1363 Logan Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a compact home (892 sqft) built in 1945, sitting on a notably large lot of 5,096 sqft. Its standout feature is the land: it ranks in the top 2% on its street for lot size, and top 7% in the Weston neighbourhood. The house itself is small relative to citywide averages, but the land offers rare potential—whether for expansion, gardening, or simply enjoying outdoor space in an area where lots tend to be tighter.

The assessed value ($132,000) is well below both street and neighbourhood medians, partly reflecting the modest living area and the age of the structure. The home is older than much of the city stock, but typical for Weston. This is not a move-in-ready showpiece; it’s a property where the value is in the land, not the building.

Appeal lies in affordability paired with space. A buyer here gets a low entry price for a sizeable piece of land in a central Winnipeg neighbourhood. It suits someone willing to renovate, build new, or hold long-term for land appreciation. Families who want a yard without a suburban price, or investors looking for a tear-down with good bones in an older, established area, would find this fitting. It's less suited for someone seeking a modern, low-maintenance home. The house is a candidate for sweat equity, not a turnkey.

Frequently Asked Questions

1. Why is the assessed value so low compared to the street average?
The assessment reflects both the small living area (892 sqft) and the home’s age (1945). While the lot is large, the structure itself is modest and older, which depresses the total assessed value relative to neighbours who may have larger or updated homes.

2. Is this a good candidate for a renovation or an addition?
The large lot gives flexibility for an addition, but you’d want to confirm zoning and setback rules with the city. The home’s age also means upgrades to electrical, plumbing, and insulation are likely needed. Renovation costs could quickly exceed the home’s current value, so careful budgeting is essential.

3. How does the living area compare to typical Winnipeg homes?
Citywide, the average comparable home is 1,342 sqft. At 892 sqft, this property is 33% smaller. Within Weston, it’s close to the neighbourhood average (936 sqft), so it’s not unusual for the area—only small by broader city standards.

4. What does the land size actually mean for everyday use?
At 5,096 sqft, the lot is about 40% larger than the street average. You’d have room for a substantial garden, a play area, or a future garage or workshop. Compared to many infill lots in central Winnipeg, that’s generous space without feeling oversized.

5. Is the location in a rising or declining area?
Weston is an older, inner-city neighbourhood with a mix of post-war homes and some newer infill. It has seen steady interest from buyers priced out of more trendy areas. The low land values relative to lot size suggest potential for gradual appreciation, but it’s not a high-growth hotspot—more of a stable, practical bet.