1518 Ross Avenue W – Property Summary
Key Characteristics & Buyer Profile
This is a 1914-built home with 1,180 sqft of living space on a 2,597 sqft lot, located in Winnipeg’s Weston neighbourhood. Its standout feature is interior space: the living area ranks in the top 14% locally and top 22% on the street, offering noticeably more room than nearby homes, which average around 1,020 sqft on the block and 936 sqft in the area. The assessed value sits at $161,000—roughly average for the street and neighbourhood, but well below the citywide median of $390,100. This suggests the property is priced closer to local norms rather than being a bargain or a premium listing.
The appeal here is straightforward: you get a larger-than-average floor plan in a modest, older home without paying a citywide premium. The trade-off is a smaller lot—below average both locally and citywide—and a build date that puts it among older homes in the area. This would suit a buyer who values indoor square footage over yard space, and who is comfortable with an older character home that may need updates. It could appeal to first-time buyers looking for more room per dollar, or to investors seeking a rental in a stable, working-class neighbourhood where entry costs are lower than citywide medians. It’s less suited for someone who wants a large lot, a newer build, or a property that stands out as undervalued relative to its immediate neighbours.
Five Possible FAQs
1. How does this home’s size compare to typical houses on this street?
It’s above average. With 1,180 sqft, it ranks 83rd out of 380 homes on Ross Avenue West—roughly in the top 22%. The average living area on the street is 1,020 sqft, so this property is about 16% larger than the typical home nearby.
2. Is the assessed value low for the neighbourhood?
Not particularly. At $161,000, it’s below the street average of $200,400 and the neighbourhood average of $184,700, but it ranks around the middle for both (top 67% on the street, top 62% in the area). The big gap is citywide: the median assessed value in Winnipeg is $390,100, so this home is cheaper than about 96% of comparable homes citywide. That’s mainly a reflection of the neighbourhood, not a sign the property is mispriced.
3. How old is the house, and is that a concern?
It was built in 1914, making it older than most homes on the street (average year: 1942) and in the neighbourhood (average: 1937). Citywide, the average build year for comparable homes is 1966, so this is firmly in the older bracket. Buyers should expect the maintenance considerations that come with a century-old house—older wiring, plumbing, and possible foundation issues are worth checking. That said, many homes in Weston are from this era, so it’s not unusual for the area.
4. What about the lot size—is it too small?
The lot is 2,597 sqft, which is below the street average of 3,468 sqft and well below the citywide average of 6,570 sqft. It’s a compact lot, typical of older inner-city infill. If you want a big backyard, garden, or space for additions, this likely isn’t the right fit. But if you prefer less outdoor maintenance or are looking for a smaller footprint, it could work.
5. How does this home rank compared to similar properties in the city overall?
Its living area is near the city median (ranked top 52% out of nearly 200,000 homes), so it’s about average for Winnipeg. The assessed value and land area, however, rank very low (top 96% and 94% respectively), meaning they are in the bottom tier citywide. The year built also falls in the older quarter of homes. So while the interior size is decent for the city, the lot, value, and age all skew below typical citywide standards. This makes it more of a local-value play than a standout property on a broader scale.