1437 Lincoln Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a compact, older home in Winnipeg’s Weston neighbourhood, built in 1930 with 794 square feet of living space on a 3,433-square-foot lot. Its assessed value sits at $188,000. Compared to other properties on Lincoln Avenue, the home is essentially average in size, age, and value. Within the broader Weston area, it tracks similarly—neither a standout nor an outlier. Citywide, however, the picture shifts: the home is notably smaller, older, and lower-valued than the Winnipeg median, which reflects the fact that much of the city’s housing stock is newer and larger.
The appeal here is not about space or modern upgrades. This property suits a buyer who values location and lot size over square footage. The land is slightly above average for the street and neighbourhood, which can matter for yards, gardens, or future expansion potential. The age (1930) suggests solid pre-war construction but also likely means older systems and limited insulation. It would suit a first-time buyer looking for an entry point into a stable, older neighbourhood, or someone who prefers a smaller footprint and is willing to invest in incremental updates over time. It is less suited to families needing room to grow or buyers seeking a move-in-ready property with modern finishes.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
On Lincoln Avenue, the assessed value is slightly above average—$188,000 versus $186,000. In Weston, it’s similarly just above the neighbourhood average of $184,700. Citywide, it sits well below the $390,100 median, which reflects how much of Winnipeg’s higher-value housing is concentrated in newer or larger homes.
2. Is the living area unusually small for this area?
Not for the street or neighbourhood. At 794 square feet, it is slightly below the Lincoln Avenue average of 859 sqft and the Weston average of 936 sqft, but it is within a typical range for older homes in this part of the city. The gap is much wider compared to the citywide average of 1,342 sqft.
3. What should I know about a home built in 1930?
Older homes often have plaster walls, fir or hardwood floors, and simpler framing. Heating, electrical, and plumbing systems may be original or partially updated. The year-built ranking shows this is on par with many homes in Weston (median 1937), so the neighbourhood context is consistent. A thorough inspection is advisable, especially for the foundation, roof, and mechanicals.
4. How does the lot size compare?
The land area of 3,433 sqft is slightly above average for both the street (3,219 sqft) and the neighbourhood (3,269 sqft). Citywide, it falls well short of the 6,570 sqft average, but that is typical for older, closer-in neighbourhoods where lots are smaller and more uniform. This lot is a practical size for a single detached home with a yard.
5. What kind of neighbourhood is Weston?
Weston is an older, established area with a mix of pre-war and mid-century homes. It is generally considered stable and family-oriented, with reasonable access to downtown Winnipeg. Homes here tend to be modestly priced compared to newer suburbs, which can mean more value per dollar for buyers willing to take on an older property. The neighbourhood rankings for this home are solidly in the middle tier, not the top or bottom.