1463 Logan Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a compact, older home in Winnipeg’s Weston neighbourhood with a smaller-than-average footprint but a notably large lot for the area. The living area is 700 square feet, which ranks in the bottom quarter citywide and falls below the street, neighbourhood, and city averages. The assessed value of $148,000 is also below most benchmarks, though it sits closer to the street average than to the citywide median. The house was built in 1945, making it older than the typical Winnipeg home but roughly in line with the age of neighbouring properties on Logan Avenue.

Where this property stands out is land: the lot measures 3,880 square feet, which is above average for both the street and the Weston area, and lands in the top 30% of the neighbourhood for lot size. That extra land is the primary untapped asset here—it offers room for expansion, a substantial garden, or outdoor storage in a part of the city where lots tend to be tighter.

The appeal is pragmatic. This is not a turnkey or polished home. It suits a buyer who values space to spread out outdoors, who is comfortable with a smaller interior, and who sees potential in a structure that’s been around for nearly 80 years. It would work well for someone handy, an investor looking to renovate and hold, or a buyer who wants land in a central, established neighbourhood without paying for a full-sized house they don’t need. The low assessed value relative to land size also suggests the building itself carries less weight in the price—meaning you’re mainly paying for the location and the lot.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city average, but close to the street average?
The city average ($390,100) includes many newer, larger homes across Winnipeg. On Logan Avenue, homes tend to be older and smaller, so the local average ($187,800) is far more relevant. This property’s value is driven more by its street and neighbourhood than by citywide trends.

2. The lot is bigger than most in Weston—what could that realistically mean for a buyer?
It gives you options that neighbouring properties don’t have: a larger backyard, room for a garage or workshop, or potential to subdivide if zoning allows (though that would need a permit check). It also means less noise and more privacy from immediate neighbours than a typical narrow lot would provide.

3. Is a 700-square-foot living area practical for daily life?
It depends on your lifestyle. It’s well-suited for one person or a couple who spends most of their time outdoors or in shared spaces. Families or those who work from home would likely find it tight. The layout is not described here, but older homes of this size often have separate rooms rather than open concept, which can actually feel more spacious than the square footage suggests.

4. Does being built in 1945 mean major issues are likely?
Not necessarily, but it does mean the house predates modern building codes. Common concerns in homes of this era include older wiring, potential lead paint, and less insulation. A thorough inspection is important, but many 1940s homes in Winnipeg have been updated over the decades. The fact that it’s still standing and assessed in line with its neighbours suggests it’s been maintained, not neglected.

5. How does this property compare to similar-priced homes in Winnipeg?
At $148,000 assessed, it’s well below the city median. Most homes in that price range are either smaller (in terms of land) or in less central neighbourhoods. Here, you get a relatively large lot in an established area close to downtown and the Perimeter, which is unusual at this price point. The trade-off is a small, older house that will likely need work.