1202 Logan Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a compact, older home in Winnipeg’s Weston neighbourhood, built in 1945 with 600 square feet of living space on a 3,903 sqft lot. Its assessed value is $121,000. The standout feature is the land: the lot is above average for the neighbourhood (top 27%) and sits right at the street median. Everything else—living area, assessed value, year built—ranks well below citywide averages, though the home is fairly typical for its immediate street and area in terms of age and lot size.
The appeal here is straightforward: it’s an entry-level property on a good-sized lot in a mature, established part of the city. It would suit a first-time buyer looking for affordability without moving to a distant suburb, or someone interested in a renovation project where the land holds more long-term value than the current structure. It’s also a potential candidate for a small-scale investor or someone who values a low purchase price and a manageable footprint. The home is not for someone seeking move-in-ready space or modern finishes—it’s a blank canvas or a land play.
Frequently Asked Questions
1. How does the living area compare to other homes nearby?
At 600 sqft, it’s well below the average for the street (938 sqft) and neighbourhood (936 sqft). It ranks in the bottom 1% citywide for living space. This is a small home, even by local standards.
2. Is the assessed value in line with the neighbourhood?
No—the assessed value of $121,000 is significantly below the neighbourhood average of $184,700 and the street average of $187,800. It’s one of the lowest-valued properties in the area, which reflects its small size and age.
3. What’s the lot size, and is that unusual?
The lot is 3,903 sqft, which is slightly above the street average (3,664 sqft) and well above the neighbourhood average (3,269 sqft). It’s in the top quarter of lots for Weston. The land is the property’s strongest asset relative to its peers.
4. How old is the house, and does that matter?
Built in 1945, it’s older than the citywide average (1966) but right around the median for its street and neighbourhood. It’s not unusually old for Weston—many surrounding homes are from the 1930s and 1940s. Age will matter for maintenance and systems, but not for resale context.
5. Who typically buys a property like this?
First-time buyers priced out of newer or larger homes, renovators looking for a cost-effective entry point with land value, or investors who see potential in a small, low-cost asset in a stable central neighbourhood. It’s not a conventional family home, but it offers flexibility at a low price point.