712 Alfred Avenue

712 Alfred Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,480 sqft home built in 1913, sitting on a 3,004 sqft lot in Winnipeg's William Whyte neighbourhood. What stands out most is the living space. On Alfred Avenue, this property ranks in the top 11% for living area—significantly larger than the street average of 1,084 sqft. It also fares well within the neighbourhood (top 18%) and sits around the citywide average.

The assessed value of $134k tells a different story. It's below the street average ($164k) and well below the citywide average for comparable homes ($390k). This suggests the property offers a relatively large amount of interior space for its price—value that may not be immediately apparent from the exterior or lot size.

The lot itself is 3,004 sqft, which is slightly below the street and neighbourhood averages, and much smaller than the typical Winnipeg lot of 6,570 sqft. The home was built in 1913, older than most on the street and in the city, but not unusual for the area.

Who it suits: Buyers who prioritize interior square footage over lot size, and who are comfortable with an older home that may require attention. It could appeal to someone looking for a well-sized floor plan in an established neighbourhood without paying a premium for land or a newer build. Investors or first-time buyers focused on space per dollar might find it worth a closer look.

Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
It's lower than both the street average ($164k) and the neighbourhood average ($149k). Citywide, it's in the bottom 2% of assessed values. This could reflect the home's age, condition, or lot size rather than its living area.

2. Is the 1913 build date a concern?
The age is typical for this street, where the average home was built in 1929. The citywide average is 1966, so this is an older property overall. Older homes can have charm and solid construction, but they often come with older systems and may need updates—worth budgeting for.

3. The lot is smaller than average—does that matter?
It depends on your needs. The lot is close to the street and neighbourhood norm but is less than half the size of the typical Winnipeg lot. If you're looking for a large yard or garden space, this may feel tight. But for lower maintenance, it could be a plus.

4. How does this property rank compared to others in William Whyte?
It ranks well for living area (top 18% in the neighbourhood) but closer to average for assessed value and lot size. It's not an outlier in any extreme way, but the living space is its strongest feature relative to other homes in the area.

5. What should I look for during a viewing?
With a home built in 1913, pay attention to the foundation, roof, electrical, and plumbing. Also consider how the square footage is laid out—whether it feels functional or chopped up. Given the lower assessed value, the interior condition may vary, so a home inspection is a smart move.