Property Overview: 1826 Logan Avenue, Brooklands, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1947 on a 2,365 sqft lot. Its key characteristics are defined by its modest scale and value. The living space is notably small at 540 sqft, placing it among the smallest homes in its immediate area, neighborhood, and citywide. It features a basement that exists but is not renovated, and there is no garage or pool.
The primary appeal lies in its land and its position as an entry-point property. The lot, while below average for the area, still represents a traditional residential parcel in a mature neighborhood. The home’s very low assessed value and recent sale price reflect its as-is condition, presenting it as a clear candidate for a full renovation, a potential hold for future land value, or a knockdown and rebuild project. It suits buyers looking for a low-cost entry into the Winnipeg market, such as investors, renovators seeking a blank canvas, or those with plans for new construction who prioritize lot location over existing structures. A less obvious perspective is that its older construction date (1947) is actually above average for its specific street, suggesting it is among the more established homes on the block, which may appeal to those interested in the character of older builds.
Frequently Asked Questions
1. What does "below average" for living area really mean?
The home’s 540 sqft of living area places it in the bottom 1-2% compared to similar properties on its street, in Brooklands, and across Winnipeg. This confirms it is a very compact dwelling.
2. Is the basement usable?
The listing states "Yes, not renovated." This indicates the basement exists but is in original or unfinished condition, requiring work to be considered livable space.
3. Who might this property be best suited for?
It is best suited for value-focused buyers, including renovators looking for a project, investors considering a hold for land value, or builders evaluating the lot for potential redevelopment.
4. How does the lot size compare?
At 2,365 sqft, the lot is smaller than most comparable properties on Logan Avenue and in Brooklands, but it is a standard city lot for the area. Its size is typical for infill development.
5. Why is the assessed value so much lower than the citywide average?
The assessed value of $11,800 is a municipal assessment for tax purposes, heavily influenced by the home’s very small size, age, and unrenovated condition compared to the average Winnipeg home. It reflects the property's current state, not necessarily its market potential.