1461 Winnipeg Avenue W – Property Overview

Key Characteristics & Buyer Profile

This is a 1909-built home with 727 sq ft of living space on a 2,656 sq ft lot. The property sits below average in nearly every comparative metric across its street, neighbourhood (Weston), and Winnipeg as a whole. Its assessed tax value of $153,000 is notably low both locally and citywide.

Where its appeal lies is in affordability and entry-level accessibility. For someone looking to get into the Weston area at a lower price point, this may be one of the more budget-conscious options available. The lot size, while small relative to the street and city, is close to the neighbourhood average, meaning it’s typical for the area. The older build year (1909) means the house has likely seen some character and possibly updates over time, but also suggests potential maintenance considerations.

This property suits first-time buyers with limited budgets who prioritize location and low purchase price over square footage or modern finishes. It may also appeal to investors seeking a lower-cost entry into the Weston market, or buyers willing to take on a renovation project in an established neighbourhood.

Frequently Asked Questions

1. How does the property compare to typical homes in Weston?
The living space and lot size are both slightly below the neighbourhood average, but not dramatically so. The assessed value is close to the Weston average, which suggests pricing in line with local norms despite the smaller footprint.

2. What should I know about a home built in 1909?
Older homes often have solid construction but may require updates to electrical, plumbing, insulation, or roofing. A thorough home inspection is recommended to assess the condition of systems and structure before purchase.

3. Is the small lot size a disadvantage?
It depends on your needs. The lot is smaller than most on the street, but typical for Weston. Limited outdoor space may be a factor for families or gardeners, but it also means less maintenance.

4. Why is the assessed value so much lower than the city average?
The citywide average is skewed by newer, larger homes in higher-value areas. Weston generally has older, smaller homes with lower assessments, so this property’s value is consistent with its neighbourhood and street.

5. What type of renovation potential does this property offer?
With modest living space and a standard lot, potential for a major addition is limited, but interior updates could significantly improve functionality and value. Buyers should check zoning and permit history before planning changes.