1226 Logan Avenue – Property Summary
1. Key Characteristics & Buyer Profile
This is a 980-square-foot home built in 1945, sitting on a 4,194-square-foot lot. The standout feature is the lot size: on Logan Avenue, it ranks in the top 24%, and within the Weston neighbourhood, it’s in the top 19%. In a city where many lots are under 3,500 square feet, this one offers noticeably more outdoor space without the maintenance burden of a full acre.
The house itself is around average for the street and neighbourhood in terms of living area and age. Citywide, it’s smaller and older than the typical Winnipeg home, but that’s partly because this property sits in a more established part of the city. The assessed value of $167,000 is well below the citywide average of $390,000, and ranks in the top 95% citywide – meaning this is a genuinely affordable entry point.
Who it suits: First-time buyers looking for something solid in a central neighbourhood, or buyers who prioritize outdoor space (gardening, a workshop, room for kids or pets) over a bigger house. It could also suit someone who’s handy and wants to add value over time, since the structure could use updating. Because the street and neighbourhood values are average, there’s less risk of being overexposed to a local price bubble – but also less immediate upside if you’re flipping.
2. Frequently Asked Questions
1. What does “ranked #71 out of 219” on Logan Avenue actually mean?
It means that out of 219 comparable homes on this street, 70 have a larger living area and 148 have a smaller one. So this home is slightly above the middle of the pack for living space – not the biggest, not the smallest. The rankings use a median benchmark, so they’re a fair snapshot of where the property sits relative to neighbours.
2. Is “citywide: top 76% for living area” a bad thing?
Not necessarily. Because citywide data includes a huge range of housing (newer subdivisions, larger detached homes, etc.), a “below average” ranking simply reflects that this is a compact, older home in a central area. Many buyers actually prefer this – lower taxes, less space to heat, and a quieter footprint. It’s only a drawback if you need a 1,400+ sqft home.
3. Why is the land area ranking so much better than the living area ranking?
This is a common pattern in older, inner-city neighbourhoods where lots were originally larger than what you’d find in newer, denser developments. The house itself is modest, but the yard is generous. For some buyers, that’s a trade-off worth making – you get more useable outdoor space than a typical newer townhouse or small bungalow.
4. Should I be concerned that the assessed value ($167K) is far below the citywide average?
Not in itself. Assessed value tracks market value for tax purposes, and this property is in a part of Winnipeg where values are genuinely lower than the citywide average. That means lower property taxes. The flip side: resale value may also be more modest, and it may take longer to appreciate than a home in a fast-growing area. If you’re buying as a long-term home rather than an investment, this is fine.
5. What does “same area / Weston” mean in the rankings?
“Same area” refers to the broader neighbourhood (Weston), not just the immediate block. The rankings compare this home to other single-family or similar properties within that neighbourhood boundary. It’s a useful middle-ground metric – more specific than the whole city, but not as narrow as the street alone. It helps you see whether your property is typical for the area overall.