Key Characteristics & Appeal
This is a 1,062 sqft single-family home built in 1947, with a 3,925 sqft lot. Its strongest feature is its value relative to the immediate neighbourhood. The property sits squarely in the middle of the pack on its street in terms of size and price, but it performs better when compared to the wider Weston area. Specifically, the home is bigger and assessed at a higher value than the typical Weston property. The assessed value of $219,000 is notably below the city-wide average, which helps keep property taxes lower than what you'd find in many other parts of Winnipeg.
The appeal here is two-fold. First, there’s a solid value proposition for someone looking to own a detached home on a standard city lot without overpaying for square footage they don’t need. Second, it offers a path to long-term stability in a community where the housing stock is older and fairly consistent. This property isn’t going to impress someone looking for a modern open floor plan or a large double garage lot, but it represents a realistic, affordable entry point into a stable, older Winnipeg neighbourhood.
This property would suit first-time buyers who need a functional house and are less concerned with trends or a prime location. It also works for someone looking for a sensible downsizing option that keeps taxes low, or for an investor targeting the rental market in a working-class area where smaller, older homes are the norm.
Frequently Asked Questions
1. How does the property's size compare to other houses in the area?
On its own street, the 1,062 sqft living area is very close to the average (1,090 sqft). However, within the Weston neighbourhood, it is noticeably larger than average (936 sqft), making it one of the bigger homes in the immediate community. The lot is also slightly larger than the Weston average.
2. Is a 1947 build a concern in terms of maintenance?
Not necessarily a dealbreaker, but it is a consideration. This home is typical for the neighbourhood, which has a median build year of 1937. In this context, 1947 is actually newer than average for Weston. The main thing to look out for isn't just the age of the house itself, but whether major systems (roof, furnace, electrical, foundation) have been updated reasonably recently. You should have an inspector focus on those.
3. Why is the assessed value so much lower than the city average?
The $219,000 assessment is driven by two factors: the home's location within Winnipeg and its age/size relative to newer, larger suburban homes. The city-wide average of $390,000 is heavily influenced by more expensive outer-ring neighbourhoods. This low assessment is a strong indicator that the property taxes will be relatively affordable compared to the city median.
4. Does the property rank well compared to others in Winnipeg as a whole?
On a city-wide scale, this home is fairly average. It places in the middle of the pack for living area (top 65%) and is actually in the bottom tier for lot size (top 76%, meaning it's smaller than 76% of city properties) and assessed value (top 89%). This means you're buying a very standard, modest home on a small lot by city standards, but one that is well-suited to its specific neighbourhood.
5. What kind of neighbourhood is Weston?
Weston is an established, older community with a mix of pre-war and post-war housing. The data shows it has smaller homes than the city average, but the values are stable and consistent. This isn't a high-growth or trendy area, but it's a practical, mature neighbourhood with established streets and nearby amenities. It suits someone who values function and community over a flashy address.