1474 Lincoln Avenue – Property Summary
Key Characteristics & Buyer Profile
This 1,175 sqft home sits on a 4,302 sqft lot in Winnipeg’s Weston neighbourhood, built in 1958. Its standout feature is assessed value relative to the street and immediate area. On Lincoln Avenue, it ranks in the top 4% for assessed value (currently $269K), significantly above the street average of $186K. The property also ranks well locally for year built (top 6% on the street) and land area (top 8%).
The appeal lies in a mix of solid practicality and relative value. While the assessed value is strong for the neighbourhood, it sits well below the citywide average ($390K), meaning buyers get a home that’s competitive locally without the premium of higher-cost areas. Living area is above average for the street (top 11%) and neighbourhood (top 15%), though roughly average citywide.
Who it suits: Buyers looking for a well-sized home in a stable, established street where property values already rank high relative to neighbours. It may also appeal to those who prioritise a larger lot and older construction (pre-1960s) over newer, smaller infill builds. Because the citywide ranking is more modest, it’s less suited to someone seeking top-tier market performance across Winnipeg, and better for someone who values strong local standing and comparative affordability.
Five Possible FAQs
1. How does the assessed value compare to the city as a whole?
The home is assessed at $269K, which ranks in the top 78% citywide—meaning roughly three-quarters of comparable Winnipeg properties have a lower assessed value. That said, the city average is $390K, so the home is well below that figure. The real strength is its ranking on Lincoln Avenue (top 4%) and within Weston (top 8%).
2. Is the living area considered large or small?
It depends on the scope. At 1,175 sqft, it’s significantly larger than the street average (859 sqft) and neighbourhood average (936 sqft). But citywide, the average for comparable homes is 1,342 sqft, so it’s a bit below that. In short: generous for its immediate area, about average for the city.
3. What does the year built tell me about the property?
Built in 1958, this home is newer than most on its street (average 1936) and in the neighbourhood (average 1937), ranking in the top 6% and 13% respectively. Citywide it’s roughly average (median 1966). Older construction can mean more solid materials and bigger lots, but also potential for older systems or finishes.
4. How does the land size compare to other properties?
The lot is 4,302 sqft, well above the street and neighbourhood averages (both around 3,200–3,270 sqft). It ranks in the top 8% on the street and top 15% in Weston. Citywide, the average lot is much larger at 6,570 sqft, but that reflects many suburban properties; for an older, closer-in neighbourhood like Weston, this is a generous size.
5. What does “rank” mean in these comparisons?
The ranks compare this property to other homes within the same category—same street, same neighbourhood (Weston), or entire city (Winnipeg). A lower rank number is better. For example, “#14 out of 126” on Lincoln Avenue means only 13 homes have a larger living area. The tier colours (e.g., red for elite, blue for above average) just give a quick visual sense of how it stacks up in each category.