1479 Winnipeg Avenue W – Property Summary
Key Characteristics & Buyer Suitability
This is a 1912 home with 1,836 square feet of living space on a 5,311-square-foot lot. The property stands out most for its land: it ranks in the top 3% for lot size within the Weston neighbourhood and top 7% on its street. The living area is also well above average for both the street (top 6%) and the neighbourhood (top 1%), though it falls slightly below the citywide average for comparable homes.
The assessed value—$226,000—is above average for both the street and the neighbourhood, but well below the citywide median of $390,100. This reflects the fact that the home is older (built in 1912, which puts it in the bottom 20% on the street and bottom 8% citywide) and likely in need of updates or renovation.
The appeal here is for buyers who value space—both indoor and outdoor—over a turnkey finish. The generous lot offers potential for expansion, landscaping, or even infill development, depending on zoning. It would suit someone willing to take on a project, whether that’s a major renovation, a rebuild, or simply patiently updating an older home over time. It’s less suited to someone looking for a move-in-ready property with modern systems and finishes, unless they have both budget and appetite for substantial work.
Frequently Asked Questions
1. How does the assessed value compare to similar homes, and what does that mean for property taxes?
The assessed value of $226,000 is above average for both the street ($198,400) and neighbourhood ($184,700), but well below the citywide average for comparable homes ($390,100). Property taxes are based on this assessed value, so they should be lower than what you’d pay for a newer or renovated home in the city, but still slightly above the immediate neighbourhood average.
2. Is the lot large enough for a garage, laneway suite, or subdivision?
Yes. At 5,311 square feet, the lot is in the top 3% for the neighbourhood and top 7% for the street. While this doesn’t guarantee what’s possible without checking zoning and setbacks, the size is well above the neighbourhood average of 3,269 square feet, which gives more flexibility than most properties in the area for additions or secondary structures.
3. What does “ranked in the top 1% at the neighbourhood level” actually mean for living area?
It means the home has significantly more square footage than nearly all other properties in Weston. The neighbourhood average living area is 936 square feet; this home is nearly double that. That kind of space is uncommon in the area, so if interior square footage is a priority, this property offers something most others nearby don’t.
4. The home was built in 1912—what are the common issues with houses this age?
Typical concerns include outdated electrical (knob-and-tube wiring), aging plumbing (cast iron or galvanized pipes), foundation settlement, lead paint, and limited insulation. The upside is that older homes often have solid framing, higher ceilings, and character details that are expensive to replicate today. A thorough inspection is essential, and buyers should budget for both known upgrades and unexpected surprises.
5. Why is the citywide ranking for assessed value so low (top 88%) when the street and neighbourhood rankings are above average?
The property is in a lower-cost area of the city. While it’s valued above most homes on its street and in Weston, the citywide average for comparable homes ($390,100) is much higher because it includes more expensive neighbourhoods. This doesn’t mean the home is undesirable—it means you’re getting a larger-than-average property in a more affordable pocket of Winnipeg.