1496 Logan Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a modest 894 sqft home built in 1945, situated on a notably large 4,070 sqft lot in Winnipeg’s Weston area. The assessed value sits at $144,000, which is below average at every level—street, neighbourhood, and citywide. That low valuation is partly explained by the smaller living area and older construction, but it also means the property is priced well below city medians.
What stands out here is the land. At the neighbourhood level, the lot ranks in the top 22% by size, and even on the street it’s above typical. The house itself is roughly average for the area in terms of age and square footage, but the extra outdoor space is the real draw. That combination—an older, smaller home on a generous lot—often appeals to buyers who are willing to invest in renovations or who prioritize yard space over interior square footage.
This property would suit a few specific types of buyers: someone looking for a starter home with room to expand or improve, an investor seeking a lower-entry property in a working-class neighbourhood, or a buyer who values outdoor living and gardening more than a modern interior. It’s less suited for someone expecting a move-in-ready home with contemporary finishes or a central location near amenities.
Frequently Asked Questions
1. How does the assessed value compare to similar homes in the area?
The $144,000 assessment is well below the street average of $187,800 and the neighbourhood average of $184,700. Citywide, it ranks near the bottom (top 97%), which reflects both the home’s age and smaller footprint relative to Winnipeg’s newer, larger housing stock.
2. Is the lot size unusual for this part of Weston?
Yes, in a positive sense. At 4,070 sqft, it’s larger than the neighbourhood median of about 3,269 sqft, placing it in the top 22% locally. On the street, it’s still above average, though less dramatically. The lot is a key feature, especially if you compare it to newer subdivisions where lots are often smaller.
3. What does the “top 84%” ranking for living area citywide mean?
It means this home is smaller than roughly 84% of comparable properties across Winnipeg. The citywide average living area is 1,342 sqft, so at 894 sqft, this house is significantly more compact. That’s common for older homes in established neighbourhoods, but worth noting if you need space for a growing family.
4. How old is the house, and is that typical for the street?
Built in 1945, it’s about average for Logan Avenue, where many homes date from the late 1940s. It’s slightly newer than the broader Weston neighbourhood median of 1937, but older than the citywide average of 1966. The age suggests original construction details (plaster walls, smaller rooms, possibly knob-and-tube wiring) that may need updating.
5. What should a buyer look into before making an offer?
Given the 1945 build and below-average assessed value, a thorough home inspection is essential—especially for the foundation, electrical system, and plumbing. The larger lot also raises questions about drainage, fencing, and any easements. It may be worth checking if there are zoning restrictions or potential for a secondary suite, given the lot size. Also, confirm whether the assessed value aligns with recent sale prices on the street, as assessments can lag behind the market.