1423 Logan Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,020 sqft home built in 1945 on a 4,218 sqft lot in the Weston area of Winnipeg. Its assessed value is $190,000. The property’s main appeal is its land—the lot is well above average for both the street (top 23%) and the neighbourhood (top 19%). That’s the standout feature here, not the house itself. The living area is slightly above the street average but below the citywide average, and the assessed value is closely aligned with local norms, while sitting well below the citywide median.
This property would suit a buyer who values outdoor space or sees potential in a large urban lot—someone who might want room for a garden, a shop, or future expansion. It’s less suited for a buyer focused on a modern or updated interior, or one looking for an asset that tracks citywide appreciation. The house is a solid, middle-of-the-pack structure on a notably good piece of land. A thoughtful buyer might note that the land-to-building ratio is favourable, which could matter if you’re planning renovations or considering long-term land value, especially in an older inner-ring neighbourhood like Weston where lot sizes vary widely.
Five Possible FAQs
1. How does the assessed value compare to other homes in the area?
The assessed value of $190,000 is roughly average for the street and neighbourhood, ranking in the top 34% and 39%, respectively. Citywide, it’s far below average—largely because many newer, larger homes elsewhere drive that number up. In practical terms, this means you’re not paying a premium for the location, and the tax base is moderate.
2. Is this considered a large lot for Winnipeg?
Locally, yes. The lot is 4,218 sqft, which beats 77% of homes on Logan Avenue and 81% in the wider Weston area. But compared to the city average of 6,570 sqft, it’s below average. That citywide figure is inflated by suburban lots; in older, closer-in neighbourhoods like this one, 4,200 sqft is genuinely above the norm.
3. Why is the citywide rank for living area so low (top 72%) if it’s above average on the street?
The home is 1,020 sqft, which is generous for Logan Avenue (average 938 sqft) and Weston (average 936 sqft), but the citywide average for comparable homes is 1,342 sqft. That gap reflects the larger homes found in newer suburbs and wealthier areas. In its immediate context, this house is a bit roomy; citywide, it’s modest.
4. The home was built in 1945. Should I expect older home issues?
Yes, it’s a 1945 build, which places it around average for the street and neighbourhood. Many homes of this vintage in Winnipeg have been updated to some degree, but you’d want to check for original wiring, plumbing, foundation condition, and insulation. That said, being from the mid-1940s often means solid framing and a simpler layout—less of the “character” charm of pre-war houses, but fewer of the structural quirks either.
5. What does “top 19%” for land area actually mean for day-to-day use?
It means you’ve got more yard than most of your neighbours. On a 4,218 sqft lot, you’re looking at roughly a 50-by-85-foot plot, give or take. That’s enough for a decent garden, a playset, a small workshop, or even a garage addition—something a lot of nearby homes can’t accommodate without sacrificing parking or green space. It also gives you more privacy buffer from the sidewalk and adjacent houses.