1190 Logan Avenue – Property Summary
Key Characteristics & Buyer Profile
This 700 sqft home, built in 1945, sits on a notably large 3,902 sqft lot in Winnipeg’s Weston neighbourhood. Its living area is below average at every level—street, neighbourhood, and citywide—ranking in the bottom 4% city-wide for size. The assessed value of $162,000 is around average on the street and in the neighbourhood, but well below the citywide median of $390,100. The land area is the property’s standout feature: above average within Weston (top 28%) and well above typical lots in the immediate area.
The appeal here lies in the land-to-living-space ratio. Buyers are essentially paying for a generous lot with a modest house on it, not for square footage or a recently built home (the property is older than 78% of homes citywide). This would suit someone looking for a fixer-upper, a downsizer who values outdoor space over interior size, or an investor eyeing redevelopment potential in a neighbourhood where land values are relatively modest. It is less suited to buyers seeking move-in-ready space or a home that compares well in size to citywide averages.
Frequently Asked Questions
1. Why is the living area ranked so low citywide but the assessed value only around average?
The home’s 700 sqft is far smaller than the typical Winnipeg home (1,342 sqft), but its assessed value holds up because the land is larger than average. In older neighbourhoods like Weston, the value is often more in the lot than the structure, which explains why the dollar figure isn’t as low as the size ranking might suggest.
2. What does “top 28%” for land area in the neighbourhood actually mean?
It means that only about 28% of comparable homes in Weston have larger lots than this one. For context, the neighbourhood average land area is 3,269 sqft, so this property’s 3,902 sqft gives it a meaningful edge—though it’s still well below the citywide average of 6,570 sqft, which is pulled up by newer subdivisions.
3. How old is the house, and does that affect its condition or insurability?
The house was built in 1945, making it roughly 80 years old. It’s older than most homes citywide (top 78% for age), but not unusual for Weston, where many homes date to the 1930s–1950s. Older homes can come with knob-and-tube wiring, lead paint, or foundation concerns, but they also often have solid framing and mature trees. Older homes can sometimes be harder to insure for full replacement cost, so it’s worth checking with providers.
4. Is this property a good candidate for a tear-down or addition?
The large lot relative to the house makes it viable for either. The land area ranks well within the neighbourhood, and the modest assessed value suggests you’re not paying a premium for the existing structure. That said, the citywide ranking on land is only average, so it’s not an exceptionally large lot by Winnipeg standards—just large for its immediate area. Zoning and setback rules would determine how much you could actually expand or rebuild.
5. How does the property compare to others currently for sale in Weston?
This property’s living area is smaller than about 78% of homes in the area, but its lot is larger than about 72% of them. The assessed value is mid-range for the street and neighbourhood. So it offers more outdoor space for the money than most nearby listings, at the cost of interior square footage. If you’re comparing homes on Logan Avenue specifically, this one ranks in the top half for value but bottom quarter for size.