Here is a clean, standalone summary of 1536 Lincoln Avenue, organized into two main sections.
This 2016-built home on Lincoln Avenue stands out for its construction quality and value retention within the immediate area. The property offers 1,142 square feet of living space and sits on a 3,662-square-foot lot. While the lot size is modest by citywide standards, it is larger than the average for comparable homes on the street and in the Weston neighborhood.
The property’s strongest appeal is its elite ranking relative to nearby homes. It is ranked #4 out of 126 homes on Lincoln Avenue for assessed value (currently $294,000) and #2 out of 126 for year built. This means it is one of the newest and most valuable properties on the block. The location offers a significant premium over the neighborhood average assessed value of $184,700, reflecting both the newer construction and the desirability of this specific stretch of the street.
This home is best suited for a buyer who values a recently built, move-in-ready property in an established, older neighborhood. It is less suited for someone seeking a large lot or a bargain in a low-cost area. The buyer here is likely looking for a modern home that stands out in the context of its surrounding community, offering lower maintenance needs and better immediate resale value than neighboring vintage homes. A less obvious perspective: this property’s below-average citywide ranking for assessed value ($294,000 vs. $390,100 city average) suggests it is affordable relative to the broader Winnipeg market, meaning buyers get the cachet of a top-tier local asset without paying top-tier citywide prices.
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How does this home compare to others just on this street?
It is a standout. It is among the newest homes (built in 2016, ranked 2nd out of 126) and has an elite assessed value ranking (4th out of 126). Its living area is also above average for the street.
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Is this a good value relative to the rest of Winnipeg?
Yes, from a price perspective. The assessed value of $294,000 is below the citywide average for comparable homes ($390,100). You are paying less than the city median for a home that is much newer than the city average build year (1974 vs. 2016).
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How big is the lot compared to other properties?
The lot is 3,662 square feet. This is slightly larger than the average lot on Lincoln Avenue (3,219 sqft) and the Weston neighborhood (3,269 sqft), but it is significantly smaller than the average citywide lot (6,570 sqft). You get a good yard for the street, but not a sprawling suburban parcel.
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Why is the assessed value high for the street but low for the city?
Lincoln Avenue and the Weston neighborhood have a much older housing stock (average build year around 1936-1937) with lower average values (around $185,000). Your home is new and well-built, so it dominates locally. But citywide, $294,000 is a below-average price because Winnipeg includes many newer, larger homes in pricier suburbs.
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What does ‘Elite’ ranking mean in the data?
"Elite" signifies that the property ranks in the top 5% of its comparison group. For this home, it means it is among the very best on Lincoln Avenue and in Weston in terms of assessed value and newness. It represents an exceptional local asset, not necessarily a luxury citywide property.