1427 Logan Avenue – Property Summary

Key Characteristics & Buyer Profile

This 1945 home in the Weston neighbourhood offers 1,070 square feet of living space on a 4,201-square-foot lot. Relative to other properties on Logan Avenue and within Weston, the living area and land size are both above average—ranking in the top 19% and top 24% on the street, respectively. The assessed value sits at $147,000, which is below the street average of $187,800 and well below the citywide average of $390,100.

Where the property stands out most is the land-to-building ratio. The lot is larger than typical for the area, which adds flexibility—whether for expansion, a garden, or additional parking. The home itself is modestly sized but functional, and its age (1945) is roughly consistent with the surrounding neighbourhood. Citywide, it’s an older home, but within Weston it fits the norm.

The appeal here is less about turnkey luxury and more about potential. The low assessed value relative to the lot size suggests that what you're paying for is primarily the land. This would suit buyers who are comfortable with a project: first-time homeowners looking for affordability in a mature neighbourhood, investors focusing on land value in a slowly appreciating market, or someone wanting to renovate or rebuild rather than buy a finished product. It’s less suited for someone seeking a move-in-ready home in a high-demand area.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
It’s roughly average for Logan Avenue itself, but below average for the broader Weston neighbourhood and well below the Winnipeg citywide figure. That gap partly reflects the home’s older condition and the fact that assessed values in the area have not risen as fast as in other parts of the city.

2. Is the property a good candidate for renovation or an addition?
Yes, especially given the above-average lot size. With 4,201 square feet of land and only 1,070 square feet of living space, there’s room to expand, provided zoning and permits allow. That said, the home was built in 1945, so any major renovation should include an inspection for older wiring, plumbing, and foundation issues.

3. How does the living area compare to other homes in Winnipeg generally?
At 1,070 square feet, it’s below the citywide average of 1,342 square feet. But on its street and within Weston, it’s actually above average. So the home is modest by broader city standards, but generous relative to its immediate neighbours.

4. What’s the neighbourhood like in terms of resale potential?
Weston is an older, established area. Resale value depends heavily on the condition of the home and any improvements made. The land itself holds value, and larger lots in the area are not common. Over time, as newer buyers look for affordable entry points close to downtown, properties like this tend to appreciate in land value if not always structure value.

5. Are the rankings reliable for making a buying decision?
They give a useful snapshot, but rankings compare the property to “comparable homes” in each zone, which may not account for condition, style, or recent upgrades. A home ranked average on assessed value could still be a good deal if the house needs work—or a poor one if the foundation is failing. The rankings are best used as a starting point, not a final verdict.