1313 Logan Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,040-square-foot home built in 1914 on a 2,508-square-foot lot in the Weston area of Winnipeg. Its standout feature is living space: the home is larger than most comparable properties on its street (top 23%) and in the neighbourhood (top 29%), though it sits close to the citywide average. Where this property really differs is cost. Its assessed value of $90,000 is far below the street, neighbourhood, and city averages—ranking in the bottom 2% locally and bottom 1% citywide. The land area is also notably small, ranking in the bottom 18% on the street and bottom 5% citywide.
The appeal here is straightforward: you get more interior square footage than most nearby homes for a very low assessed value. That combination tends to attract buyers who are comfortable with a smaller lot and an older structure (built 1914, well before the street and city averages) but want room inside. It could suit someone looking for a fixer-upper with good bones in terms of space, or a buyer who values interior livability over yard size. The low assessed value may also appeal to those watching property taxes or seeking a budget-friendly entry point into Weston. Less obvious is that the property’s value gap relative to the neighbourhood could mean either untapped potential or existing deferred maintenance—worth investigating in person.
Frequently Asked Questions
1. How does the living area compare to other homes nearby, and why does it matter?
The home’s 1,040 square feet is above average for both its street and the broader Weston area. This means you’re likely getting more usable indoor space than typical for the price range. However, compare it to newer homes citywide (average 1,342 sqft), and it’s slightly smaller, so expectations should be adjusted for the era and location.
2. The assessed value is very low. Does that mean the property is a bargain or a risk?
Low assessed value can point to several things: age-related condition, smaller lot size, or a quiet market segment. It doesn’t automatically mean the home is overpriced or undervalued—but it does suggest the market sees less demand for this specific combination of age, lot size, and location. A home inspection and recent sale comparisons in Weston would give a clearer picture.
3. What should I know about a house built in 1914?
Older homes often have solid framing and interesting character, but they may also need updates to electrical, plumbing, insulation, and foundation work. The year-built rank here (top 84% on the street, meaning older than most) reinforces that this is one of the older properties in the area. Budget for possible system upgrades and check for knob-and-tube wiring, lead paint, or asbestos if finishes are original.
4. The lot is only 2,508 square feet. Is that a problem?
It’s below average for the street, neighbourhood, and city. If you want a garden, garage, or room to expand, this lot may feel tight. On the other hand, smaller lots often mean lower upkeep and sometimes lower property taxes. Think about how you plan to use the outdoor space before committing.
5. How does this property compare to others in Weston overall?
Relative to Weston, this home wins on interior space (top 29%) but lags on year built (around average for the neighbourhood) and assessed value (bottom 1%). Land area is also below average (bottom 26%). It’s a trade-off: more room inside, less room outside, and a lower price tag than most neighbours. That combination is unusual, so it’s worth seeing how it feels in person.