Here is a summary of 1403 Logan Avenue, written in a straightforward style suitable for a property listing.
Key Characteristics & Buyer Profile
This 1,300 sqft home, built in 1946 on a 4,293 sqft lot, stands out most clearly at the street and neighborhood level. On Logan Avenue, its living area ranks in the top 10%, and its lot size is in the top 14%, meaning you get noticeably more interior and outdoor space than most homes directly nearby. Within the Weston neighborhood, the property ranks even higher—top 8% for living area and top 9% for assessed value—suggesting it offers more square footage and higher tax-assessed worth than the surrounding housing stock. The assessed value of $261,000 is significantly above the street average of $187,800.
Citywide, the numbers are more average. The living area and lot size sit around the middle of the pack in Winnipeg, and the assessed value is below the city median. This is typical for an older, well-established home in a central-western neighborhood: it offers generous proportions for the immediate area without commanding a premium across the entire city.
The appeal lies in the balance of space and context. Buyers get a home that is large for its street and neighborhood, on a bigger-than-average lot, in an area where older homes (average build year around 1937–1949) are the norm. The property also has a strong relative assessed value locally, which can signal a solid baseline for financing or resale within the neighborhood.
This home would suit a buyer who values interior square footage and a sizable yard over a completely modernized or newer build. It fits someone looking for a fixer-upper with good bones, or a family wanting more room than what’s typical in Weston, without paying for a full citywide premium. The 1940s construction means the house has likely settled well but may require updates; a buyer comfortable with an older home’s character and maintenance needs would find it a good match.
Frequently Asked Questions
1. How does the assessed value relate to market price?
The assessed value of $261,000 is a government estimate based on comparable sales and property characteristics. It is not a direct asking price, but a useful benchmark. In Weston, this home’s value ranks well above the neighborhood average of $184,700, which suggests its market price may also sit higher than many nearby listings, though actual sale price depends on condition, upgrades, and current demand.
2. What does the “Top 10%” ranking mean practically?
On Logan Avenue, being in the top 10% for living area means the house has roughly 360 more square feet than the street average (938 sqft). Compared to immediate neighbors, you benefit from more usable interior space. The ranking is relative to similar homes within that specific scope, so it highlights a tangible size advantage at the local level.
3. Is the 1946 year built a concern?
Homes from this era typically have solid framing and good-quality older materials, but may need updates to electrical, plumbing, insulation, or windows. The land area is generous by local standards, which can make future additions or renovations more feasible. A home inspection focused on the foundation, roof age, and mechanical systems is strongly recommended.
4. How does the lot size affect usability?
At 4,293 sqft, the lot is larger than 86% of comparable homes on Logan Avenue and 84% within Weston. This provides more than a typical narrow city lot for a garden, shed, parking, or outdoor living. The citywide average lot is much larger (6,570 sqft), so this is not oversized for Winnipeg overall, but it is a clear advantage within the immediate neighborhood.
5. What type of buyer should skip this property?
Buyers seeking a turnkey, recently renovated home in a high-value citywide location would likely be better served elsewhere. The above-average local size and value come with the territory of an older house in a central, modestly-priced neighborhood. If a fully updated interior or a newer build is a priority, the citywide comparisons indicate this property may not deliver that result.