1464 Logan Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a smaller, older home on a notably large lot in Winnipeg’s Weston neighbourhood. The living area is 744 square feet, which ranks below average at every level—street, neighbourhood, and citywide. The house was built in 1945, making it older than most homes citywide but roughly typical for its immediate street and area. The standout feature is the land: 4,072 square feet, well above average for both the street (where the average lot is 3,664 sqft) and the neighbourhood (3,269 sqft). The assessed value is $141,000, which is below average locally and sits in the bottom 2% citywide.
The appeal here is land value and potential, not the house itself. For a buyer who values outdoor space, gardening, or future expansion possibilities, the lot offers something most homes in this price range do not. The house is modest and likely needs updates, but the land-to-price ratio is unusually favourable. This property would suit a first-time buyer looking for a foothold in a lower-cost market, a renovator willing to invest sweat equity, or someone who prioritises yard space over square footage. It is less suited to anyone seeking a move-in-ready home or a typical suburban floor plan.
Five Frequently Asked Questions
1. How does the property’s size compare to others in Weston?
The house itself is smaller than the neighbourhood average (744 sqft vs. 936 sqft), but the lot is significantly larger (4,072 sqft vs. 3,269 sqft). The home ranks in the bottom third for living area locally but the top quarter for land.
2. Is the assessed value in line with the market?
The assessed value of $141,000 is below the street average ($187,800) and neighbourhood average ($184,700). This likely reflects the smaller living area and older construction. Whether this matches the sale price depends on how much a buyer values the oversized lot.
3. What condition is the house in?
The data only covers the year built (1945). No condition or renovation history is provided. Given its age and below-average assessed value, a home inspection and walkthrough are strongly recommended to understand the state of the foundation, electrical, plumbing, and roof.
4. What are the pros and cons of the lot size?
The land is a major asset—more space for gardening, sheds, parking, or future additions. But it also means more yard maintenance, and in some cases, a larger lot can come with higher property taxes or zoning limitations. Buyers should check local bylaws before planning any major changes.
5. How does the property stack up citywide?
Citywide, the home ranks in the bottom 6% for living area (top 94% percentile), bottom 2% for assessed value, and bottom 27% for land area. It is exceptionally affordable by Winnipeg standards, but the trade-off is a smaller, older house on a lot that is still modest relative to the city average of 6,570 sqft.