1857 Logan Avenue

Property Overview: 1857 Logan Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Brooklands presents a compelling mix of modern convenience and strategic value. Its standout feature is its age: built in 2022, it is among the newest homes on its street and in the wider neighbourhood, ranking in the top 1-3%. This translates to modern building standards, energy efficiency, and minimal immediate maintenance concerns. The living space (1,031 sqft) is comfortably above average for the immediate area, and the home benefits from a renovated basement.

The appeal lies in its data-backed value proposition. While the lot size is modest for the city, it is typical for Brooklands, keeping property taxes relatively grounded. The home’s assessed value is elite for its local context, yet its recent sale price positions it as above-average city-wide, suggesting it is a premium property within a more affordable neighbourhood. This suits buyers seeking a modern, move-in-ready home without a premium suburban price tag. It’s ideal for first-time homeowners, small families, or downsizers who prioritize new construction quality and low upkeep, and who see the value in investing in one of the newest properties in an established, no-frills community.

A less obvious perspective is the potential for long-term stability. As one of the few recent builds on the block, it may age more gracefully than its neighbours, possibly preserving value differently. The significant jump in sale price from 2022 to 2025 also indicates strong perceived value growth in a short time, worthy of investigation.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A buyer should inquire about the quality of the renovation, whether it includes a legal secondary suite or additional bedrooms, and if proper permits were obtained.

2. With no garage, what are the parking options?
The property has no garage. Buyers should verify the driveway capacity and on-street parking regulations with the city to ensure it meets their needs, especially during Winnipeg winters.

3. The home sold for $540k in 2025, but the assessed value is much lower. Why?
Municipal assessed value for tax purposes often lags behind market value, especially for very new homes. The sale price is the current market indicator. The high assessment relative to older neighbours, however, confirms it is viewed as a top-tier property in the area.

4. How does the modest lot size impact the property?
At 2,510 sqft, the lot is below the city average but standard for Brooklands. This typically means less outdoor maintenance and a smaller yard. The trade-off is a newer, larger interior living space on a more affordable land base.

5. The home is very new. Are there any builder warranties still in effect?
Built in 2022, it is likely that some original new-home warranties (e.g., on major systems) may still be transferable. Requesting documentation from the seller on any remaining warranty coverage is a crucial due diligence step.