2240 Gallagher Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1910-built home with 1,171 sqft of living space on a 2,517 sqft lot. Its standout feature is interior square footage: it ranks in the top 21% on its street, top 15% in the Weston neighbourhood, and slots slightly above average for its street and community. The assessed tax value ($228,000) is higher than both the street and neighbourhood averages, but well below the citywide median—suggesting the property is considered more modest in value relative to Winnipeg as a whole. The land parcel is noticeably smaller than typical for the area, ranking in the bottom third on the street and bottom 5% citywide.
The appeal here is straightforward: you get a relatively spacious interior on a compact lot in a neighbourhood where homes tend to be smaller overall. That makes it a practical fit for someone who values indoor room over yard space. It could suit a buyer looking for a character home (1910 build) with efficient land use—perhaps a couple or small family who don’t need a large garden, or someone wanting to minimize exterior upkeep. The tax assessment is modest by city standards, which may appeal to cost-conscious buyers. However, the older construction and small lot mean it’s less suited to those seeking a newer build, a large property for future development, or a home with strong resale land value.
Frequently Asked Questions
1. How does the property’s size compare to other homes in Weston?
The living area is above average for both the street and community. On Gallagher Avenue, the average home is about 994 sqft; this one is 1,171 sqft. In Weston, the average is 936 sqft. So it offers notably more indoor space than most nearby homes.
2. Is the tax assessment high or low relative to the home’s size?
The assessed value ($228,000) runs above the street and neighbourhood averages, but below the city median. Given the larger-than-average living area but smaller lot, the assessment reflects a trade-off: more house per square foot of land. It’s not an obviously over- or under-assessed property.
3. What should I know about a home built in 1910?
It’s one of the older homes on the street (the street average build year is 1942) and significantly older than the Winnipeg median of 1966. Buyers should factor in potential updates to systems (plumbing, electrical, insulation), foundation condition, and lead paint or asbestos—common in pre-1950s homes. It may also have character details not found in newer builds.
4. Why is the land area so small compared to other Winnipeg homes?
At 2,517 sqft, it’s smaller than the street average (3,061 sqft) and well below the city average (6,570 sqft). This is typical of older infill lots in established neighbourhoods like Weston. The advantage is less yard work; the trade-off is limited space for additions, garages, or outdoor living.
5. How does this property rank overall in Winnipeg for value?
It lands near the middle for living space (top 53%) and on the lower end for assessed value (top 87%—meaning it’s cheaper than most). The land area ranks in the bottom 5% citywide. In short, it offers competitive indoor space at a below-median price point, but with a small footprint and an older home.