76 Ruth Crossing

Property Overview: 76 Ruth Crossing, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 76 Ruth Crossing in Waverley West B presents a distinct value-oriented profile. Its key characteristic is a significantly below-average assessed value of $146k, which is well under averages for the street, neighbourhood, and even the wider city. This suggests a potentially lower property tax burden and an accessible entry point into the market.

The appeal lies in its position as a practical, no-frills opportunity. It suits first-time buyers or investors seeking a foothold in Winnipeg with minimal upfront capital. The lot size, while below neighbourhood averages, is efficiently sized and typical for newer suburban developments. A thoughtful perspective is that this property may represent a "blank canvas" – its value is primarily in the land and structure, allowing the next owner to add value through updates or personalization without the premium of a turn-key home. It’s less suited for those seeking established, spacious lots or immediate move-in condition without any projects.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than nearby homes?
The assessed value is for municipal tax purposes and is often based on mass appraisal techniques and older data. A value this far below recent sale prices of similar homes is common for newer subdivisions or properties that haven’t been reassessed recently. It does not necessarily reflect current market value.

2. What does the ranking data actually tell me?
The rankings compare this home to "comparable" properties in different areas. For example, being ranked #151 out of 150 in the neighbourhood means its assessed value is the lowest among the comparison group. This highlights its value position but doesn't comment on the home's specific condition or features.

3. How can I find out what this house actually sold for?
The site does not publish exact sale prices from the MLS. You must request a manual lookup by email, as noted on the detail page. The provided "reference" properties with assessed values are for tax comparison only, not sale price history.

4. The land area seems small compared to the neighbourhood average. Why?
The neighbourhood average of ~13,000 sqft includes a wide variety of lot sizes, likely from older phases. This property’s lot is more consistent with newer, denser suburban development on Ruth Crossing, where the street average is a more relevant 2,818 sqft.

5. Is the lack of listed living area or year built a concern?
Not necessarily. This data is often missing from public records for very new homes or requires manual compilation. The note to "open the neighbourhood analysis page" suggests more detailed comparison tools are available through the site's mapping feature.