This is a 1946-built bungalow with 880 square feet of living space on a notably large 4,832-square-foot lot. The property's standout feature is the land: it ranks in the top 16% on Roy Avenue and the top 10% in the Weston neighbourhood for lot size, offering significantly more outdoor space than most nearby homes. The assessed value is relatively modest at $162,000—below the street and city averages—which reflects the home’s smaller footprint and older construction. While the living area is typical for the street and neighbourhood, it is small by citywide standards.
The appeal here is not in a move-in-ready, modern interior but in the combination of a low entry price and a generous parcel of land. This property would suit buyers who prioritize outdoor space—gardeners, those wanting room for a workshop or shed, or investors considering future redevelopment potential. It may also appeal to first-time buyers looking for a more affordable entry point into the Weston area, provided they are comfortable with a home that likely needs updating. The property is less suited to someone seeking a larger, finished home or a turnkey purchase.
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How does the assessed value compare to similar homes nearby?
The assessed value of $162,000 is below the Roy Avenue average of $194,500 and well under the citywide average of $390,100. It sits near the middle of the Weston neighbourhood, where the average is $184,700. This suggests the home is priced lower than many of its immediate neighbours.
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Is the lot size unusual for this area?
Yes. At 4,832 square feet, the lot is significantly larger than the street average of 3,729 sqft and the neighbourhood average of 3,269 sqft. This puts it in the top 10% of lots in Weston, which is a clear advantage for buyers wanting more yard space.
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When was the house built, and how does that affect value?
Built in 1946, the home is older than the street average (1950) and the citywide average (1966), but newer than the typical home in the wider Weston neighbourhood (average 1937). The age likely accounts for the lower assessed value and suggests the property may require updates to mechanicals, insulation, or finishes.
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How does the living area compare to other homes in Winnipeg?
At 880 sqft, this home is below the citywide average of 1,342 sqft for comparable properties, ranking in the bottom 15% citywide. However, it is almost exactly average for Roy Avenue and the Weston neighbourhood, so the floor plan is consistent with local expectations.
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What is the neighbourhood like, and is there redevelopment potential?
Weston is an established, older neighbourhood with a mix of postwar homes. The large lot and relatively low assessed value may make this property attractive for future expansion, a secondary dwelling (subject to zoning), or simply for those wanting more land than a typical city lot. Buyers should verify local zoning and development guidelines before assuming redevelopment is straightforward.