1425 Lincoln Avenue – Property Summary
Key Characteristics & Buyer Profile
This property is a 1,080 sqft home built in 1950, sitting on a 3,502 sqft lot. Its strongest feature is value-conscious sizing: the living area ranks in the top 19% on the street and top 23% in the neighbourhood, offering more interior space than most nearby homes without reaching the oversized, harder-to-maintain footprint typical of newer builds. The assessed value of $213,000 is above the street and neighbourhood averages, but well below the citywide median of $390,100—meaning it carries a relatively low tax burden compared to many Winnipeg properties of similar age and size.
The appeal lies in a combination of generous room dimensions for the price point, a solid older-era construction year (1950), and a lot that's slightly larger than surrounding homes but still modest enough for manageable upkeep. The land is below citywide average (land area ranks in the bottom 19% citywide), so this isn't a property for someone seeking a large yard or future subdivision potential.
This suits a buyer who values interior space over land, wants a home with established character from the mid-century era, and prefers a lower assessed value—and thus lower property taxes—relative to comparable homes in other parts of the city. It would be less suitable for families needing a big lot, or for investors looking for land appreciation. First-time buyers and renovators looking for a structurally sound shell with room to customize may find it particularly compelling.
Five Possible FAQs
1. Why is the assessed value so low compared to other homes citywide?
The assessed value reflects the home's age, location in the Weston neighbourhood, and land size—the lot is 3,502 sqft versus the citywide average of 6,570 sqft. While the home has above-average living area for its street, the combination of older construction (1950) and a compact lot keeps the assessed value well below typical newer suburban homes in Winnipeg.
2. Is the living area actually larger than most homes nearby?
Yes. At 1,080 sqft, it's above the street average of 859 sqft and the neighbourhood average of 936 sqft. It ranks in the top 19% on Lincoln Avenue and top 23% in Weston. However, it's smaller than the citywide average of 1,342 sqft, so "spacious" is relative to the immediate area, not the city as a whole.
3. What does an older build year mean practically?
A 1950 home typically means solid framing, often with hardwood floors and good quality lumber, but it also means older insulation, electrical, plumbing, and windows are likely original or near-original. You'll want to budget for updates, but the structure itself is usually sound if maintained. The property ranks in the top 12% by age on this street, meaning it's newer than most homes in the immediate area.
4. How difficult is it to maintain a lot of this size?
Fairly straightforward. At 3,502 sqft, it's above the street and neighbourhood averages but still small enough to maintain with a standard push mower. It's not a zero-maintenance yard, but neither is it the kind of lot that requires a riding mower or landscaping crew. Good for someone who wants outdoor space without the workload of a large suburban property.
5. What's the neighbourhood like in terms of comparable homes?
Weston is an older, established area with a mix of mid-century bungalows and post-war houses, many similar in age and scale to this one. The neighbourhood median year built is 1937, so this home is actually on the newer side locally. Assessed values in Weston cluster around $185,000, making this property slightly above the neighbourhood typical value—suggesting it's likely in better condition or slightly larger than many neighbours.