1542 Logan Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,047 sqft home built in 1946, sitting on a 4,246 sqft lot in the Weston neighbourhood of Winnipeg. Its standout feature is the land: ranked in the top 18% within Weston and the top 17% on Logan Avenue. That’s a notably larger lot than typical for the street (3,664 sqft average) and the neighbourhood (3,269 sqft). The living area is also above average compared to nearby homes, though it falls slightly below the citywide typical size.

The assessed value is low—136k—ranking in the bottom 2% citywide. That’s well under the Weston average of 184.7k and far below Winnipeg’s 390.1k median. The year built (1946) is older than most homes citywide, but actually newer or comparable to many others in Weston, where the average build year is 1937.

Who it might suit: Buyers who prioritize outdoor space over interior square footage. The generous lot and low assessed value make this a candidate for someone willing to invest in renovations or a long-term hold where land appreciation matters more than the current structure. It’s less suited for someone seeking a turnkey, low-maintenance property or a prime citywide location. First-time buyers with some sweat equity to contribute, or investors looking for a value-add opportunity in a mature neighbourhood, could find it interesting.

Five Possible FAQs

1. Why is the assessed value so low compared to the citywide average?
The home is older (1946), and its living area is smaller than the typical Winnipeg house (1,342 sqft average). Assessed value reflects both condition and market comparables—older homes with smaller interiors in lower-demand pockets of the city tend to carry lower assessments. That doesn’t necessarily mean it’s a bad buy, but it signals a different price point than newer or larger homes elsewhere.

2. How does the lot size actually affect daily use?
At 4,246 sqft, the lot is noticeably larger than the street average. That extra space could mean a bigger backyard, room for a garden, a workshop, or even potential for a future addition—depending on zoning. It’s useful to check local bylaws before assuming you can build on it, but the land alone offers flexibility many neighbouring properties don’t.

3. Is the neighbourhood (Weston) generally considered up-and-coming or stable?
Weston is an older, established area with a mix of post-war and earlier housing. It’s not a trendy hotspot, but it’s not in decline either. Prices and demand have been relatively steady. Buyers often pick it for affordability and lot size rather than nightlife or new development. It’s worth visiting at different times to get a feel for the street’s character.

4. What should I look for given the 1946 build year?
Homes from that era often have solid bones (old-growth lumber, brick or masonry) but may need updates to electrical, plumbing, insulation, and windows. Check for original knob-and-tube wiring, lead pipes, and asbestos in insulation or flooring. A thorough home inspection is essential, especially if you’re planning major renovations.

5. How does this property compare to others currently for sale in Weston?
It offers more land than most listings in the area and a lower assessed value than the neighbourhood average. You’re essentially trading some interior space and modernity for a larger outdoor footprint and a lower entry price. If you filter recent sales specifically by lot size, this one stands out.