Property Overview: 1855 Logan Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Brooklands stands out for its exceptional newness. Built in 2022, it is among the newest properties on its street and in the wider area, offering modern construction and minimal immediate maintenance concerns. With 1,031 sqft of living space, it provides above-average roominess for the immediate neighbourhood. A key feature is the renovated basement, adding functional space. The lot size is modest at 2,510 sqft, which translates to less yard upkeep.
The primary appeal lies in acquiring a like-new home in an established neighbourhood at a very accessible price point. Its assessed and recent sale values rank highly compared to nearby properties, which are typically much older, suggesting strong value retention for the area. This property would suit first-time homebuyers seeking a modern, low-maintenance footprint, or investors looking for a newer rental property with appealing fundamentals for the Brooklands market. A thoughtful perspective is that the modest lot size, while requiring less work, may limit expansion possibilities, making the home’s current layout particularly important for a buyer’s long-term fit.
Section 2: Frequently Asked Questions
1. Is the home in move-in condition?
Given it was built in 2022 and includes a renovated basement, the property is likely in excellent, modern condition with little to no urgent work required.
2. How does the property value compare?
Both its assessed value and last sale price are in the top tier for Brooklands and on Logan Avenue itself, indicating it is valued significantly higher than most older, comparable homes in the immediate vicinity.
3. What are the downsides of a smaller lot?
The 2,510 sqft lot is below average for the city and area. This means smaller outdoor space but also reduced maintenance. It’s a practical trade-off that prioritizes the building itself over land.
4. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or layout. This would be a key detail to clarify regarding room count, ceiling height, and permitted use.
5. Why is the citywide assessed value ranking only average?
While its value is elite for Brooklands, it ranks near the middle citywide. This reflects Winnipeg’s broad range of neighbourhoods and property values; it highlights that this home offers standout modern features for its specific and more affordable market segment.