1444 Lincoln Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a compact, older home in Winnipeg’s Weston neighbourhood, built in 1928 with 504 square feet of living space on a 2,473-square-foot lot. Its assessed value is $158,000.
The property’s main appeal is affordability. It ranks in the bottom quartile for living area on its own street and in the bottom 5–15% citywide. The lot is also smaller than average for the area. This isn’t a home that competes on size or modern finishes—its value is in its price point and the fact that it sits in a well-established, older neighbourhood with mature infrastructure.
This property would suit a first-time buyer looking for a low-cost entry into homeownership, someone willing to renovate or add square footage, or an investor seeking a small rental or flip in a working-class area. It may also appeal to buyers who prioritize location over space, or who want a smaller home for lower utility and maintenance costs. The below-average assessment relative to the citywide average ($390,000) suggests it’s priced far below typical Winnipeg homes, which could mean less competition in offers—but also implies limited upside without major improvements.
Five Possible FAQs
1. Is the living area of 504 sqft unusually small?
Yes, relative to both the street and city averages. On Lincoln Avenue, the typical home is around 859 sqft, and citywide the average for comparable properties is 1,342 sqft. This unit is about 40% of the citywide average. It’s a compact space that would suit a single person, a couple, or someone prioritizing low footprint living over elbow room.
2. Why is the assessed value so low compared to the city average?
The assessed value of $158,000 reflects the home’s smaller size and older construction. While the house is around average for the neighbourhood in age (built 1928, with the Weston average being 1937), the citywide assessment average is $390,000, largely driven by larger, newer homes in higher-demand areas. The property is priced to match its modest square footage and lot, not inflated by recent market exuberance.
3. What’s the lot really like at 2,473 sqft?
It’s on the smaller side for the area. The average lot on the street is 3,219 sqft, and the Weston neighbourhood average is 3,269 sqft. Citywide, lots are often over 6,000 sqft. This means less yard maintenance but also less room for expansion, outdoor living, or parking. If you plan to add square footage, check zoning and setback rules carefully.
4. How does the year built (1928) affect maintenance or renovation?
It’s older than most homes in Weston (where the average is 1937) and significantly older than the citywide average of 1966. Expect original construction details like plaster walls, lead paint (likely), and old wiring or plumbing unless updated. The roof, foundation, and insulation should be inspected closely. Renovations may uncover surprises, but the age also means solid framing and often good bones if maintained.
5. What does “Top 100%” mean in the ranking data?
It means the property falls in the bottom tier for that metric. For example, “Top 100%” for living area citywide means it’s at the very bottom of the ranking—essentially the smallest 0.05% of homes in Winnipeg. The rankings compare it to all comparable homes in that scope, so below-average is normal here. The bar fill colour (red/blue/amber/gray) shows how much of the peer group it outperforms; red usually indicates poor performance relative to peers. This isn’t a negative judgment—it simply reflects the home’s size and value position within the market.