1446 Lincoln Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a compact, older home in Winnipeg’s Weston neighbourhood, built in 1929. Its living area is 622 square feet, well below both street and neighbourhood averages, and its land area is 2,473 square feet—also notably smaller than typical lots in the area. The assessed value sits at $154,000, which is below the street average of $186,000 but roughly in line with the neighbourhood median when adjusted for size.

Where the property’s appeal lies is in its affordability and its position within an established, older part of the city. The year built is typical for Weston, meaning the surrounding homes share a similar character and era. Buyers here are not paying for space or a large lot; they’re paying for a lower entry point into a stable, centrally located neighbourhood. The data shows this property ranks near the bottom city-wide in both living area and land size, so it’s not a comparison game—it’s a practical choice for someone who values location and cost over square footage.

This would suit a first-time buyer with a modest budget, a downsizer looking to simplify, or an investor focused on a lower-cost asset in a well-established residential area. The home likely requires a realistic eye for its limitations: it is small, on a small lot, and in an older building stock. But for someone who doesn’t need space and wants to avoid the premium of newer or larger homes, it offers a clear value proposition.

Five Possible FAQs

1. Why is the assessed value so much lower than the citywide average?
The citywide average includes many newer, larger, and more expensive homes across Winnipeg. This property is in an older neighbourhood with smaller homes and lots, so its value reflects the local market, not the city as a whole. Compared to others on Lincoln Avenue, it’s below average but not dramatically out of step.

2. How does the small living area affect daily use?
At 622 square feet, this is a compact space. It likely means fewer separate rooms and less storage. It works well for one person or a couple, but would be tight for a family or anyone who works from home and needs dedicated office space. The layout and flow would matter a lot here.

3. Is the land area too small for a garage or addition?
The lot is 2,473 square feet, which is below the neighbourhood norm. Adding a detached garage or a significant addition would be challenging and may not meet zoning setback requirements. It’s worth checking with the city before planning any major changes. For a garden or outdoor space, it’s manageable but modest.

4. What does it mean that the year built is “around average” for the street?
It means the home was built in 1929, and the average on Lincoln Avenue is 1936—so it’s slightly older but within the same era. Many surrounding homes are from the 1920s and 1930s, so the neighbourhood has a consistent vintage. This can be a plus for character, but also means older systems (wiring, plumbing, foundation) are common.

5. Should I be concerned about the low rankings for size and value?
Not necessarily—rankings compare the property to all homes in Winnipeg, including much larger and more expensive ones. Being in the bottom percentile city-wide just confirms it’s a small, older, lower-valued home. That’s not a flaw; it’s the defining feature. The important comparison is with similar properties in the same neighbourhood, where it’s more in line with the local market.