1320 Logan Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 697-square-foot home built in 1913, sitting on a 3,317-square-foot lot in Winnipeg’s Weston neighbourhood. The property is priced well below market averages at a $65,000 assessed value—ranking dead last on its street, in its neighbourhood, and near the bottom city-wide. The living area is similarly compact: it’s smaller than 96% of comparable homes across Winnipeg, and about 250 square feet below the local average.
The appeal here is twofold. First, the land-to-building ratio is reasonable for the area. While the lot is slightly undersized by street standards, it actually ranks above average in the wider Weston neighbourhood—meaning you’re not locked into a postage-stamp site. Second, the price point is extremely low for any detached property in the city. That makes this a candidate for buyers who are comfortable with a small footprint and see potential in a fixer-upper or tear-down, rather than expecting a move-in-ready home. It would suit an investor looking for a low-cost entry into the Weston market, someone with renovation skills willing to take on a century home, or a buyer who prioritizes land value over immediate livability. It’s less suited for anyone seeking a turnkey family home or a property with resale upside without significant work.
Frequently Asked Questions
1. Why is the assessed value so low compared to neighbours?
The $65,000 assessment ranks lowest on the street and in the neighbourhood. This typically reflects the home’s condition, age, and small living area—not the land value. Given the 1913 construction and below-average square footage, the assessment likely weights the structure lightly, and the land itself may still hold underlying value.
2. Is the land area actually a selling point here?
Yes, but only relative to the neighbourhood. At 3,317 square feet, the lot is smaller than most on Logan Avenue (top 71%) but larger than average in Weston (top 41%). So while it’s not a generous city lot, it’s not unusually cramped for the area. For a buyer planning to demolish or rebuild, the land-to-price ratio could be favourable.
3. How old is this house, and what does “around average” for the neighbourhood mean?
Built in 1913, it’s older than most on its street (top 87%) and older than the city average (top 90%). In the Weston neighbourhood, it sits at a more typical age—ranked in the 67th percentile, meaning plenty of surrounding homes are similarly vintage. Buyers should expect wiring, plumbing, and foundation issues common to homes over a century old.
4. Can a 697 sqft home be expanded?
Potentially, depending on zoning and setback rules. The lot is modest, so any addition would be limited. A more realistic path for increasing usable space would be finishing a basement or an attic conversion, if the structure allows. Without seeing the floor plate or ceiling heights, it’s impossible to guarantee.
5. What’s the neighbourhood like for resale?
Weston is a working-class area with older housing stock. The property’s low price point means it could attract interest from developers or flippers if land values rise, but the surrounding comparables don’t suggest quick appreciation. The home’s ranking at the very bottom for assessed value on the street means it will likely need significant investment before it competes with neighbours.