1461 Lincoln Avenue – Property Summary

Key Characteristics and Buyer Suitability

This is a compact, post-war home built in 1953, located in Winnipeg’s Weston neighbourhood. At 588 square feet of living space, it is significantly smaller than most homes on its street, in its neighbourhood, and across the city—ranking in the bottom 1% citywide for living area. The land parcel is 2,574 square feet, which is modest by city standards but near average for its immediate street and neighbourhood. The assessed value of $148,000 is also below average locally, though the gap is less pronounced than with living area.

The property’s main appeal lies in its age and construction quality for the era. Built in 1953, it is one of the older homes on Lincoln Avenue (top 8% for age on its street) and in Weston (top 18%), suggesting solid original materials and a character that newer builds often lack. For a buyer, this translates into a home with good bones, a smaller footprint, and a manageable lot—features that suit those who value lower maintenance, a quieter street, and a period aesthetic over square footage. It would be a strong fit for first-time buyers, downsizers, or someone looking for a renovator’s opportunity in an established area without the premium of a larger lot or house. The combination of small living area and modest land also points to lower utility costs and potentially lower property taxes relative to larger homes nearby. However, buyers should be prepared for a home that feels compact and may require updating, given its age.

Frequently Asked Questions

1. Is the 588 sqft living area measured as above-grade only, or does it include a basement?
The data provided reflects the main living area, which is typically above-grade square footage. It does not appear to include a finished basement. You would need to confirm with the listing agent whether there is additional finished space below grade.

2. How does the assessed value of $148,000 compare to recent sale prices in the area?
Assessed value is a benchmark used for property taxation, not a direct market indicator. In a neighbourhood like Weston, sale prices can vary based on condition and updates. You should compare the assessment to recent sales of similar-sized, similarly aged homes in the immediate area—not to larger or newer houses nearby.

3. What is the lot size relative to the house? Is there room for an addition?
At 2,574 sqft, the lot is narrow but not unusually small for the street. The house itself takes up a portion of that. Whether an addition is possible depends on local zoning setbacks and the home’s existing footprint. A site visit and conversation with the city’s planning department would be necessary to assess expansion potential.

4. How does the home’s 1953 construction hold up compared to newer homes in the area?
Homes from the 1950s in Winnipeg are generally well-built with solid framing, often brick or stucco exteriors. However, they may have older electrical, plumbing, and insulation standards. A thorough home inspection should focus on the condition of the foundation, roof, and mechanical systems, particularly if updates haven’t been done recently.

5. What does “ranked top 94% for land area citywide” actually mean for a buyer?
It means the lot is smaller than 94% of all comparable properties in Winnipeg. While that may sound negative, it also means lower yard maintenance and potentially a more manageable urban footprint. For buyers who don’t need a large yard or prefer a walkable neighbourhood, this can be a practical advantage rather than a drawback.