Property score
42.2
Below average
Overall 42.2 · Smaller but newer than most nearby homes
657 sqft (bottom 13%) · Built in 1962 (25 yrs newer than avg)
Located in a above-average income area with median household income of ~77.5k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 3 parks nearby
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Above average
25 yrs newer than neighborhood avg.
Mother tongue
English · 59%Tagalog · 26%
Past 10 years Weston sales snapshot (~80% of all data)
682
202.5k
$245/sqft
1937
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
42.2 is composed by the two sections below.
Property Score
Community Score
Weston
How to read: Share of sales in each ~$50k price band for “weston” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110148
$78K
Median household income
$83K
Average household income
18%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
12%
Single-person households
30%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
1501 Elgin Avenue W — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 404 m), 2 education (nearest 217 m), 1 healthcare (nearest 375 m).
Weston · WPS public data · 2026
Annual incidents
66
2026
vs. city avg
+124%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Other
35%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 25% | Top 24% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a compact, mid-century home in Winnipeg’s Weston neighbourhood, built in 1962. With 657 square feet of living space on a 2,597 sqft lot, it’s significantly smaller than both the street and city averages. That’s the key trade-off: the home is in the top 11% of the neighbourhood for age (older construction, often with better bones and character), and its assessed value of $187,000 sits right around the local average—meaning the price reflects the size, not a premium for the era.
The appeal is for someone looking for a lower-entry point in an established area, or a buyer who values a smaller footprint and is willing to sacrifice square footage for a more manageable property. It’s not a “starter home” in the glossy sense; it’s a practical, no-fuss option that might suit a single person, a couple, or someone looking to renovate a solid older structure without paying for land they don’t need. The land area is below average on the street and citywide, but around average for the neighbourhood—so you’re not getting a massive yard, but you’re also not paying for unused space.
1. Is the assessed value a realistic purchase price, or should I expect a gap?
The assessed value ($187k) is near the street and neighbourhood averages, which suggests the property is priced in line with its immediate peers. However, assessed values and market prices don’t always align—especially for an older, smaller home. You’d want to compare it to recent sales on similar-sized lots in Weston, not just citywide averages.
2. Why is the living area ranked so low citywide (top 98%) but only top 87% locally?
Citywide, there are many larger newer homes, so 657 sqft looks very small. But in Weston, the average home is 936 sqft—so while the property is still below average locally, the gap is less extreme than compared to the city as a whole. That means it’s typical for the neighbourhood, not an outlier.
3. What does “above average” for year built mean in practical terms?
The home was built in 1962, which is newer than most on the street (average 1932) and in the neighbourhood (average 1937). That’s generally a plus, as it means the structure is from a period with better insulation and electrical standards than pre-war homes, but still before the trend toward mass-produced suburban builds in the 1970s.
4. How does the land-to-living-area ratio affect usability?
The lot is 2,597 sqft with a 657 sqft home—a ratio of about 4:1. That’s tighter than the neighbourhood average (roughly 3,269 sqft lot to 936 sqft home, a 3.5:1 ratio). You’ll have a modest yard, but not much buffer for additions or large gardens. It’s more of a low-maintenance outdoor space than a sprawling lot.
5. Who would not be a good fit for this property?
Families needing multiple bedrooms or a large backyard, or anyone hoping for an open-concept layout without major renovation. Also, buyers looking for a “move-in ready” home with modern finishes may find the 1962 construction requires updates—though the age is an advantage structurally, not aesthetically.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
