1610 Elgin Avenue W — Property Summary
Key Characteristics & Buyer Profile
This is a 1923-built home with 980 square feet of living space on a 3,384-square-foot lot. Its assessed value is $192,000. The property sits in the Weston neighbourhood of Winnipeg.
Where its appeal lies: The home performs well relative to its immediate surroundings. On Elgin Avenue, it ranks in the top 39% for assessed value and top 38% for land area. In the broader Weston area, it’s above average in both living space (top 38%) and value (top 37%). This suggests the property is a solid, mid-range option within its local market—not a standout citywide, but a reasonable fit for its street and neighbourhood. The lot is slightly smaller than the street average but larger than the neighbourhood average, which may appeal to someone who wants a manageable yard without the upkeep of a larger city lot.
What type of buyers it would suit: This property is likely a good match for first-time homebuyers or budget-conscious buyers who want to be in a well-established, older neighbourhood like Weston. It’s not a fixer-upper by the numbers (value is on par with neighbours), but the 1923 build year means older construction—so someone comfortable with or interested in a century home’s character and potential quirks would fit. Buyers seeking a turnkey modern finish or a large citywide investment property should probably look elsewhere.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
On Elgin Avenue, 980 sqft is slightly below the street average of 1,113 sqft, ranking in the top 58%. In the Weston neighbourhood, it’s above the average of 936 sqft and ranks in the top 38%. So it’s a little small for its specific street but typical or slightly generous for the wider area.
2. Is the assessed value of $192,000 reasonable for this property?
The value is in line with surrounding homes: ranked top 39% on the street (average $189.6k) and top 37% in Weston (average $184.7k). The property does not appear under- or over-assessed relative to its neighbours, though it’s well below the citywide average of $390k—reflecting the older, more modest housing stock in this part of Winnipeg.
3. The home was built in 1923. Should that be a concern?
That’s older than the street average (1932) and much older than the citywide average (1966). Ranking top 86% citywide means most Winnipeg homes are newer. This isn’t unusual for Weston, but buyers should budget for potential updates to systems (electrical, plumbing, insulation) and check for knob-and-tube wiring or lead pipes, which are common in homes of this era. The lot size is also a clue that this was likely a worker’s cottage, not a high-end build.
4. How does the land area of 3,384 sqft compare?
It’s slightly below the street average (3,608 sqft) but above the neighbourhood average (3,269 sqft). Citywide, 6,570 sqft is typical, so this lot is noticeably compact by Winnipeg standards. That’s not a drawback if you want less yard work, but it’s worth knowing if you plan to add a garage, suite, or large garden.
5. Would this property be a good investment?
The numbers suggest it’s a stable, modest home in a consistent market—not a high-appreciation area nor a distressed bargain. The assessed value is average for the street and neighbourhood, and the rankings don’t show any major undervaluation. A buyer looking for a cash-flow rental or a long-term hold in an established, affordable neighbourhood could do worse, but those hoping for quick equity gains or a flip may find limited upside without significant renovations.