed value also suggests potentially lower property taxes compared to many other Winnipeg homes.
Five Possible FAQs
1. How does this home’s assessed value compare to others nearby, and what does that mean for taxes?
It’s assessed at $147,000, which is about 20% below the average for Alexander Avenue ($184,300) and far below the citywide average for comparable homes ($390,100). Lower assessed value typically means lower annual property taxes, though tax rates and mill rates still apply.
2. Is the lot size unusual for this area?
Yes, the lot is 2,165 sqft—smaller than the street average (2,977 sqft) and significantly smaller than the neighbourhood average (3,269 sqft). Citywide, it ranks in the bottom 1% for lot size. If you want a large yard or garden space, this may not be the right fit.
3. Was the home updated recently?
The provided data only shows the year built (1912) and does not include renovation history. Given its age and below-average assessed value, it’s reasonable to expect older systems and finishes, but you’ll want to request a detailed inspection or seller disclosure for specifics.
4. How does the living area compare to other homes in Weston?
At 1,032 sqft, it’s slightly above the neighbourhood average of 936 sqft but still considered modest. It ranks in the top 32% locally for living area, meaning most homes in Weston are smaller—but citywide, it’s below average. It works well for a small household or someone downsizing.
5. What’s the neighbourhood like in terms of property age and character?
Most homes on Alexander Avenue and in Weston were built around 1937, so this 1912 property fits into an older, established streetscape. Buyers should expect vintage architecture (often with original details) but also potential maintenance needs common in century homes. It’s a neighbourhood with character, not a newer subdivision.