1447 Winnipeg Avenue W – Property Summary
Key Characteristics & Buyer Profile
This is a newer home in the Weston area of Winnipeg, built in 2020, which puts it in a different category from most surrounding properties. On its street, it ranks first for newer construction, and within the broader Weston neighbourhood it sits in the top 1% for year built. The living space is 1,461 square feet, which is above average for the immediate street (where most homes are around 1,121 sqft) and well above the neighbourhood average of 936 sqft. Against the city as a whole, however, it lands close to the median.
The assessed value of $341,000 is unusually high relative to the street and neighbourhood averages ($198,400 and $184,700 respectively), reflecting how much the newer construction and larger floor plan stand out in this area. At the city level, the assessed value falls slightly below the citywide average of $390,100, which is consistent with the home being in a more modestly priced pocket of Winnipeg.
Where this property falls short is land area. At 2,657 square feet, the lot is smaller than most on the street and much smaller than the typical citywide lot. Buyers looking for yard space or privacy between neighbours may find this limiting.
Appeal & Likely Buyers: This home suits someone who values a newer, move-in-ready house in an established neighbourhood where most homes are older. It would work well for a first-time buyer or a small family who wants contemporary finishes and efficient use of space without a large yard to maintain. Investors might also be interested, given the strong relative assessed value and the scarcity of new builds on this street. The trade-off is clear: you get a modern interior and lower upkeep, but you give up lot size and the character that comes with older homes.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The assessment is $341,000, ranking in the top 3% on the street and top 2% in the neighbourhood. That’s roughly 70% higher than the street average. Across the entire city, it falls near the middle—about 13% below the citywide average for comparable homes.
2. Is the land large enough for a garage or extension?
At 2,657 square feet, the lot is on the smaller side—94th percentile on the street (meaning most lots are larger). It would accommodate a modest detached garage, but any significant addition would likely require a variance or careful planning. It's worth checking local setback rules before assuming what’s possible.
3. Why is the year built such a strong point for this property?
Most homes on this street were built in the 1930s. This one was built in 2020, so it brings modern insulation, electrical, plumbing, and likely fewer immediate maintenance issues. It’s one of only a handful of new builds in the neighbourhood, which can be an advantage for insurance and energy efficiency.
4. How does the living area compare to the city average?
The home has 1,461 square feet, which is slightly above the citywide average of 1,342 sqft for comparable homes. But keep in mind that citywide averages include a wide range of housing types. Within Weston, this home is in the top 4% for living area, so it feels spacious relative to the immediate area.
5. Who would this property not suit?
It’s less suited for buyers who want a large yard, room for an RV or boat, or a quiet suburban lot with space between neighbours. It also may not appeal to someone looking for a fixer-upper at a lower entry price, since the assessed value already reflects the premium for newer construction.