1471 Logan Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 700 sqft home built in 1945 on a 3,882 sqft lot, located on Logan Avenue in Winnipeg’s Weston neighbourhood. Its assessed value is $140,000.
The property’s main appeal is its land. While the house itself is small—well below the citywide average of 1,342 sqft—the lot is notably larger than most in the immediate area. At the neighbourhood level, this lot ranks in the top 30%, meaning the outdoor space is a genuine asset. The house is older, but in Weston and on Logan Avenue, it’s actually fairly consistent with the age of neighbouring homes. Financially, the assessed value is low compared to the city at large, but it’s also below the street and neighbourhood averages, suggesting this property sits at a more accessible price point within its immediate market.
This property would suit a buyer who values outdoor space over interior square footage—someone willing to work with a compact, older home in exchange for a larger yard. It could also appeal to an investor or renovator looking for a property with good land value in a working-class neighbourhood. It is less suited for someone seeking a move-in-ready home with generous living space or for those who prioritize a newer build.
Frequently Asked Questions
1. Is the assessed value of $140,000 low for the area?
Yes, relative to other homes on Logan Avenue and in Weston. The average assessed value on the street is about $187,800, and the neighbourhood average is $184,700. City-wide, the average is much higher at $390,100, but that includes many more expensive neighbourhoods. The property is priced below its immediate peers, which is worth understanding when comparing to listing prices.
2. The living area is 700 sqft—how does that compare?
It's below average at every level. On Logan Avenue, the typical comparable home is around 938 sqft. In Weston, it's 936 sqft. City-wide, it's 1,342 sqft. This places the property in the bottom 20–25% locally and the bottom 5% city-wide. It is a genuinely small house.
3. What is the condition of a 1945 home like this?
The data provided only covers age, not condition. A 1945 build could mean solid older construction with good bones, or it could need significant updates in plumbing, electrical, or insulation. A thorough inspection is essential, as the age alone doesn't tell you whether the property has been maintained or updated.
4. How big is the lot compared to other properties?
The lot is 3,882 sqft. This is slightly above the street average (3,664 sqft) and well above the neighbourhood average (3,269 sqft). It’s below the city-wide average (6,570 sqft), which is skewed by suburban lots. Within Weston, this is a larger-than-typical lot, which is the property's standout feature.
5. Who typically buys a property like this in Weston?
Buyers in this area often include first-time homeowners looking for an affordable entry point, investors targeting rental properties with land potential, or long-term residents who value the neighbourhood's older character and proximity to downtown. The larger lot might also appeal to someone interested in gardening, parking multiple vehicles, or future expansion options—pending zoning approvals.