1635 Elgin Avenue W – Property Summary

Key Characteristics and Buyer Profile

This is a 1,152 sqft home built in 1923 on an exceptionally large 6,571 sqft lot in Winnipeg’s Weston neighbourhood. The property’s main draw is its land: it ranks in the top 3% on its street and top 1% in the area for lot size. The land area is nearly double the street average (3,608 sqft) and more than double the neighbourhood average (3,269 sqft). The living area is above average for the neighbourhood but falls slightly below the citywide average for comparable homes.

Its assessed value sits at $200,000, which is around average for the street and neighbourhood, but well below the citywide average of $390,100. This reflects both the modest living space and the older construction, while the land value remains underrecognized in the assessment. The year built (1923) is older than most homes on the street and in the area, but not unusually so for a character neighbourhood.

Appeal and buyer profile: This property is not for someone seeking a turnkey, move-in-ready home with modern finishes. It suits buyers who prioritize space—outdoor space in particular—over a new or updated interior. Think gardeners, families who want room for a workshop or play structure, or investors who see the land as the asset. The house itself may need updating, but the lot offers flexibility: potential for an addition, a garage, or simply breathing room that most nearby properties lack. It would also appeal to buyers who want to be in Weston without paying a premium for a fully renovated house.

Five FAQs

1. How does the assessed value ($200k) compare to similar homes?
It's around average for the street and neighbourhood, but far below the citywide average ($390k). This suggests the land value isn't fully reflected in the assessment, possibly because the house itself is older and the living area is modest. For a buyer, this could mean lower property taxes relative to the lot size.

2. What’s the condition of a 1923 home?
That depends on the specific property, which isn't detailed here. Generally, homes from this era may have original plaster walls, knob-and-tube wiring, or dated plumbing. They often have solid construction (e.g., brick or thick lumber) but will likely need updates. A thorough home inspection is essential.

3. Is the large lot usable right away?
At 6,571 sqft, it's roughly 0.15 acres. It's larger than most lots in Weston but within city norms. It's likely fully useable but may have mature trees, old fences, or uneven grading. Zoning and setback rules will affect what you can build or add, so check with the city if you're planning an addition.

4. How does this home compare to others in Weston?
The home's living area (1,152 sqft) is above the neighbourhood average (936 sqft), but the year built (1923) is slightly older than average (1937). The big standout is the lot size, which is nearly double the neighbourhood average. So you're getting more land than most nearby houses, in a home that's a bit roomier but also older.

5. Who would this not be a good fit for?
It’s not ideal for someone who wants a low-maintenance, recently renovated home in a newer subdivision, or for a buyer on a tight timeline who can't handle renovations. It also may not suit someone who wants a compact yard—the lot size requires upkeep. It's best for buyers who value land and are prepared for an older home's quirks.