1396 Lincoln Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a compact, older home in Winnipeg’s Weston neighbourhood with a notably large lot for its street. The living area is 877 square feet—slightly above average for Lincoln Avenue (top 33%) but well below the citywide norm. The house was built in 1945, making it newer than most homes on the same street (top 19%) and in the neighbourhood, though older relative to Winnipeg as a whole.
The real standout is the land: 3,712 square feet ranks in the top 19% on the street and top 33% in the area. That’s a decent-sized yard in a central city neighbourhood, where smaller lots are typical. The assessed value is $170,000—close to the street and neighbourhood averages, but far below the citywide median. In other words, you’re paying at or near the local market rate for an older, modestly sized house on an above-average lot.
This property would suit a buyer who values outdoor space over square footage inside, and who is comfortable with a home built in the mid-1940s—meaning potential updates or maintenance depending on prior renovations. It’s not a flip candidate targeting luxury finishes or high resale margins; it’s a practical, entry-level house on a good lot in an older, established part of town. Someone looking to get into a Winnipeg home with a sizable yard without paying a premium for the house itself would find this aligned with their needs.
Five Possible FAQs
1. Is the house in move-in condition or does it need work?
The data doesn’t specify condition, only year built and assessed value. With a 1945 build, it’s worth budgeting for possible older systems (electrical, plumbing, roof) unless a recent inspection shows updates. The price suggests it’s not being sold at a premium for full renovations.
2. How does the lot size compare to other homes in Weston?
The lot is 3,712 square feet, which is in the top 19% on Lincoln Avenue and top 33% in the neighbourhood. Weston has a mix of lot sizes, but this is on the larger side for the immediate street and above average for the area.
3. Why is the citywide ranking for living area and value so low if it’s average locally?
Winnipeg has many newer, larger homes in suburban developments that drive up the citywide median. On Lincoln Avenue and in Weston, older and smaller homes are more common. The property is typical for its immediate context, even though it looks small or low-value compared to the whole city.
4. What does “ranked #24 out of 126” on the street actually mean for desirability?
It means this property has a larger land area than roughly 80% of the other homes on Lincoln Avenue. For lot size, a higher rank is better. The same rank for year built (also #24) means it was built newer than most on the street. Both are favorable indicators in their local comparisons.
5. Could the assessed value change soon based on these rankings?
Assessments are based on market conditions and comparable sales, not just percentile rankings. The property is valued close to its street and neighbourhood medians, so a major shift is unlikely unless the broader Weston market changes or the home undergoes significant improvements that get reflected in a reassessment.