680 Alfred Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a modest, older home in Winnipeg’s William Whyte neighbourhood. Built in 1924, it sits on a 3,004 sqft lot with 758 sqft of living space. Its assessed value is $183,000.
What stands out here isn't the size—it’s the value proposition relative to the surrounding area. The home’s assessed value is slightly above the neighbourhood average of $149,100 and significantly below the citywide average of $390,100. That gap suggests a property priced for its immediate context, not for broader market trends. It ranks in the top 24% of homes in William Whyte by assessed value, meaning it’s on the higher end locally, but still well below city norms.
The lot is average for the street and neighbourhood, but noticeably smaller than typical citywide lots (which average over 6,500 sqft). The living area is below average at every level—street, neighbourhood, and city. This is not a home for someone seeking spacious rooms or a large yard. It’s more of an entry-level or investment property where location and relative affordability outweigh square footage.
Who it suits: First-time buyers looking for a foothold in an older, established neighbourhood; investors targeting the lower end of the market with potential for gradual appreciation; or someone who values being in William Whyte specifically—perhaps for proximity to amenities or transit—and is willing to trade interior space for a more accessible price point. It may also appeal to buyers who prioritize a home’s bones (pre-1930s construction often means solid materials) over modern finishes.
Five Possible FAQs
1. How does this home’s assessed value compare to others nearby?
It’s above average for the William Whyte neighbourhood but below average citywide. On Alfred Avenue itself, the value is roughly average relative to similar homes.
2. Is the living area unusually small?
Yes, at 758 sqft it’s below the street average (1,084 sqft), the neighbourhood average (1,158 sqft), and the city average (1,342 sqft). It ranks in the bottom 13–15% for living area at all three geographic levels.
3. What does the lot size mean practically?
The lot is 3,004 sqft, which is about average for the street and neighbourhood but much smaller than the typical Winnipeg lot. Outdoor space is limited, which is worth considering if you plan to garden, park multiple vehicles, or add an extension.
4. Is the home’s age a concern?
Built in 1924, it’s older than most homes citywide (average 1966), but typical for the street and neighbourhood. Older homes can have solid construction, but expect potential maintenance issues with plumbing, electrical, or insulation. A thorough inspection is advisable.
5. How does this property rank overall in Winnipeg?
It ranks in the bottom 6% for assessed value and bottom 7% for living area citywide. In other words, it’s a smaller, lower-value home compared to the city as a whole, but it holds its own within its immediate street and neighbourhood.