270 Alfred Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a compact, modern home in Winnipeg's William Whyte neighbourhood. At 904 square feet, the living area is below average for its street, neighbourhood, and city—but that's partly because most nearby homes were built decades earlier, when smaller floor plans were common. The real standout here is the age: built in 1987, it's newer than 93% of homes on Alfred Avenue and 88% in the neighbourhood. That means newer construction standards, updated systems, and less immediate maintenance compared to the area's typical 1920s-era housing stock.
The assessed value sits at $165,000—roughly average for the street, slightly above the neighbourhood average ($149,100), and well below the citywide median of $390,100. The lot is a modest 3,265 square feet, which matches the street and neighbourhood averages but is about half the citywide typical size.
Who this suits: Buyers who want a move-in-ready home with modern bones in an older, established neighbourhood. It's not for someone seeking character details or generous square footage. It works well for first-time buyers, small families, or investors looking for a low-maintenance property with reasonable entry cost. The trade-off is clear: you get a newer house, but the living space is tight and the lot is small by city standards.
Frequently Asked Questions
1. How does the living area compare to similar homes in the area?
It's below average at every level—904 sqft vs. roughly 1,084 sqft on the street and 1,158 sqft in the neighbourhood. But the "comparable homes" used in the rankings include much older properties, so the gap partly reflects different eras of construction. Many 1920s homes in William Whyte are larger but come with older layouts and systems.
2. Why is the assessed value relatively low compared to the citywide average?
The citywide average ($390,100) is skewed by high-value neighbourhoods farther south and west. Locally, $165,000 is typical for Alfred Avenue and slightly above the William Whyte neighbourhood average of $149,100. The rating reflects the property's value within its own market, not a sign it's underperforming.
3. Is the lot size a concern for future expansion?
At 3,265 sqft, the lot is about average for the street and neighbourhood. It's not generous, but it's also not unusually tight for the area. Major additions would likely be difficult, but the yard is workable for a small garden, shed, or patio. Citywide, lots in Winnipeg vary hugely—many older homes sit on parcels nearly twice this size.
4. What does the "Top 7%" ranking for year built actually mean?
It means only about 1 in 14 homes on Alfred Avenue were built more recently than 1987. Most surrounding homes date from the 1920s. This is a meaningful advantage: newer construction typically means better insulation, updated electrical, and fewer immediate repair issues. The trade-off is the smaller footprint.
5. How reliable are the ranking comparisons for this property?
The rankings compare this home to a broad pool of "comparable homes" within each scope (street, neighbourhood, city). They're useful for understanding relative positioning, but the comparables pool isn't filtered for identical property types or condition. For instance, a 1920s bungalow and a 1987 house are both included. Use the rankings as a directional guide, not a strict apples-to-apples comparison.