1450 Lincoln Avenue – Property Summary

Key Characteristics & Who It Suits

This is a 1929-built home with 809 square feet of living space on a 3,298-square-foot lot. Its assessed value is $216,000. The property stands out most for its valuation: it ranks in the top 16% on its street and top 22% in the Weston neighbourhood by assessed value, meaning it’s worth notably more than nearby homes of similar size and age. That gap suggests either recent upgrades, a desirable condition, or something specific about the lot or location that appraisers have recognized.

The living area and lot size are both close to the averages for the street and neighbourhood—there’s nothing unusual about the footprint. The home is older than most in the city (top 83% citywide by year built), but that’s typical for Weston, where many homes date from the 1920s and 1930s.

The main appeal here is value per square foot. You’re getting a solid, average-sized older home in a stable neighbourhood, but with an assessed value that punches above its weight. That could mean someone has already invested in the property, or that it holds hidden potential for further appreciation. It would suit a buyer who values location and intrinsic worth over square footage or a modern build—someone who sees the bones of the house as a starting point, not a problem. It’s less suited to anyone wanting a move-in-ready, open-plan space or a large yard.

Frequently Asked Questions

1. How does the assessed value compare to the actual sale price?
The assessed value is $216,000, which is above the street average ($186,000) and neighbourhood average ($184,700). Assessment is a lagging indicator of market value, so the actual sale price could be higher or lower depending on recent comparable sales. You’d need to check active listings or recent sales on Lincoln Avenue to see whether the assessed value is conservative or optimistic for today’s market.

2. Is the 809-square-foot living area smaller than typical for this area?
It’s slightly below the street average (859 sqft) and neighbourhood average (936 sqft), but not dramatically so. It’s significantly smaller than the citywide average (1,342 sqft). For a home built in 1929, this size is common for the era—many older homes in Weston have similar, compact floor plans.

3. Why is the property ranked so poorly citywide but well locally?
The citywide rankings reflect comparisons with all homes in Winnipeg, including newer, larger suburban properties. The assessed value and living area are below the city median. However, on its own street and in Weston, this home performs above average for value because the area has a higher concentration of older, smaller homes. It’s a strong property within its immediate context, not a standout across the entire city.

4. What does the “year built” ranking actually tell me?
It means the home is older than 55% of properties on its street, 50% in the neighbourhood, and 83% citywide. That’s not a red flag—older homes can be well-maintained or updated. The ranking simply confirms this is a character-era property, not a recent build. Buyers interested in pre-war construction details (plaster walls, solid wood frames, smaller rooms) may see this as a plus.

5. What’s the lot like? Can I add on or build a garage?
The lot is 3,298 sqft, which is almost exactly the street average (3,219 sqft) and slightly smaller than the neighbourhood average (3,269 sqft). It’s well under the citywide average (6,570 sqft), so it’s a compact city lot. You would need to check zoning and setback rules with the City of Winnipeg, but for a home of this era, there’s often very little unused space. An addition or detached garage would likely be tight, and may not be feasible without sacrificing yard area.