1400 Lincoln Avenue — Property Summary
Key Characteristics & Buyer Profile
This is a compact, older home in Winnipeg’s Weston neighbourhood with a notably modest footprint. The living area is 720 square feet—smaller than most on its street, in its neighbourhood, and citywide. The house was built in 1945, which is older than the local average but consistent with the character of the area. The lot is 3,712 square feet, larger than many nearby properties, giving it a bit more outdoor space than the street’s median.
The assessed value sits at $191,000, which is roughly in line with others on Lincoln Avenue and in Weston, but well below the citywide average of $390,100. This reflects both the home’s age and its smaller size, but also the fact that the neighbourhood hasn’t seen the same price escalation as other parts of Winnipeg.
The appeal here is straightforward: it’s a modest, affordable entry point into a stable, older neighbourhood. The larger lot is a genuine asset—it offers room for gardening, storage, or future expansion that many comparably priced homes lack. It would suit first-time buyers who are priced out of newer or trendier areas, or anyone looking for a smaller, low-maintenance property with a bit of land. It’s less suited to buyers seeking modern finishes, open layouts, or a home that doesn’t need work.
Five Frequently Asked Questions
1. How does this home’s size compare to others in the area?
It’s smaller than most. On Lincoln Avenue, it ranks 80th out of 126 homes by living area. In the Weston neighbourhood, it’s below the median—1,298th out of 1,736. Citywide, it’s in the bottom 5%. If square footage is a priority, this property will feel compact.
2. Is the assessed value reasonable for the neighbourhood?
Yes. The assessed value of $191,000 is slightly above the street average ($186,000) and neighbourhood average ($184,700), which makes sense given the larger land area. It’s not overvalued relative to its peers.
3. What’s the lot like, and why does it matter?
The land is 3,712 square feet, which puts it in the top 19% on the street and top third in Weston. That extra space is noticeable—it could accommodate a garage, a workshop, or a larger garden—something most homes in this price range don’t offer.
4. When was the house built, and what should I expect?
Built in 1945, the home is older than most citywide (average year built is 1966), but fairly typical for Weston. You should expect traditional construction: likely plaster-and-lath walls, smaller rooms, and possibly outdated electrical or plumbing. It’s not a move-in-ready modern home unless someone has done renovations.
5. How does this property compare citywide?
Citywide, the home falls below average in every category except assessed value relative to land. The living area (top 95% smallest), year built (top 78% oldest), and land area (top 78% smallest) all reflect an older, smaller home in a lower-cost area. It’s a good deal if you value affordability over space or modernity.