1367 Winnipeg Avenue W

1367 Winnipeg Avenue W – Property Summary

Key Characteristics & Buyer Fit

This is a compact bungalow from 1961 with 760 square feet of living space on a 2,658-square-foot lot. What stands out is the property’s age relative to its surroundings: built in 1961, it’s newer than 94% of homes on the same street and 89% of homes in the Weston neighbourhood, where the average home dates back to the 1930s. The assessed value sits at $214,000—slightly above the street and neighbourhood averages, but well below the citywide median of $390,100. The living area is about one-third smaller than the street average, and the lot is similarly compact for the area.

The appeal here is less about space and more about condition and location within an older, established part of the city. A buyer gets a mid-century home on a modest lot in a neighbourhood where most homes are older and larger, often on bigger parcels. This could mean lower maintenance expectations than a century home, but also less room to expand. The property would suit a first-time buyer looking for something functional and affordable in Weston, or an investor targeting a lower-entry point in a stable area. It’s less ideal for someone who wants a large yard or significant square footage without renovation.

Five Possible FAQs

1. How does the property’s size compare to typical homes in the area?
The living area is below average both on the street and citywide, but sits close to the neighbourhood average. The lot is on the smaller side for the street and city, though it’s typical for Weston itself.

2. Why is the assessed value above the neighbourhood average but below the citywide average?
The Weston neighbourhood has a lower median assessed value than much of Winnipeg, so $214,000 is above the local norm. Citywide, the median is much higher, partly because of larger homes and more expensive districts.

3. What does the “Top 6%” for year built actually mean?
It means only 6% of homes on the street are newer than this one—so the property is among the newest on its block by a wide margin, even though it was built in 1961. This can be relevant for structural condition and renovation history.

4. Is the lot size a concern for future additions or a garage?
At 2,658 square feet, the lot is relatively small. Expanding the footprint or adding a detached garage would likely need careful planning and may not be feasible without variances. It’s more suited to maintaining the existing layout.

5. What does the “ranking” system in the data actually show?
It compares this property to other homes in the same category (street, neighbourhood, city). A higher rank means the property outperforms more peers in that metric. The bar fill shows roughly what percentage of comparable homes it beats. The “avg” is a rough median for that group.