Property Summary: 1934 Ross Avenue W, Winnipeg
Section 1: Overview & Appeal
This well-situated bungalow in Brooklands offers a compelling opportunity centered on its land and value. The key characteristic is its generous 5,193 sqft lot, which ranks in the top 10% for size on its street and the top 9% within the neighbourhood. This presents a significant canvas for gardening, expansion, or future development, setting it apart from many comparable properties. The home itself is a modest 936 sqft one-storey layout with a renovated basement, suitable for comfortable living or as a starter footprint. A detached garage adds practical storage or workshop space.
The primary appeal lies in its value proposition and potential. With a relatively low assessed value and a recent sale price well below city averages, it represents an accessible entry point into the Winnipeg market. It particularly suits first-time buyers, investors, or handy individuals seeking a property where the land is a major asset. The value allows for financial flexibility to update the living space over time. A thoughtful perspective is that while the living area is compact by city-wide standards, it is actually around average for the Brooklands area, suggesting a home well-sized for its community context. This isn’t a luxury finish, but a solid foundation with room to grow.
Section 2: Frequently Asked Questions
1. Is the large lot size typical for the area?
No, it’s a standout feature. The lot is significantly larger than the average for both Ross Avenue W and the broader Brooklands neighbourhood, placing it in the top 10% locally.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope or finishes. This is a key detail to clarify with the seller or agent to understand if it’s a living space, recreational area, or simply updated utilities.
3. How does the assessed value compare?
The assessed value is above average for the immediate street but below the Winnipeg city average. This often indicates a property that may offer more value relative to its specific location.
4. Would this be a good investment property?
Its lower price point and desirable lot size could make it a candidate for rental investment or future value appreciation, especially for an investor comfortable with a property that may require updates.
5. The home was built in 1957. What should I consider?
While the building’s age is around average for the area, a home of this vintage may have original systems (like plumbing or electrical) that could need evaluation or updating, even with a renovated basement.