139 Cecil Street – Property Overview

Key Characteristics & Buyer Profile

This 1952-built home on Cecil Street in Weston offers 685 sq. ft. of living space on a notably large 5,194 sq. ft. lot. Its standout feature is the lot size: it ranks #1 on its street (top 11%), #84 in the neighbourhood (top 5%), and sits around the citywide median. For buyers who value outdoor space, yard potential, or future addition possibilities, this is the primary draw. The home itself is modest in square footage—below average both locally and citywide—but its assessed value of $242,000 is strong for the area (top 13% in Weston), suggesting the land is driving the valuation more than the structure. The year built is slightly older than the neighbourhood average (1952 vs. 1937), but typical for the street. This property is best suited for buyers who prioritize land over finished interior space—perhaps someone looking to renovate, build a larger home, or simply secure a deep lot in an established neighbourhood where larger parcels are uncommon.

Five Possible FAQs

1. The living area is 685 sq. ft.—is there room to expand?
   Yes. The lot is significantly larger than most on the street and in the neighbourhood (5,194 sq. ft.). Many buyers in this situation consider adding a second storey, a rear extension, or a detached garage/workshop, provided zoning and permits allow. The structure itself is from 1952, so renovation or rebuild is worth exploring.

2. Why is the assessed value relatively high for a small house?
   The assessed value ($242,000) reflects the land more than the building. The lot ranks in the top 5% of the neighbourhood and top 11% of the street. Comparable homes in Weston average $184,700, so the premium here is almost entirely land-driven. This often means lower property taxes relative to the home’s resale potential.

3. How does this area compare to other parts of Winnipeg for value?
   Weston is an older, established neighbourhood with smaller lots on average than newer suburbs. Citywide, the average lot size for comparable homes is 6,570 sq. ft., so this property’s lot is below that citywide median—but it is very generous for this neighbourhood. Buyers get a larger-than-typical parcel in an area with older housing stock and more character.

4. Is this a good investment for a first-time buyer?
   It depends on priorities. If you want move-in-ready space, 685 sq. ft. is tight. But the land component offers strong long-term appreciation potential. First-time buyers comfortable with a smaller footprint or willing to take on a renovation could find good equity upside, especially since the house is priced below the citywide average assessment ($390,100).

5. What does “ranked #1/9 on the street” for lot size actually mean?
   It means this property has the largest lot of the nine comparable homes on Cecil Street used in the analysis. That’s an unusual advantage—many streets have one or two standout lots, and this is it for this block. It would be wise to check whether adjacent properties have similarly deep lots, as that can affect privacy and future development options.