1439 Lincoln Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a compact, older home in Winnipeg’s Weston neighbourhood. The living area is 814 square feet—slightly below the street and neighbourhood averages, and well below the citywide average of 1,342 square feet. The property sits on a 3,434-square-foot lot, which is a bit larger than the local norm (3,219 square feet on the street, 3,269 in the neighbourhood), but still modest by city standards. Built in 1929, it’s an older structure, even for Weston, where the typical home dates to the late 1930s.
The assessed value is $188,000, essentially in line with nearby properties but far below the citywide average of $390,100. That gap reflects both the smaller home size and the neighbourhood’s lower price point.
Its appeal lies in affordability and relative value. For buyers priced out of many Winnipeg neighbourhoods, this home offers a chance to own a detached house on a standard lot in an established area. The lot itself is slightly generous compared to immediate neighbours, which might appeal to someone who wants a modest yard without a huge maintenance burden. It’s not a home that will impress with square footage or modern finishes, but it’s a realistic entry point for first-time buyers, tradespeople looking for a fixer-upper, or investors targeting the lower end of the rental market.
Who it suits: Budget-conscious first-time buyers who are willing to work with an older home and a smaller footprint. People who value location over size—Weston is close to downtown, major routes, and amenities. Renovators looking for a property where sweat equity could increase value, given the assessed value is already well below city norms. It’s less suited to families needing extra space or buyers seeking a turnkey, low-upkeep home.
Five Possible FAQs
1. How does the assessed value compare to similar homes in Weston?
The assessed value of $188,000 is slightly above the neighbourhood average of $184,700, and ranks in the top 40% locally. On the street itself, it ranks 53 out of 126 homes—right around the middle. So while it’s below average for the city, it’s a fairly typical value for the area, not a bargain or an overpriced outlier within Weston.
2. Why is the living area ranked lower citywide than on the street or in the neighbourhood?
Because the property comparisons change with scale. On Lincoln Avenue and in Weston, most homes are also older and modestly sized, so 814 square feet is close to the local median. Citywide, however, Winnipeg has many larger, newer homes (average 1,342 sqft), so this property falls in the bottom 10% of all city properties by living area. The ranking reflects how it stacks up against the entire city, not just its immediate area.
3. Is a 1929 home likely to have significant maintenance issues?
It depends on how well the home has been maintained, but any home from that era is well past its expected lifespan for major systems (roof, electrical, plumbing, foundation). The year-built ranking (top 55% on the street, top 83% citywide) shows it’s not unusually old for its neighbourhood—many nearby homes are similar—but it is older than most city properties. A thorough inspection is essential, especially for foundations, knob-and-tube wiring, and asbestos in insulation or flooring, which were common in homes of that vintage.
4. How does the land area affect usability compared to average city lots?
At 3,434 square feet, the lot is about average for Lincoln Avenue and slightly above the Weston average. But it’s roughly half the size of the typical Winnipeg lot (6,570 sqft citywide). That means you get a usable yard, likely enough for a small garden, a patio, and some outdoor storage, but not the generous side yards or deep backyards found in many newer subdivisions. For buyers used to suburban lots, it will feel tight.
5. What does “Top 42%” mean for assessed value on the street?
It means this property’s assessed value is higher than 58% of the homes on Lincoln Avenue, and lower than 42%. It’s a relative ranking within that group of 126 comparable properties. So it’s not a standout high or low value for the street—it’s very close to the middle. The bar fill shown on the original analysis visually represents how many peers this property outperforms in that category.