1411 Lincoln Avenue — Property Summary

Key Characteristics & Buyer Profile

This is a compact 676 sqft home built in 1946, sitting on a 3,416 sqft lot in Winnipeg’s Weston neighbourhood. The property’s most striking feature is its assessed value: $217,000 ranks in the top 15% on the street and top 22% in the area, despite the home being physically smaller than most neighbours. That suggests the value is tied to land, location, or structural quality rather than square footage.

The living area is well below citywide averages—ranking in the bottom 3% across Winnipeg—and the lot, while average for the street, is roughly half the size of a typical city lot. The year built (1946) is older than the city norm but newer than most homes on Lincoln Avenue, where the average is 1936.

Appeal: The property offers a lower entry price point in a neighbourhood where assessed values are relatively strong. It’s a candidate for someone who prioritizes a smaller footprint and doesn’t need maximum space—perhaps a first-time buyer, a downsizer, or an investor looking at renovation potential on an older home with a decent lot. The mismatch between small living area and above-average assessed value may also signal that the land or location holds more long-term value than the structure itself.

Who it suits: Buyers comfortable with a smaller home who want to be in a more established, older neighborhood where values are holding above local averages. Not ideal for anyone needing generous indoor space or a large yard. Could also work for someone open to an addition or redevelopment, provided zoning allows.

Five Possible FAQs

1. Why is the assessed value high relative to the home’s small size?
Assessed value considers land, location, and condition, not just square footage. This home ranks well on its street and in the neighborhood for value, which likely reflects strong demand for properties in this pocket of Weston, or a larger-than-average lot relative to the house itself.

2. How does the lot size compare to other properties in Weston?
It’s roughly average for the street and slightly above average for the neighborhood (top 40%). But citywide, it’s smaller than most—the average Winnipeg lot is about 6,570 sqft, nearly double this one. So it’s typical for the area but not spacious by broader standards.

3. Is the 1946 build a concern?
Homes from the 1940s are common in this part of Winnipeg, and this one is actually newer than most neighbours (average 1936). Older construction can mean solid materials but may require updates to insulation, wiring, or plumbing. A home inspection would be wise, especially for a property in this age bracket.

4. Could this property be expanded or renovated?
Possibly—the lot is 3,416 sqft, which is enough for a modest addition if zoning permits. But with a living area of only 676 sqft, any renovation would need to work within the existing footprint unless you’re prepared to add square footage. Checking with the city’s planning department is recommended before making plans.

5. How does this property compare to others in the same price range?
At $217k assessed, it’s above average for the street and neighborhood, where typical values are around $186k. But citywide, it’s below the median ($390k). So you’re getting a home that’s priced competitively for Winnipeg but above local norms—likely because of its location or lot potential, not its size.