1507 Logan Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 980-square-foot home built in 1945, sitting on a notably large 4,113-square-foot lot. The property is located on Logan Avenue in the Weston neighbourhood of Winnipeg.
Where the appeal lies: The standout feature here is the land. The lot ranks in the top 28% on the street and top 21% in the neighbourhood, meaning most nearby properties sit on smaller parcels. For someone looking for yard space, gardening potential, or future expansion options, this is a meaningful differentiator. The assessed value ($199K) is above average for the street and neighbourhood, which suggests the lot size is already reflected in the market—but compared to citywide averages, the price is well below typical Winnipeg values. That gap points to a property that may offer more land per dollar than what you’d find in higher-priced areas.
Less obvious perspective to consider: The house itself is average in size and age for the immediate area, but citywide it’s smaller and older than most. That combination—a modest house on a generous lot in a lower-cost part of the city—tends to attract buyers who are willing to trade interior finishes or square footage for outdoor space and a quieter pace. It’s also worth noting that the year built (1945) puts it in an era where many homes had solid framing and mature landscaping, though mechanicals and insulation may need attention.
Best suited for: First-time buyers looking for more land than a typical starter home offers, or those wanting to be in an older, established neighbourhood without paying a premium for a renovated interior. Also a good fit for anyone with a long-term view—someone open to incremental improvements and adding sweat equity over time.
Five Possible FAQs
1. How does the lot size compare to other homes in the area?
The lot is 4,113 square feet, which is larger than about 72% of properties on Logan Avenue and about 79% of homes in the broader Weston neighbourhood. It’s below the citywide average for comparable homes, but that’s partly because Winnipeg has many larger-lot properties in outlying areas.
2. Is the assessed value inline with what similar homes sell for?
The assessed value of $199K is above the street average ($187.8K) and neighbourhood average ($184.7K), but well below the Winnipeg average for comparable homes ($390.1K). That means you’re getting a property that’s valued higher than its immediate neighbors, yet still priced significantly below typical citywide levels. It’s worth checking recent sales in the area to confirm how well assessments align with actual market prices.
3. Is this an older home that will need a lot of repairs?
Built in 1945, the house is older than about 78% of homes citywide, but around the same age as many others on the street and in Weston. Homes from this era often have good bones and larger rooms, but you should expect that plumbing, electrical, windows, and insulation may be original or only partially updated. A home inspection is strongly recommended to identify any deferred maintenance.
4. How does this property compare to others nearby in terms of size and value per square foot?
At 980 square feet, the living area is slightly above the street and neighbourhood averages. Combined with the larger lot, the overall space per dollar is quite favorable compared to newer subdivisions where lots are smaller and prices higher. You’re essentially paying for land, not for a finished interior—which can be a good trade-off depending on your priorities.
5. What is the neighbourhood like, and is it considered up-and-coming?
Weston is an older, established area west of downtown Winnipeg. It’s not typically highlighted as a trendy emerging neighbourhood, but it offers affordable entry points into the market and access to the river and parks. Buyers should be realistic: the area is more about stability and space than rapid appreciation or trendy amenities. For someone willing to invest in a property and wait, it can be a solid long-term hold.