1459 Lincoln Avenue – Property Summary
Property Overview
This 814 sqft home, built in 1929, sits on a 3,432 sqft lot in the Weston neighbourhood of Winnipeg. Its appeal lies in consistency: across living area, assessed value, year built, and land area, the property ranks near the middle or slightly above average on its street and within the neighbourhood. The assessed value of $186,000 aligns closely with local averages, making it a straightforward, no-surprises entry into an established area. The land-to-building ratio is generous for the home’s size, which may appeal to buyers interested in future expansion or outdoor space. Citywide, however, the property falls well below average in both living area and land size, reflecting the older, compact housing stock typical of this part of the city. This home suits buyers looking for a modest, affordable property in a mature neighbourhood—particularly first-time buyers or those who value location and lot potential over square footage. It does not offer turnkey modern finishes or space for a growing family, but it avoids being overpriced relative to its immediate neighbours.
Frequently Asked Questions
1. How does the assessed value compare to similar homes in the area?
The assessed value of $186,000 is almost exactly average for both Lincoln Avenue and the broader Weston neighbourhood (average around $185,000–$186,000). Citywide, it sits well below the average of $390,000, which reflects this property’s location in a more affordable part of Winnipeg.
2. Is the house small compared to other homes in Winnipeg?
Yes. At 814 sqft, it ranks in the bottom 10% citywide. But on its own street and within Weston, it is close to the local average (859 sqft and 936 sqft, respectively). This means the home is typical for its immediate surroundings, not unusually cramped.
3. What does the year built (1929) mean for maintenance or renovations?
Homes from this era often have solid construction but may need updates to electrical, plumbing, insulation, or windows. The property is older than 83% of homes citywide, so a thorough inspection is wise. However, neighbours’ homes are similarly aged (average 1936–1937), so this is not an outlier in the area.
4. How does the lot size affect the property’s potential?
The 3,432 sqft lot is above average for the street and neighbourhood (3,219 sqft and 3,269 sqft, respectively), ranking in the top 40% locally. This gives more outdoor space than many nearby homes and could accommodate a garage, garden, or future addition—though any changes would need to comply with zoning and setback rules.
5. What would this property be best suited for?
A buyer who wants an affordable home in a settled neighbourhood, doesn’t need a large interior, and values a decent-sized lot. It could work as a starter home, a downsizing option, or a property with room to improve over time. It is less suited for someone seeking a modern, move-in-ready home or a large family.