This is a compact, older home in the Weston area of Winnipeg, built in 1909 with 933 square feet of living space on a 1,875-square-foot lot. Its assessed value is $175,000. The property sits within a tight range on Cecil Street: while its living area is comparable to neighbors, its lot is notably smaller—ranking in the bottom 1% citywide and bottom third on the street itself. The home’s age also places it among the older properties locally and citywide.
The appeal here is straightforward: it’s an entry-level price point in an established neighborhood. For a buyer who values location over space, and who is comfortable with an older home that may need updates, this property offers a foothold without the premium attached to larger lots or newer builds. It would suit a first-time buyer, someone looking to downsize, or an investor targeting lower-cost infill potential. What’s less obvious is that the small lot, while a drawback for yard space, may also mean lower maintenance and property taxes relative to the street average. The assessed value sits well below the Weston average, suggesting the property may be undervalued compared to its immediate neighbors—but that could also reflect deferred maintenance or older systems.
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How does this property compare to other homes on Cecil Street?
It ranks near the middle for assessed value (6th out of 9) and land area, but is one of the older homes on the street. The living area is fairly typical for the block.
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Is the small lot a major drawback?
It depends on what you want. The lot is well below the neighborhood and city averages, so if a large garden or expansion space is important, this isn’t the property for you. But it also means less upkeep and a more manageable footprint for city living.
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Why is the assessed value so much lower than the city average?
The citywide average for comparable homes is $390,000. This home’s value reflects its smaller size, older construction, and modest lot. It’s priced in line with what a compact, century-old home in this pocket of Weston typically commands.
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Is there room to add value?
Possibly, but you’ll need to consider the small lot and older structure. Interior updates or basement finishing could improve the home’s livability, but don’t expect to close the gap with newer, larger properties nearby without significant investment.
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What kind of maintenance should I expect from a 1909 home?
Older homes often have outdated electrical, plumbing, or insulation. It’s wise to budget for potential upgrades—especially if the systems haven’t been modernized. A thorough home inspection is strongly recommended before purchase.