1343 Winnipeg Avenue W – Property Summary

Key Characteristics & Buyer Profile

This property is a 2013-built home with 857 square feet of living space on a 2,659-square-foot lot. Its most striking feature is the year built: ranked in the top 2% on the street and top 5% in the neighbourhood, it’s considerably newer than surrounding homes, which average 1934 and 1937 respectively. This gives the property modern construction standards and systems without the maintenance concerns typical of older Weston housing stock.

The assessed value of $278,000 is notably high for the immediate area—top 7% on the street and top 6% in Weston—but sits below the citywide average of $390,100. This reflects a home that is considered above-average in its local context but remains more affordable than much of Winnipeg as a whole. The living space is on the smaller side (bottom 72% on the street, bottom 87% citywide), and the land area is also modest, particularly relative to citywide lot sizes.

Where the appeal lies: The property offers something unusual in Weston—a relatively new, low-maintenance home that has already appreciated well within its local market. It suits a buyer who wants to own in a well-ranked, established neighbourhood without taking on a renovation project or older home upkeep. The smaller footprint and lot may also appeal to empty nesters, single professionals, or couples who prioritize location efficiency and lower utility costs over square footage or yard space.

Buyer to match: Someone who values a newer build in an older, character-rich area, and is comfortable with a compact living space and lot. Not ideal for buyers needing large rooms, big yards, or seeking maximum square footage per dollar.

Five Frequently Asked Questions

1. How does the small living area compare to other new builds in Weston?
Most new construction in Weston tends to be infill housing on standard lots, often with 1,100+ square feet. At 857 sqft, this property is smaller than many recent builds, likely reflecting a design aimed at affordability or efficient use of a narrower lot. If you’re comparing it to similarly aged homes in the area, expect this to be on the compact end.

2. Why is the assessed value high for the street and neighbourhood but below city average?
Assessed value reflects local market conditions. On Winnipeg Avenue and in Weston, most homes are older and have lower assessed values. This property’s newer age boosts its relative standing. Citywide, however, newer homes in more central or higher-demand areas (like River Heights or newer subdivisions) pull the average much higher.

3. Is a 2,659 sqft lot typical for Weston?
It’s slightly below the Weston average (3,269 sqft) but within a normal range for the area. Many older Weston lots are 3,000–4,000 sqft, so this is a smaller-than-average urban lot. Not unusually tiny for Winnipeg, but you won’t have a large backyard or side yard for expansion.

4. What maintenance concerns come with a 2013 build in this climate?
A 2013 home should have modern insulation, windows, and mechanical systems. Likely no knob-and-tube wiring, lead pipes, or asbestos. However, as a ten-year-old house, you may be approaching the lifespan of certain appliances, the water heater, or shingles depending on original quality. Check when the furnace and A/C were installed—2013 era units may need replacement soon.

5. How does this property compare price-wise to newer condos or townhouses in the area?
It sits between these categories. It’s a freehold house with a yard, which offers more privacy and no condo fees, but with living space comparable to a large two-bedroom condo. Condition and age are similar to newer townhouse stock, but you’re buying into a detached home market. If you’d otherwise consider a condo, factor in the maintenance freedom and land ownership here.