This is a 600-square-foot, two-bedroom house built in 1946 on a 3,946-square-foot lot. Its key trait is affordability relative to the city. It sits at the very bottom of the citywide market (Top 99% by assessed value), meaning it’s one of the cheapest properties in Winnipeg. The land is generous for the Weston neighborhood (Top 26%), but the house itself is small (Top 92% on the street). The trade-off is clear: you get a sizable yard on a solid older structure, but the living area is compact.
The appeal lies in entry-level ownership. This home suits a buyer who wants to own land in the city without a large mortgage—someone comfortable with a modest footprint and willing to invest sweat equity or upgrades over time. It’s less suited for anyone expecting a turnkey move-in or significant square footage. The older construction (1946) is above average for both the street and neighborhood, which suggests better build quality than many nearby homes, but it may need updates to systems or finishes.
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Why is the assessed value so low compared to the city average?
The $125,000 assessment reflects the small living area (600 sqft) and the property’s standing in a less expensive area of the city. The citywide average for comparable homes is $390,100, but that includes larger homes in more expensive neighborhoods. The ranking shows this property is at the very bottom of the market, not that it’s undervalued relative to its immediate neighbors.
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How does the land size compare to other properties nearby?
The lot is 3,946 sqft, which is above average for the Weston area (Top 26% of comparable homes) and roughly average for the street (Top 46%). In a city where the typical lot is much larger (6,570 sqft citywide), this lot is on the smaller side for Winnipeg overall, but generous by local neighborhood standards.
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Is a house built in 1946 likely to need major work?
It depends on maintenance history. The year built is above average for the street and neighborhood (Top 22% and Top 29% respectively), so it’s older than many nearby homes but newer than the typical Weston-area build (average 1937). Homes from the 1940s often have solid framing but may have older plumbing, electrical, or insulation. A pre-purchase inspection is advisable.
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How does the living area affect daily living or resale?
At 600 sqft, the house is significantly smaller than the neighborhood average (936 sqft) and the city average (1,342 sqft). This limits layout flexibility and storage. For resale, it will appeal to a niche market of budget-conscious buyers or investors, rather than families needing space. It could work well as a starter home, a rental, or a downsized retirement property.
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What does “Top 92%” or “Top 99%” mean in practical terms?
These rankings show how the property stacks up against others in the same category. For example, “Top 92%” on the street means it ranks 202nd out of 219 homes—only 17 homes are smaller. “Top 99%” citywide means it’s among the smallest and cheapest in Winnipeg. The fill bars show that for living area and value, the property underperforms nearly all peers; for land and year built, it performs better.