1390 Lincoln Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,225 sqft home built in 1945 on a 3,712 sqft lot, located in Winnipeg’s Weston neighbourhood. Its standout feature is living space: it ranks in the top 10% on its street and top 11% in the area, meaning it’s noticeably roomier than most nearby homes. The assessed value ($201,000) is above average for the street and neighbourhood, but well below citywide averages—suggesting you’re getting more square footage for your dollar than in newer or more central parts of Winnipeg.
The land area is generous compared to immediate neighbours (top 19% on the street), but modest citywide—typical for an older, established area where lots tend to be smaller than modern subdivisions.
Appeal: This property suits buyers who prioritize interior space over a large yard and are comfortable with an older home (1945) in a mature, established neighbourhood. It’s a good fit for someone who wants room to spread out without paying a premium for a new build or a big lot. The Weston area offers established streets, mature trees, and proximity to amenities, but won’t have the flash or rapid appreciation of hot new developments. This is a solid, functional home for a buyer who values square footage and a reasonable price point over prestige or land size.
Five Frequently Asked Questions
1. How does the assessed value compare to what I’d actually pay?
Assessed value ($201,000) is a rough guide, not a market price. It’s above the street average ($186k) and neighbourhood average ($184.7k), but well below the citywide average ($390k). This suggests the home is priced competitively for its size and age—you’re paying for livable space, not location hype. Actual sale prices can vary based on condition, upgrades, and market conditions.
2. Is a 1945 home likely to have major issues?
Older homes often have older systems (wiring, plumbing, foundation, roof). This property ranks in the top 19% for age on its street, meaning it’s not the oldest in the area. Still, a thorough inspection is essential—look for knob-and-tube wiring, cast iron pipes, asbestos, and foundation cracks. The upside: older builds often have better materials and craftsmanship than some modern construction.
3. Why is the lot size ‘above average’ locally but ‘below average’ citywide?
The lot (3,712 sqft) is generous for Lincoln Avenue (top 19%) and the Weston neighbourhood (top 33%). But citywide, Winnipeg includes many newer subdivisions and rural-style properties with much larger lots (city average is 6,570 sqft). Scope matters—you’re getting a good-sized lot for the area, but not a sprawling yard by city standards.
4. How does the ‘neighbourhood analysis’ map work?
The linked map compares this property to nearby homes on key metrics (year built, living area, assessed value, lot size). You can see how this house stacks up visually—helpful for understanding whether the rankings reflect real-world differences or statistical quirks. It’s a tool, not a guarantee—rankings are based on comparable homes, not all properties.
5. Is this a good investment property or more suited to an owner-occupant?
It leans toward owner-occupancy unless the rental market in Weston is strong. The above-average living space could attract families, but the older build and modest lot size may limit appeal for some renters. If you’re buying as an investment, focus on condition and rent comparables—the value here is in square footage, not land value or future subdivision potential.