1554 Ross Avenue W – Property Summary
Key Characteristics & Buyer Profile
This 1912-built home offers 1,140 square feet of living space on a 2,597-square-foot lot. Its assessed value sits at $184,000.
Where the appeal lies: The living area is a standout feature. At 1,140 sqft, it ranks in the top 24% on its street and top 18% in the Weston neighbourhood—meaning it’s noticeably more spacious than many nearby homes from the same era. The assessed value, by contrast, is right around the street and neighborhood averages, which could indicate reasonable pricing relative to the extra square footage. The lot is on the smaller side (bottom 23% on the street, bottom 6% citywide), which is typical for a century-old home in an older, denser part of Winnipeg.
What it suits: This property likely appeals to buyers who prioritize interior space over yard size—first-time buyers, small families, or investors looking for a solid, functional home in an established neighborhood. The older construction (below average age even for Weston) may attract someone interested in character features or willing to take on updates, rather than someone seeking a move-in-ready, low-maintenance property. It’s not a fit for buyers who want a large lot or a newer build.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The home’s assessed value of $184,000 is slightly below the street average of $200,400 and in line with the Weston neighborhood average of $184,700. Citywide, it falls well below the $390,100 average for comparable homes—reflecting both the older age of the building and the smaller lot size typical of this area.
2. Is the living area unusually large for a home this old?
Yes. At 1,140 sqft, it’s about 120 sqft above the street average and 200 sqft above the Weston average. Many homes built around 1912 in this part of Winnipeg are under 1,000 sqft, so this one offers a genuine space advantage without the premium you might expect for a larger newer home.
3. What should I know about the lot size?
The lot is 2,597 sqft—below average for the street (3,468 sqft) and well below the citywide average (6,570 sqft). This is common for older urban infill properties. It means less outdoor maintenance and a more compact footprint, but also limited room for additions, garages, or large gardens.
4. How much renovation or updating might this home need?
The data doesn’t speak to condition, only age. Built in 1912 and ranking in the bottom 8% citywide for year built, it’s safe to assume systems (plumbing, electrical, HVAC) and finishes may be original or significantly aged. Buyers should budget for inspections and potential updates, especially if the home hasn’t been recently modernized.
5. How does this home compare to others in Weston overall?
It’s a relatively strong option within the neighborhood. It ranks in the top 18% for living area and top 43% for assessed value, suggesting it offers more space than most nearby homes while remaining competitively priced. The main trade-off is the smaller lot and older construction, both of which are typical for Weston’s older housing stock.