Property Overview: 1833 Logan Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home in Brooklands presents a distinct profile. Built in 2013, it is a notably modern property compared to its surroundings, ranking newer than over 80% of homes in both the immediate area and citywide. Its 1,292 sqft living space is comfortably above average for the neighbourhood, offering more interior room than most nearby homes. The property sits on a 2,511 sqft lot, which is more compact than area averages, suggesting a lower-maintenance yard. A key feature is the detached garage. The home’s assessed value positions it well above average for its street and neighbourhood, but around the middle range for Winnipeg as a whole.
The appeal lies in its modern construction within an established area, offering move-in readiness and potentially lower immediate maintenance compared to older homes. It suits first-time buyers or small families seeking a newer, spacious interior without the burden of a large yard. The compact lot could also attract investors or buyers looking for a rental property with modern amenities. A thoughtful perspective is that this property represents a "best-in-class" option for its specific locale—it outperforms most direct neighbours on key metrics like age and size, which may appeal to buyers wanting a quality home in this price segment without moving to a newer subdivision.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is present but not renovated, offering potential for future expansion or storage as-is.
2. How does the lot size impact the property?
At 2,511 sqft, the lot is smaller than many in Brooklands. This means less outdoor maintenance, but also limited space for expansions, large gardens, or extensive outdoor recreation.
3. The home sold for $33,500 in 2022, but is now assessed at $320,000. Why the large difference?
The 2022 sale price is exceptionally low and not reflective of current market value. Such a sale often indicates a non-arms-length transaction (like between family members) or a sale with specific conditions. The current assessed value is the relevant figure for today’s market valuation.
4. What does it mean that the home ranks "above average" for the neighbourhood but "around average" citywide?
This highlights the character of Brooklands, which generally features older, smaller, and lower-valued homes. This property stands out positively within the neighbourhood context but is more typical when compared to the entire Winnipeg market.
5. Who might this property not suit?
It may not suit buyers seeking a large, traditional yard or those who prefer a home with character from older renovations. The compact lot and modern build are departures from the more common vintage of homes in the area.