2211 Gallagher Avenue – Property Summary
Key Characteristics, Appeal, and Suitability
This is a compact, older home in Winnipeg’s Weston neighbourhood, built in 1906. With 886 square feet of living space on a 2,494-square-foot lot, it’s smaller than most homes on its street, in its area, and across the city. Its assessed value sits at $88,000—well below surrounding averages.
The appeal here isn’t about size or modern finishes. It’s a straightforward entry-level property for someone who values low cost of entry over square footage or a large yard. This home would suit a first-time buyer with a modest budget, someone looking for a renovation project in an established neighbourhood, or an investor seeking lower-end rental stock. It’s not a good fit for anyone needing room to grow, ample parking, or a property with immediate resale upside. The land area is notably tight—smaller than 91% of homes on the same street—so outdoor space is limited.
Five Possible FAQs
1. Why is the assessed value so low compared to other homes on the street?
The $88,000 assessment reflects the home’s small size, older construction, and likely dated interior condition. Many homes on Gallagher Avenue have been updated or are larger, pushing their values much higher. This property ranks last on the street.
2. Is there any advantage to the home being built in 1906?
From a character perspective, older homes often have solid framing, unique layouts, and mature neighbourhood settings. But in practical terms, a 1906 build means you should expect older wiring, plumbing, and insulation. It’s a trade-off: lower purchase price versus likely higher maintenance and renovation costs.
3. How does this property compare to other homes in Weston?
It’s below average in living area (ranked 53rd percentile), land size (80th percentile), and assessed value (dead last in the neighbourhood). Most homes in Weston offer more space and slightly larger lots. This property is at the smaller, lower-value end of what’s available in the area.
4. Could this be a good rental property?
Potentially, if the rental market in Weston supports lower-end units and the purchase price stays low. The small size and low assessment mean lower property taxes and a lower initial investment. But rents will also be limited by the home’s size and condition, so cash flow would likely be modest.
5. What should I look out for during a viewing?
Focus on the foundation, roof age, and any signs of knob-and-tube wiring or old plumbing. With a house this old and a low assessed value, it’s likely that major systems haven’t been updated recently. Also check the lot lines—2,494 square feet is tight, so confirm if there’s any room for off-street parking or a small addition.