1619 Elgin Avenue W – Property Summary

Key Characteristics & Buyer Profile

This is a 1913-built home with 720 sq ft of living space on a 2,600 sq ft lot, currently assessed at $149,000. The property sits below average in size and value compared to its street, neighbourhood (Weston), and citywide benchmarks, but the gap is most dramatic at the city level—where the average home is nearly twice the size and more than double the assessed value. Its strongest relative position is within Weston itself, where it ranks in the top 75% for living area and top 72% for assessed value, suggesting it’s a fairly typical smaller home for the area.

The appeal here isn’t about space or prestige. It’s about affordability and age. A 1913 build puts it among the older homes in a neighbourhood that already skews pre-war, which may appeal to buyers who value character, solid original construction, or the potential to update a property with good bones. The small lot and modest square footage also mean lower maintenance and property taxes relative to newer or larger homes nearby.

This property would suit a first-time buyer looking for an entry point into Weston without stretching their budget, or an investor seeking a lower-cost asset in a stable inner-ring neighbourhood. It’s less suited to families needing room to grow or anyone expecting a move-in-ready home with modern finishes—those will likely be priced higher or located elsewhere.

Frequently Asked Questions

1. How does the property’s size compare to others in Weston?
It’s below average for the neighbourhood. The typical home in Weston has about 936 sq ft of living space and a 3,269 sq ft lot. This one has 720 sq ft and 2,600 sq ft respectively, so it’s compact even by local standards, particularly on lot size.

2. Why is the assessed value so much lower than the citywide average?
Winnipeg’s citywide average assessed value ($390k) is skewed by newer, larger homes in higher-priced areas. This property is in an older part of Weston with smaller lots and older housing stock, so its value aligns with its immediate context rather than the city as a whole.

3. Is a 1913 home likely to have any particular issues or advantages?
Homes from that era often have solid masonry or timber framing, but may lack modern insulation, electrical capacity, or plumbing. Foundation condition and lead paint are worth checking. The advantage is that older homes in Weston tend to be on established streets with mature trees and closer to amenities than newer subdivisions.

4. How do the rankings work—what does “Top 73%” actually mean?
It means the property outperforms 27% of comparable homes in that category (here, land area on the same street). A higher percentage is better. “Top 73%” is roughly the 27th percentile—below average, but not the lowest. The bar fill and colour give a quick visual of how it stacks up.

5. Is this property a good candidate for renovation or expansion?
The small lot (2,600 sq ft) limits expansion options. Check local zoning for setbacks, lot coverage, and whether a second storey is feasible. Renovation is more realistic than adding square footage—updating the interior, mechanicals, and finishes could improve value without needing more land.