1182 Logan Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,005 sqft home built in 1945, sitting on a 3,902 sqft lot in Winnipeg’s Weston neighbourhood. What stands out is the value proposition relative to the immediate area. While the property is smaller and older than the citywide average, it performs well on its own street and within Weston. The assessed value of $203k is above both the street average ($187.8k) and the neighbourhood average ($184.7k), ranking in the top 26% and 29% respectively. That suggests the home holds its worth well compared to nearby properties, even though citywide it falls into a lower tier.
The appeal here is more about local context than broad comparisons. For someone looking in Weston, this home offers a larger-than-average lot for the neighbourhood (3,902 sqft vs. 3,269 sqft neighbourhood average) and solid value relative to what’s selling nearby. It’s not a showpiece – the living area and land are below city medians – but it’s a practical, reasonably priced option in a specific pocket. It would suit buyers who are focused on the Weston area, possibly first-time homeowners or those looking for a fixer-upper with decent bones, rather than someone seeking a move-in-ready, modern home. The 1945 build means it likely has character but also potential for updates, so buyers should be comfortable with an older home’s maintenance realities.
Frequently Asked Questions
1. How does this home compare to others on Logan Avenue?
It’s above average on the street for both living area and assessed value, ranking in the top 29% and 26% respectively. The lot size is around the middle of the pack, and the year built is close to the street average of 1949.
2. Why is the assessed value above neighbourhood average but below citywide?
Weston’s overall property values are lower than many other Winnipeg neighbourhoods, so a home in the top 29% locally can still rank low citywide. This property’s value is strong for its immediate area, not for the whole city.
3. What does the land area of 3,902 sqft mean in practical terms?
It’s a moderately sized lot – larger than the typical Weston property (3,269 sqft average) but smaller than the citywide norm. It offers decent yard space without being oversized, so maintenance should be manageable.
4. Is a 1945 home a risk for major repairs?
Potentially. Homes of that era often have older electrical, plumbing, or insulation. But the assessed value being above local averages suggests it’s been maintained reasonably. A home inspection is essential to identify any hidden issues.
5. Who would this property NOT suit?
Buyers looking for a large, modern home with a big yard, or those wanting a property that ranks well against citywide averages, should look elsewhere. It’s best for someone focused on Weston specifically, who values local value over broad comparisons.