1442 McDermot Avenue W – Property Summary
Key Characteristics & Buyer Profile
This is a 1946-built home with 977 square feet of living space on a 4,251-square-foot lot, assessed at $197,000. Its strongest feature is the land. The lot ranks in the top 29% on its street and top 18% in the Weston neighbourhood—well above average for the area. The house itself is modest in size, below the citywide average for living area, but the assessed value is also notably low relative to Winnipeg as a whole (bottom 8%). That combination—generous land paired with a more modest structure and low assessment—makes this property interesting for buyers who value yard space or lot potential over turnkey interior square footage.
The appeal is practical rather than flashy. It’s a solid older home in a neighbourhood where similar vintage properties are common, and the land offers room that many newer city lots don’t. This would suit a buyer looking for a starter home with outdoor space, someone willing to renovate or expand over time, or an investor interested in the land-to-value ratio. It’s less likely to appeal to someone seeking a move-in-ready, low-maintenance property in a newer part of the city.
Five Frequently Asked Questions
1. How does the living area compare to other homes in Weston?
It’s around average for the neighbourhood. At 977 sqft, it’s slightly larger than the Weston median of 936 sqft, ranking in the top 40% locally. Citywide it’s smaller than average, but that’s common for older inner-ring neighbourhoods.
2. Is the assessed value a good indicator of market price?
Assessed value ($197k) is a baseline used for property taxes, not a direct market price. It’s well below the citywide average of $390k, which partly reflects the smaller living area and older construction. A buyer should still get a realtor’s comparable market analysis—the large lot and neighbourhood demand can push actual sale prices above assessment.
3. What does the lot size actually mean for usable outdoor space?
At 4,251 sqft, this is roughly a 50-by-85-foot lot. That’s noticeably bigger than the Weston average of 3,269 sqft. It provides room for a sizable garden, a larger deck or patio, or possibly a future garage or addition—subject to zoning. Citywide, Winnipeg lots average much larger (6,570 sqft), but this is still generous for the immediate area.
4. Is the 1946 build a concern?
Homes from this era often have solid framing and good bones, but systems (electrical, plumbing, insulation) may be original or partially updated. The year-built ranks above average for Weston, where many homes date to the 1930s, so it’s actually newer than a lot of nearby properties. A home inspection is especially important here to assess the condition of the roof, foundation, and mechanicals.
5. How does this property fit into the broader Winnipeg market?
It’s a value play. The land ranks in the top 30% on the street, but the living area and assessed value rank much lower citywide. That mismatch suggests the property is priced more for its lot than its house. For buyers priced out of newer, larger homes, this represents a chance to own in a stable neighbourhood with room to grow—either by renovating the existing house or, if the lot permits, developing the property further.