1676 Logan Avenue – Property Summary
Section 1: Key Characteristics & Buyer Profile
This is a 980 sqft home on a 3,947 sqft lot, built in 1946, with an assessed value of $193,000. What stands out is the land. While the lot is slightly above average for Logan Avenue itself, it ranks well above average within the Weston neighbourhood—land here is more generous than most nearby properties. The house itself is older (1946), but that’s typical for the area; in fact, it’s newer than many homes in Weston, where the average build year is 1937. The assessed value is essentially in line with the street and neighbourhood averages, which suggests no major over- or under-valuation relative to immediate peers. Citywide, the numbers drop off—living area, lot size, and value are all below average for Winnipeg as a whole, reflecting that this is a denser, older part of the city.
The appeal here is practical rather than flashy. A buyer gets a reasonably sized house on a notably large lot for the neighbourhood, which opens up possibilities for gardening, additions, or simply space that many nearby homes lack. The built-in 1946 era brings character (and likely solid construction), but also means systems like electrical, plumbing, or insulation may need updating. This property would suit someone who values outdoor space and wants to be in Weston—a more established, central-area Winnipeg neighbourhood—without paying a premium. It’s less suited to someone looking for a move-in-ready modern home or expecting citywide value growth.
Section 2: Five Possible FAQs
1. How does the assessed value compare to what I’d actually pay?
The assessed value of $193,000 is a benchmark for property tax purposes, not a market price. It being close to the street and neighbourhood averages suggests the home isn’t unusually over- or under-assessed for the area. However, sale prices depend on condition, upgrades, and demand. You’d want a realtor’s comparative market analysis to see recent sales on Logan Avenue.
2. Is a lot this size unusual for Weston?
Yes, to some extent. The land area ranks in the top 26% for the neighbourhood, meaning this is larger than three-quarters of nearby properties. The average lot in Weston is 3,269 sqft, so at 3,947 sqft, you’re getting about 20% more land than the typical home. That’s a meaningful advantage if you want yard space in a central urban area.
3. The year built is 1946. What should I expect in terms of maintenance?
A home from that era often has good bones—old-growth lumber, solid framing—but systems age out. Expect that electrical may be original (knob-and-tube or early Romex), plumbing could be galvanized steel or cast iron, and insulation is likely minimal. A pre-purchase inspection is strongly recommended, especially for the foundation and roof. Many homes of this vintage have been updated piecemeal, so confirm what’s been replaced.
4. Why does the property rank so low citywide but average on the street?
The citywide comparison includes newer, larger homes in suburbs and newer developments, where living areas and lot sizes are much bigger (citywide average is 1,342 sqft living area and 6,570 sqft land). On Logan Avenue and in Weston, the housing stock is older and denser, so this home fits right in. The ranking shows it’s typical for its immediate area but modest compared to Winnipeg as a whole.
5. Is this a good investment property or a starter home?
It could work for either, but with different expectations. As a starter home, the larger lot is a plus for resale or future expansion. As an investment, the location in an older central neighbourhood means appreciation may be slower than in fast-growing suburbs, but land in established areas often holds value. The modest assessed value keeps entry costs lower. Just factor in potential renovation or system upgrade costs, which can eat into returns if not priced in upfront.