1495 Lincoln Avenue
Section 1: Key Characteristics & Buyer Profile
This is a 1945-built home in the Weston neighbourhood with 719 square feet of living space on a 3,964 square foot lot, assessed at $218,000. The property’s appeal lies in its land value and relative affordability. The lot is notably generous for the street—ranking in the top 15% for size among Lincoln Avenue homes—and the assessed value is also above average for both the street and the neighbourhood. In contrast, the living area is smaller than typical for the area, and the house is older than many citywide properties.
The home would suit a buyer who prioritizes lot size over interior square footage, and who is comfortable with an older home that may require updates or a reconfiguration. It is a strong candidate for someone looking to enter a stable, established neighbourhood without paying a premium for a larger house. It is less suited to buyers who need maximum interior space or a move-in-ready, modern layout. The trade-off between a sizable, well-ranked lot and a compact living area is the defining feature here.
Section 2: Five Possible FAQs
1. How does the living area compare to other homes nearby?
At 719 square feet, this home is smaller than average for its street (859 sqft), its neighbourhood (936 sqft), and the city as a whole (1,342 sqft). It ranks in the bottom third on Lincoln Avenue and near the bottom citywide.
2. Is the assessed value considered high or low for the area?
The $218,000 assessment is above average for the street (top 14%) and the Weston neighbourhood (top 21%). However, it is well below the citywide average of $390,100, reflecting the smaller living area and older construction.
3. How does the lot size compare?
The lot is 3,964 square feet, which is larger than most on the street (top 15%) and in the neighbourhood (top 26%). Citywide, it sits in the bottom 25%—typical for an older, inner-ring neighbourhood where lots are generally smaller than suburban properties.
4. What year was the home built, and how does that affect its ranking?
Built in 1945, it is newer than average for Lincoln Avenue (top 19%) but falls slightly behind the neighbourhood average. Citywide, it ranks in the bottom 22% for age, meaning most homes in Winnipeg are newer.
5. What does the ranking system mean, exactly?
Rankings compare this property to similar homes in three levels: street, neighbourhood, and city. A lower number (e.g., #18 out of 126) means a higher rank. "Top 14%" indicates it beats 86% of comparable homes in that category. Rankings are based on lot size (bigger is better), year built (newer is better), living area (bigger is better), and assessed value (higher is better).