1445 Lincoln Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 916 sqft home on a 3,434 sqft lot, built in 1946, with an assessed value of $224,000. The property’s strongest asset is its value relative to its immediate surroundings. On Lincoln Avenue, it ranks in the top 13% for assessed value and top 17% for year built, meaning it holds up well compared to neighbouring homes. The living area is slightly above the street average (859 sqft) and roughly in line with the broader Weston neighbourhood.
However, when compared citywide in Winnipeg, the home is below average in both size and land area. This isn’t necessarily a drawback—it reflects that this property belongs to an older, denser part of the city with smaller lots and more modest square footage. The land area (3,434 sqft) is typical for the street and neighbourhood, but notably smaller than the citywide average of 6,570 sqft.
Who it suits: Buyers who prioritize being in a well-established, older neighbourhood with stable or rising property values, rather than maximizing square footage or lot size. It would appeal to someone looking for a solid, modest home in a mature area—possibly a first-time buyer, a downsizer, or an investor attracted to the above-average street-level value. Someone seeking a large property or a newer build would likely look elsewhere.
Five Possible FAQs
1. How does this home compare to others on the same street?
It ranks well. For assessed value, it’s #17 out of 126 homes (top 13%), and for year built, it’s #21 (top 17%). Both are above average for Lincoln Avenue. Living area is also above average, though not as standout.
2. Is the 916 sqft living area considered small?
It depends on the comparison. On this street, it’s slightly above the average of 859 sqft. In the Weston neighbourhood, it’s close to the average of 936 sqft. Citywide, it’s well below the average of 1,342 sqft—but that’s typical for older, central neighbourhoods in Winnipeg.
3. Why is the land area only 3,434 sqft when the city average is much larger?
This is common for properties built in the mid-1940s in established neighbourhoods. Lots were smaller then, and infill development hasn’t changed that. The citywide average (6,570 sqft) includes newer suburban areas with much larger plots, so this isn’t a red flag—it’s a characteristic of the area.
4. Is the assessed value of $224,000 a good sign?
On the street and in the neighbourhood, yes—it ranks in the top 19% or better. That suggests the property is valued higher than many nearby homes. Citywide, it’s below average, which is expected given the smaller size and older construction compared to newer, larger homes elsewhere.
5. What does “Top 29%” for living area on the street actually mean?
It means that out of 126 comparable homes on Lincoln Avenue, this one has a larger living area than about 71% of them. The ranking is based on square footage, not condition or layout, so it gives a sense of where the home sits size-wise among its immediate neighbours.