1484 Catharine Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1948-built single-family home with 1,040 sq ft of living space on a 4,001 sq ft lot. The assessed value for tax purposes is $177,000.
The property sits slightly above average for its street and neighbourhood in terms of both living area and lot size. On Catharine Avenue, it ranks 6th out of 18 homes for size (top third), and within the Weston community, it falls in the top quarter for lot size. The assessed value is close to the street and neighbourhood averages, while the build year is newer than the typical Weston home but older than the city average. This suggests a home that fits comfortably within its immediate surroundings without standing out as either under- or over-improved.
Where the appeal lies is in the balance of space and land relative to its price. The lot is generous for the area, and the living area is above the local norm, yet the assessment sits right around the middle of the pack. That could signal decent value for someone who wants more square footage and yard than what’s typical nearby, without paying a premium for it. The home’s age (mid-century) and its rank within the city (68th percentile for size, 74th for lot) mean it’s not oversized by Winnipeg standards, but it holds its own within Weston—a neighbourhood that often leans smaller and older.
This property would suit a buyer who values a practical, everyday home in a well-established area. It’s not a showpiece or a fixer-upper; it’s a solid, middle-of-the-road house with slightly better numbers than most others on its street. First-time buyers looking for manageable space, or someone downsizing who still wants a decent yard, would find it worth a closer look. It may also appeal to someone who wants to avoid the higher tax burden of a newer or larger home, given its below-city-average assessment.
Frequently Asked Questions
1. How does this home compare to others on the same street?
It ranks 6th out of 18 homes for living area and 5th for lot size, meaning it’s above average in both. The assessed value and build year are both close to the street medians, so it fits in well without being an outlier.
2. What does the assessed value of $177,000 tell me?
That figure is used for tax calculation and is slightly below the Weston neighbourhood average of $185,000, and well below the city average of $390,000. It suggests the property is not overvalued relative to local comparables, which may keep property taxes manageable.
3. Is the 1948 build a concern?
It’s newer than the average home in Weston, where many date back to the 1930s, but older than the city average of 1966. A 1940s build is typical for this area and often means solid construction, but buyers should budget for updates to systems (electrical, plumbing, insulation) if not already done.
4. How does lot size affect the home’s value?
The 4,001 sq ft lot is larger than both the street and neighbourhood averages. In Weston, where lots tend to be under 3,300 sq ft, this gives more outdoor space—good for gardening, kids, or adding a garage or shed. It’s unlikely to be oversized for the area, so it shouldn’t feel out of character.
5. Who would this home not suit?
Buyers wanting a newer home with modern finishes, or those looking for a large citywide footprint (1,300+ sq ft), may find it lacking. It’s also not ideal for someone who prioritizes a low-maintenance yard, as the lot is above average in size and will require upkeep.