2021 Gallagher Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a compact, older home in Winnipeg’s Weston neighbourhood with an 840 sqft living area on a 2,498 sqft lot. The house was built in 1906, making it one of the older properties both on its street and across the city. Its assessed value sits at $180,000, which is close to the street and neighbourhood averages but well below the citywide median of $390,100.
The appeal here is straightforward: this is an entry-level price point in a mature, established area. The home is smaller than most newer builds, and the lot is modest, but the assessed value ranks in the top half of the street and neighbourhood—meaning you’re not overpaying relative to what’s nearby. The numbers suggest a property that’s livable but likely needs updating, given its age.
Who it suits: First-time buyers with a realistic budget who value location over square footage. Also investors looking for a low-cost entry into a stable inner-city neighbourhood. It’s less suited to families needing more space or buyers seeking a modern, move-in-ready home with a large yard.
Five Possible FAQs
1. How does the property’s age compare to other homes in the area?
Older than most. The street average build year is 1942, the neighbourhood average is 1937, and the citywide average is 1966. This home is 36 years older than the typical house on its street, so expect original features—and potential maintenance needs tied to that era.
2. Is the assessed value a good deal relative to other homes?
Yes, in a local sense. The assessed value of $180,000 is close to the street average ($187,300) and neighbourhood average ($184,700). Citywide, it’s well below the $390,100 median, but that’s because Weston is a moderately priced area compared to newer suburbs. The value aligns with what similar homes in the area are assessed at.
3. What’s the lot size like for this property?
Below average for the street, neighbourhood, and city. The lot is 2,498 sqft, while the street average is 3,061 sqft and the citywide average is 6,570 sqft. It’s a compact, typical urban lot—enough for a small yard or garden, but not expansive.
4. How does the living space compare to other homes nearby?
Around average for the street and neighbourhood, but small by citywide standards. The 840 sqft is slightly less than the street average (994 sqft) and neighbourhood average (936 sqft). Citywide, the average living area is 1,342 sqft, so this home is nearly 40% smaller than the typical Winnipeg home.
5. What does the “rank” system mean in the property data?
Each rank compares this property to others within the same category (street, neighbourhood, or city). A higher rank percentage means you outperform more properties. For example, the living area ranks in the top 70% on the street—meaning 70% of homes on Gallagher Avenue are smaller. Rankings for land area and year built are lower, indicating this home is smaller and older than most peers in its category.