1391 Logan Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 2021-built home with 1,008 sq ft of living space on a 4,292 sq ft lot. Its most striking feature is the year built: constructed in 2021, it ranks in the top 2% city-wide for newness, and within the Weston neighbourhood, it’s in the top 1%—meaning nearly every nearby home is significantly older, with a neighbourhood average build year of 1937. This gives the property a rare modern interior and structural condition relative to its surroundings.

The assessed value of $298,000 is notably high for the street and neighbourhood: top 11% on Logan Avenue and top 4% in Weston. However, city-wide, both the living area (1,008 sq ft vs. 1,342 avg) and assessed value sit below average. This creates an interesting dynamic: the home is priced and sized modestly by city standards, but stands out as a premium property within its immediate context.

The lot is above average for the neighbourhood (top 16%) but still undersized compared to typical Winnipeg lots city-wide. The appeal lies in owning a nearly new home in an established, older area—useful for buyers who want modern efficiency and low upkeep without paying new-suburb prices or compromising on lot size relative to neighbours.

This property suits buyers who prioritize a move-in-ready house in a mature neighbourhood, value newer construction over square footage or a large yard, and are comfortable with a home that’s compact by city standards but generous for the area. It may also appeal to investors seeking a well-rated asset in a neighbourhood with older housing stock, where this home’s condition and build year hold clear resale advantages.

Possible FAQs

1. How does the assessed value compare to other recent sales in Weston?
The $298,000 assessment ranks in the top 4% of the neighbourhood, which is well above the average of $184,700. This suggests the home is positioned at a premium for the area, likely reflecting its new build year and modern finishes. Buyers should confirm whether the assessment aligns with recent sale prices for comparable newer homes nearby.

2. Is the 1,008 sq ft living area considered small?
Within Weston, it’s around average (neighbourhood average is 936 sq ft), but across all Winnipeg homes it’s below average (city average is 1,342 sq ft). It’s a compact home for its lot size, which may be a trade-off for some buyers expecting a larger footprint given the 4,292 sq ft land parcel.

3. Why is the lot ranked high locally but low city-wide?
The lot is 4,292 sq ft, which is above average for Logan Avenue and Weston (where lots average around 3,600 sq ft). But city-wide, Winnipeg lots average 6,570 sq ft, so this property falls well short of typical suburban or older inner-city lot sizes. It’s a good-sized lot for its specific street, not for the city overall.

4. What condition or updates should I expect given it was built in 2021?
Because the home is only a few years old, major systems (roof, furnace, windows, foundation) are effectively brand new with years of warranty life remaining, assuming normal maintenance. The home should require no immediate renovation or replacement work, which differentiates it from nearly all other properties on Logan Avenue, where the average build year is 1949.

5. How does this home compare to new builds in Winnipeg’s developing suburbs?
Unlike new subdivisions, this home sits on an established street with mature trees and a city-serving lot size. It’s smaller than most new suburban builds (which often start around 1,200–1,500 sq ft) and sits on a smaller lot than typical suburban parcels. However, it offers immediate ownership without development levies, and location convenience closer to central Winnipeg. The assessed value and city-wide rankings suggest it’s priced below the cost of a similarly new suburban home.