19 Keewatin Street – Property Summary

Key Characteristics & Buyer Profile

This is a compact, older home on a modest lot in Winnipeg’s Weston neighbourhood. The living area is 689 square feet, which ranks among the smallest on its street and across the city. The house was built in 1921, making it one of the older properties on Keewatin Street, though within Weston the age is more typical. The lot measures 2,778 square feet—smaller than most on the street, but close to the neighbourhood average. The assessed value is $171,000, which is well below the street average of $259,100 but sits around the middle of the neighbourhood range.

The appeal here is straightforward: this is an entry-level price point in a city where the average comparable home is valued at $390,000. Buyers are paying for location and affordability, not space or modern upgrades. The property would suit first-time buyers, investors looking for a low-cost rental or flip, or someone who prioritizes a lower purchase price over square footage and lot size. It’s less suited to families needing room to grow or buyers seeking a move-in-ready home with contemporary finishes. The trade-off is clear—smaller than average in every dimension, but priced accordingly.

Five Possible FAQs

1. How does this property compare to others in Weston?
In the neighbourhood, this home is roughly average for assessed value and land area, but below average for living space. It ranks in the top 55% for value and top 46% for lot size, meaning you’re getting a fairly typical Weston property in terms of cost and land, just with a smaller footprint than most.

2. Why is the assessed value so much lower than the city average?
Citywide, the average comparable home is 1,342 square feet on a 6,570-square-foot lot, built around 1966. This home is older, smaller, and on less land, all of which pull its value down. The $171,000 assessment reflects the property’s physical characteristics, not necessarily its condition or recent renovations.

3. Is a 689-square-foot living area workable for a small household?
It depends on layout and lifestyle. For a single person or couple, this size can be comfortable if the floor plan is efficient. It becomes tight with children or if you work from home and need dedicated space. Buyers should view the property in person to assess storage, room arrangement, and ceiling height.

4. What does the “ranked #42 out of 43” on the street actually mean?
It means that out of 43 comparable homes on Keewatin Street, only one is smaller in living area. The ranking is based purely on square footage—lower rank means less space. The same logic applies to value, year built, and land area: a higher rank number means you’re closer to the bottom for that metric.

5. Should I be concerned about the 1921 build year?
Not necessarily, but it requires due diligence. Homes from that era often have solid construction and good bones, but may need updates to electrical, plumbing, insulation, and windows. A thorough inspection is recommended. The upside is that older homes in Weston can offer character and a lower purchase price compared to newer or renovated houses in the same area.