1616 Logan Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,090 sq. ft. home built in 1945, sitting on a 3,972 sq. ft. lot in Winnipeg’s Weston neighbourhood. The living space is noticeably larger than most homes on the street (top 17%) and in the area (top 23%), giving it a roomier feel than typical post-war bungalows in the neighbourhood. The land is also above average locally, which is worth noting for yard space or possible future expansion.
The assessed value sits at $179,000—around average for Logan Avenue and Weston, but well below the citywide median. This reflects both the older age of the home (built mid-1940s) and the fact that the property hasn’t been recently renovated to match newer suburban builds. For a buyer, this means the price is anchored to the neighbourhood’s actual market, not inflated by citywide averages.
Who it suits: First-time buyers looking for more square footage than typical starter homes in the area, or buyers who value a larger lot and older construction (often solid wood frames, bigger rooms) over a turnkey finish. It could also appeal to someone willing to put in sweat equity—the lower assessed value suggests room for value growth with targeted updates. Not ideal for someone seeking a modern, move-in-ready home or who needs a central Winnipeg location; Weston is quieter, more established, and slightly farther from downtown.
Five FAQs
1. Is the older construction a drawback, or an advantage?
Homes from the 1940s often have thicker walls, old-growth lumber, and simpler layouts that are easier to renovate than newer cookie-cutter houses. However, expect knob-and-tube wiring, possible lead paint, and less insulation. A pre-purchase inspection is essential.
2. How does the property compare to others on Logan Avenue?
It’s larger inside than most (top 17%), has a slightly bigger lot (top 39%), and is priced around the street average. So you’re getting above-average space for a typical street-level price.
3. What does “assessed value” mean for my monthly costs?
The assessed value influences property taxes. At $179k, taxes should be modest relative to newer homes in the city. Keep in mind that assessments lag the market—if you buy at a higher price, taxes may rise gradually.
4. Why is the land area “below average” citywide but “above average” locally?
Citywide averages include many newer suburbs with large lots. In central neighbourhoods like Weston, land parcels are smaller and more consistent. Here, 3,972 sq. ft. is generous for the immediate area.
5. Is this home a good investment?
Possibly, if you’re comfortable with an older home in a stable, lower-priced neighbourhood. The larger living area and lot are assets that hold value better than smaller, same-price units. But resale will depend on how the area develops and how much updating you do.