Here is a clean, grounded summary of the property at 623 Alfred Avenue, formatted for direct webpage display.
Property Profile: 623 Alfred Avenue
Key Characteristics & Best-Fit Buyer
This is a 1,205 sqft home built in 1913, sitting on a 3,004 sqft lot. Its main appeal is straightforward: you get above-average living space relative to the immediate street and neighborhood, at a price point that is significantly below citywide norms. While the home is older than the city average—ranking in the bottom 10% citywide for year built—the assessed value of $159,000 is notably low compared to Winnipeg’s overall median of $390,100. This suggests the structure itself may require attention, but the land and livable square footage are priced affordably.
The property sits in the William Whyte neighborhood, where both the lot size and living area are average for the area. It is not a “standout” in terms of land or condition, but it offers a solid, moderate-sized footprint in a neighborhood where values are relatively stable (ranking in the top 35% locally).
This property would best suit a practical, hands-on buyer—someone who is comfortable with an older home and is looking for more interior room than a typical starter condo or small bungalow offers, without paying a premium for a trendy location or a fully renovated interior. It is less suited for investors seeking quick appreciation or buyers who want a turnkey, low-maintenance property in a newer subdivision.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
It is above average. On Alfred Avenue, this home ranks in the top 29% for living area (1,205 sqft vs. the street average of 1,084 sqft). You are getting noticeably more interior space than most of your immediate neighbors.
2. Is the assessed value a good deal?
Relative to the city, yes. The $159,000 assessment is in the bottom 4% citywide, meaning it is one of the more affordable properties in Winnipeg. However, it is slightly below the street average ($164,100) and above the neighborhood average ($149,100), so it is priced in line with local conditions, not a bargain for the area itself.
3. What can you tell me about the lot size?
The lot is 3,004 sqft, which is typical for the street and neighborhood (ranking 45th and 59th percentile, respectively). It is not a large yard by city standards—the average Winnipeg lot is more than double this size. Expect a compact, manageable outdoor space.
4. The house was built in 1913. Should I be concerned?
It is an old home, ranking in the bottom 10% citywide for year built. However, it is actually average for Alfred Avenue (the street average is 1929). Many homes in the area are of similar vintage. The key takeaway is that you should budget for older-home maintenance and systems (plumbing, electrical, foundation), but you are not buying an anomaly for the neighborhood.
5. Who is this property not for?
This home is likely not ideal for someone looking for a large, private yard or a recently built, low-maintenance property. It also probably won’t appeal to buyers who prioritize a high citywide ranking for property value or a newer construction date. It is a functional, modest home in a working-class neighborhood—not a luxury or high-appreciation asset.