1511 Elgin Avenue W – Summary
Property Overview
This is a 920-square-foot home built in 1911, located on Elgin Avenue West in Winnipeg’s Weston neighbourhood. It sits on a 2,597-square-foot lot with an assessed value of $174,000.
Key characteristics: The living area is on the smaller side compared to citywide averages, but it holds its own within the immediate street and neighbourhood—ranking in the top 64% on the street and top 47% in Weston. The assessed value is close to the street and neighbourhood averages, meaning the price aligns well with local comparables. The land area is below average for the street and the city, but typical for the neighbourhood. The home is older than most in the area, but that’s common for the street (average build year 1932) and reflects the character of Weston.
Where the appeal lies: This is a property that makes sense for buyers who prioritize location and affordability over square footage. The home is priced in line with the local market, offering a realistic entry point into a mature neighbourhood. The smaller footprint may appeal to those who prefer lower maintenance, while the older construction often means more solid materials and established landscaping. It’s not a flashy or oversized property—it’s a practical home in a settled part of the city.
Who it would suit: First-time buyers looking for an affordable, modest home in a central Winnipeg neighbourhood. Downsizers who want to move to a smaller, older property without a premium price tag. Investors seeking a rental in an area with stable, older housing stock. Anyone who values being in Weston specifically—close to services, transit, and the character of an established community—rather than chasing newer or larger homes farther out.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The assessed value of $174,000 is slightly below the street average of $189,600 and the neighbourhood average of $184,700. It ranks in the top 50% on the street and top 52% in Weston, meaning it’s priced fairly for its size and age relative to local comparables.
2. Is the smaller lot size a concern for redevelopment or resale?
The lot is 2,597 square feet, which is below the street average of 3,608 and well below the citywide average. Within Weston, it’s closer to the neighbourhood norm (3,269 sqft), ranking in the top 60%. This isn’t a lot for major expansion, but it’s consistent with many older, inner-city homes. Buyers should check zoning and setbacks if they plan renovations.
3. The home was built in 1911—are there common issues with properties of this age?
Older homes often have solid wood framing, but systems (electrical, plumbing, heating) may be original or updated inconsistently. Foundation issues, lead pipes, and asbestos in insulation or tiles can appear. A thorough inspection is essential, but many 1910s-era homes in Weston have been well maintained. The age also means thicker walls and more character than newer builds.
4. How does this property stack up against other homes in Weston for value?
The assessed value ranks in the top 52% in the neighbourhood, and the living area is in the top 47%—meaning the home offers slightly more space than the Weston median for a slightly below-average price. It’s not a standout bargain, but it’s fairly priced for what it delivers in terms of size and condition relative to local inventory.
5. What’s the neighbourhood like in terms of amenities and character?
Weston is a well-established area with a mix of older homes, small local businesses, and good access to the Trans-Canada Highway and downtown. It’s less trendy than some newer suburbs, but it has parks, schools, and a strong sense of community. The home’s street-level rankings suggest it fits into a normal, middle-of-the-road block—not unusually large or small, not unusually expensive or cheap.