About This Property – 1397 Winnipeg Avenue W
Overview & Who It’s For
This is a 1914 home with 1,183 square feet of living space on a 2,659-square-foot lot in the Weston neighbourhood of Winnipeg. Its key strength is interior space: the living area is well above the neighbourhood average (top 14% locally), which means rooms feel proportionally generous compared to many nearby homes of similar vintage. The assessed value sits at $182,000 — roughly in line with the street and neighbourhood averages, but significantly below the citywide median. That combination of above-average interior size and below-average valuation is the property’s main appeal. The lot, however, is on the smaller side for the street (top 88% means 88% of neighbouring lots are larger). Built in 1914, the home is older than most in the neighbourhood and much older than the citywide average.
This property would best suit a buyer who values square footage over land and is comfortable with an older home’s character and maintenance realities. It could work for someone looking for a solid interior footprint in a well-established area without paying a premium for a large yard or a high assessed value. It’s less suited for buyers who prioritize a large lot, a newer build, or a lower-maintenance property.
Five Frequently Asked Questions
1. How does the living area compare to other homes nearby?
The 1,183 sqft is above average for Weston, ranking in the top 14% of comparable homes in the neighbourhood. It’s roughly average for the street and for Winnipeg as a whole. So you get more interior space than most homes in the immediate area.
2. The assessed value seems low for the city. Why?
The $182,000 assessment is well below the citywide median of $390,100. This reflects the home’s older construction (1914) and smaller lot size, which offset the above-average living area. It’s consistent with other properties on the street and in the neighbourhood, where assessed values cluster in the $180,000–$200,000 range.
3. Is a 1914 home likely to have original features or structural concerns?
Homes of this era often have solid framing, high ceilings, and character details like original trim or hardwood. But they also come with older electrical, plumbing, and insulation. You should budget for updates and a thorough inspection. Being in the top 68% of year-built on the street means it’s not unusually old for the block, but it’s older than most homes citywide (top 89%).
4. The lot is 2,659 sqft – is that workable for a family?
It’s below average for the street and the neighbourhood, and well below the typical Winnipeg lot size. For a single-family home with modest outdoor space (a small yard, garden, or patio) it’s fine, but if you need room for a large garage, multiple cars, or a big playset, it may feel tight. Land-area rankings show 88% of properties on this street have more land.
5. How do the neighbourhood and city rankings actually work?
The rankings compare this property to “comparable homes” within the same street, neighbourhood (Weston), and city. A top 14% ranking for living area in the neighbourhood means 86% of comparable nearby homes have less square footage. For assessed value, a top 94% citywide ranking means the value is lower than 94% of comparable homes across Winnipeg. The “Avg” figures shown are approximate medians for those groups, not exact averages.