Here is a property summary for 1580 Logan Avenue, broken into two sections as requested.

1. Key Characteristics & Buyer Profile

This is a home that offers significant value through its land and its age, more than through its interior footprint. Built in 2004, it is considerably newer than most properties on Logan Avenue and in the broader Weston neighbourhood, where the average home dates to the 1940s. The land itself is a standout feature: at nearly 5,000 square feet, the lot ranks in the top 6% on the street. This combination of a modern house on an oversized lot is relatively rare in this part of the city.

The appeal here is practical rather than flashy. The assessed value ($262,000) sits well below the citywide average for comparable homes ($390,100), but it ranks very high within Weston (top 9%). This suggests the property is priced as a strong relative deal for the neighbourhood, even if it is not a bargain by absolute citywide standards. The living area (1,080 sqft) is above the local average but modest compared to newer suburban homes.

This property would suit a buyer who values outdoor space and a newer structure over a large finished interior. It is a strong fit for someone looking to live in an established, central Winnipeg neighbourhood without taking on a full-scale renovation project. It may also appeal to a buyer who sees long-term equity potential in a large lot that is currently underutilized relative to the house.

2. Frequently Asked Questions

1. How does the property’s size compare to other homes in the area?
The living area is slightly larger than the typical Weston home (1,080 sqft vs. 936 sqft average). The real size advantage, however, is the land—at 4,995 sqft, the lot is about 36% larger than the street average. The house itself is not large by modern suburban standards, but the lot offers more room than most.

2. Why is the assessed value relatively low compared to the citywide average?
The home’s assessed value of $262,000 is pulled down primarily by its location. While it ranks in the top 9% of Weston, the citywide average for comparable homes is $390,100. This reflects the fact that property values in this part of Winnipeg are generally lower than in newer, outlying subdivisions, despite the home itself being newer than most in the area.

3. Is the home considered “new” for this neighbourhood?
Yes. Built in 2004, it is one of the newest houses on Logan Avenue (top 15%) and in the Weston neighbourhood (top 8%). Most nearby homes date from the 1930s to 1950s. This typically means fewer immediate concerns with old wiring, lead pipes, or outdated foundations compared to the surrounding housing stock.

4. What is the practical benefit of the large lot?
Beyond the obvious potential for gardening, storage, or expansion, the deeper lot offers usable side and rear space that is uncommon on older city streets. It also provides more separation from neighbours than the typical narrow city lot. For a buyer interested in adding a garage, workshop, or extension, the land is already there.

5. How should a buyer interpret the “Top 63%” citywide living area ranking?
That ranking means the house falls roughly in the middle of the pack for living area when compared across all of Winnipeg. The average citywide home is 1,342 sqft. A buyer should not expect a spacious open-concept floor plan, but rather a functional, compact layout that is larger than many older bungalows in the immediate area. The value proposition is land and newer construction, not square footage.