1340 Winnipeg Avenue W

Weston, Winnipeg

Property score

44.3

Below average

Overall 44.3 · Smaller than most nearby homes

700 sqft (bottom 22%) · Built in 1945 (8 yrs newer than avg)

Located in a above-average income area with median household income of ~71k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, and 1 government office nearby

Living Area

Below average

25% smaller than neighborhood avg.

Year Built

Near average

8 yrs newer than neighborhood avg.

Mother tongue

English · 63%Tagalog · 21%

Past 10 years Weston sales snapshot (~80% of all data)

Sold Count

682

Median price

202.5k

$/sqft

$245/sqft

Avg build year

1937

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Property score

44.3 is composed by the two sections below.

Property Score

28.5Low
Living Area700 sqft22Low
Year Built194530Low
Lot Size3,753 sqft46Low
Neighbourhood Sales Activity48Low

Community Score

67.9Good
Household Income72Good
Education Level34Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

Weston

How to read: Share of sales in each ~$50k price band for “weston” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110144

Community deep dive

$71K

Median household income

$80K

Average household income

19%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

21%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)677
Labour force participation rate64%
Median age34.8
Avg household size2.9
Unemployment rate7%
Population density712 / km²

Households & income

Low income (LIM-AT, % pop.)19%
Single-person households21%
Couple families with children27%
Median household income (2020)$71K

Housing

Renter households34%
Condominium dwellings0%
Median dwelling value (owners)$210K

Diversity, education & language

Immigrants (share of pop.)45%
Visible minority54%
Bachelor's or higher (25–64)19%
Mother tongue (1st)English · 63%
Mother tongue (2nd)Tagalog · 21%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
700 sqft
0255075100
Same streetBottom 10%Same areaBottom 22%CitywideBottom 4%
Same street · Winnipeg Avenue W
#128 / 142
Bottom 10% · Avg 1,121 sqft
Same area · Weston
#1,360 / 1,736
Bottom 22% · Avg 936 sqft
Citywide · Winnipeg
#186,863 / 194,458
Bottom 4% · Avg 1,342 sqft

Tax-Assessed Value

around average
201k
0255075100
Same streetTop 44%Same areaTop 31%CitywideBottom 8%
Same street · Winnipeg Avenue W
#62 / 142
Top 44% · Avg 198.4k
Same area · Weston
#541 / 1,736
Top 31% · Avg 184.7k
Citywide · Winnipeg
#178,205 / 194,458
Bottom 8% · Avg 390.1k

Year Built

above average
1945
0255075100
Same streetTop 28%Same areaTop 35%CitywideBottom 22%

Lot Size

above average
3,753 sqft
0255075100
Same streetTop 28%Same areaTop 32%CitywideBottom 22%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

1340 Winnipeg Avenue W — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 294 m).

Search radius
🍽️Dining1
🏛️Government1

Crime & Safety

Weston · WPS public data · 2026

Annual incidents

66

2026

vs. city avg

+124%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Other

35%

Full crime data for Weston →Winnipeg crime overview →

Sales History

1340 Winnipeg Avenue W: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 1340 Winnipeg Avenue W, Winnipeg

1340 Winnipeg Avenue W – Property Summary

Key Characteristics & Buyer Profile

This is a 700 sqft home on a 3,753 sqft lot, built in 1945. The property’s standout feature is its land: the lot is above average for the street and neighbourhood, ranking in the top 28% locally and top 32% in the Weston area. The home itself is small by current citywide standards—living area ranks in the bottom 10% across Winnipeg—but it’s typical for this street and neighbourhood, where older, compact houses are the norm. The assessed value ($201k) is around average on the street and slightly above average in the neighbourhood, but well below the citywide median of $390k, reflecting both the smaller footprint and the area’s pricing.

The appeal here is land value and location context, not square footage. A buyer gets a lot that can accommodate an addition, garage, or garden in a way many city lots cannot. The home is old but structurally stable for its era, and the price point undercuts newer, larger homes citywide. This property suits buyers who prioritize outdoor space or long-term redevelopment potential over move-in-ready interior size. It would also work for someone wanting to enter the Weston market at a lower cost, or for an investor eyeing a lot in a mature neighbourhood with above-average land relative to neighbours.


Frequently Asked Questions

1. Is the living area too small for a family?
Yes, if you need multiple bedrooms or open-concept living right away. At 700 sqft, this is best suited for a single person, couple, or small family willing to renovate or add space. The lot size does allow for an expansion, which many nearby properties lack.

2. How does the assessed value compare to similar homes nearby?
It’s very much in line with the street and neighbourhood averages—close to $200k. This suggests the assessment reflects the home’s age and size fairly, without major over- or under-valuation relative to neighbours.

3. What’s the neighbourhood like?
Weston is an older, established area with a mix of postwar homes and some new infill. It’s not a high-end or trendy district, but it’s stable, with decent access to amenities and transit. The property sits on a street where most homes are older and similarly sized.

4. Could this be a tear-down or redevelopment opportunity?
Possibly, depending on zoning and city regulations. The 3,753 sqft lot is larger than average for the street, which gives more flexibility. However, the home’s 1945 construction means it may have heritage or structural constraints worth checking before assuming a full rebuild.

5. How does this property stack up against citywide averages?
Poorly on living area and assessed value—both are well below Winnipeg medians—but favourably on land area (top 22% citywide). The property is a classic example of an older, inner-ring home where the lot holds more relative value than the house itself.

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