286 Blake Street – Property Summary
Key Characteristics and Buyer Profile
This is a brand-new home built in 2025, which puts it in an elite position city-wide—ranked #1 out of nearly 200,000 properties for newness. Its assessed value of $288,000 is strong for the street and neighbourhood, coming in at #1 on Blake Street and within the top 5% of the Weston area. However, the living area is 844 square feet, which is slightly below the city average but right around the norm for this street and neighbourhood. The land is a modest 2,626 square feet, also below city-wide averages but typical for the immediate area.
The appeal here is less about space and more about condition and relative value. This is a newer home in an older neighbourhood, which means lower immediate maintenance costs and modern construction standards, paired with a price that undercuts much of the city's newer stock. It’s a trade-off: you get a fresh build but a smaller footprint and lot, in an area where many homes are older and larger.
This property suits buyers who prioritize a move-in-ready home with low upkeep over square footage. First-time buyers looking to avoid major renovations, or investors seeking a newer asset in an established neighbourhood with strong assessed value relative to its peers, would find this a practical fit. It’s less suited for families needing extensive indoor or outdoor space, or for those expecting city-wide average lot sizes.
Frequently Asked Questions
1. Why is the assessed value high for the street and neighbourhood but below average city-wide?
The home is brand new, which lifts its value well above older homes on the same street and in Weston. But assessed values city-wide include much larger homes in pricier areas, so it still falls below the overall Winnipeg average. This is common for newer infill builds in older, more affordable neighbourhoods.
2. Is a living area of 844 square feet too small for resale later?
It depends on the market. In Weston, this size is typical—close to the neighbourhood average of 936 square feet. Resale will likely hinge on the home’s condition and location rather than its footprint. Buyers who want more space will self-select out, but those who value a newer build over size will remain interested.
3. How does the land size compare to typical new builds in the city?
The lot is smaller than many suburban new builds, which often have larger yards. But it’s consistent with what’s available on Blake Street and in Weston, where lots average around 3,000 square feet. This is a characteristic of older, more established areas rather than a drawback.
4. What does being ranked #1 for year built actually mean in practical terms?
It means this is the newest home in the city, likely with modern insulation, wiring, plumbing, and windows. You won’t have to worry about knob-and-tube wiring, lead pipes, or outdated framing. It also means the home is probably more energy-efficient than most of its neighbours.
5. Would this property be a good candidate for a short-term rental or Airbnb?
Potentially, but not automatically. The smaller size and older neighbourhood location might appeal to budget-conscious travellers or workers on temporary assignments. However, Winnipeg’s short-term rental regulations and demand in Weston would need to be checked. The newness and low maintenance could make it easier to manage than a century home.