1398 Lincoln Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a compact starter home in Winnipeg’s Weston neighbourhood, built in 1945 with 700 square feet of living space on a 3,712-square-foot lot. Its assessed value is $163,000.

The property stands out most for its land and age. On its own street, it ranks in the top 19% for both lot size and year built—meaning it sits on a bigger-than-average plot among its immediate neighbours, and it’s newer than roughly 80% of homes on Lincoln Avenue. However, these relative strengths fade when compared citywide. The living area and assessed value are well below Winnipeg averages (top 96% and top 96%, respectively), reflecting a modest footprint and price point.

The appeal here is not about space or luxury. It’s about affordability and a decent piece of land in an older, established area. The lot offers potential for expansion, gardening, or simply having more outdoor room than most similarly priced homes. The 1945 construction places it in a cohort of well-built, mid-century houses, though a buyer should expect systems and finishes that likely need updating.

This property would suit first-time buyers with a limited budget who prioritize land over square footage, or investors looking for a low-cost entry into a stable, older neighbourhood. It may also appeal to those who value a quieter, less dense street over newer subdivisions farther from the core. It is less suited for someone wanting move-in-ready space or a home that will hold its resale value purely on interior size.

Five Frequently Asked Questions

1. How does this home compare to others in the same price range?
At $163,000, it’s near the street average ($186,000) and slightly below the Weston neighbourhood average ($184,700). Citywide, however, the average assessed value is $390,100, so this home is priced well below what many Winnipeg homes fetch. Its value is more aligned with older, smaller properties in established areas.

2. Is the 700 sqft living area a dealbreaker for resale?
It depends on the buyer pool. Small homes have a narrower market, but they also have lower carrying costs. The lot size (3,712 sqft) is above average for the street and neighbourhood, which adds flexibility—future owners could potentially add a small addition or a garage. The home’s resale strength lies more in its land than its interior.

3. What should I check regarding the 1945 build?
Expect original or updated mechanicals (furnace, wiring, plumbing) to be a priority. Many homes from this era have knob-and-tube wiring or galvanized pipes. The foundation and roof should also be inspected, as 80-year-old homes often need structural or envelope work. A good inspection will clarify whether the home has been maintained or needs significant investment.

4. Why does the land area rank high on the street but low citywide?
Winnipeg has many large lots, especially in newer suburbs or older estate areas. On Lincoln Avenue, the average lot is 3,219 sqft—so 3,712 sqft is generous for this street. But citywide, the average is 6,570 sqft, so this lot is comparatively small by broader standards. It’s a matter of context: big for the location, not big for the city.

5. What’s the neighbourhood like?
Weston is an older, working-class neighbourhood with a mix of post-war bungalows and some newer infill. It’s close to major routes like Route 90 and the Perimeter, and amenities are within a short drive. Schools, parks, and retail are modest but adequate. The area has seen some reinvestment but is not a high-growth zone. Buyers should drive through at different times to get a feel for traffic, noise, and local upkeep.