1568 Ross Avenue W – Property Overview
Key Characteristics & Buyer Profile
This is a 1,083 sqft home on a 2,597 sqft lot, built in 1909, with a current assessed value of $201,000. Compared to other homes on Ross Avenue West, the living space is above average—ranking in the top 29% for the street and top 23% for the Weston neighbourhood. The assessed value sits around the middle of the street and neighbourhood, but is notably low relative to the city as a whole (top 92%, meaning most Winnipeg homes are valued higher). The land is smaller than typical for the street and for Winnipeg overall, but roughly in line with neighbourhood averages.
The appeal here is practical rather than flashy. You get a home with decent interior space for the area, on a modest lot, at a price point that reflects the older construction and compact land size. It would suit buyers who are comfortable with an older home—likely needing updates or maintenance—and who prioritize square footage over yard space. First-time buyers or investors looking for a lower-entry property in an established neighbourhood like Weston may find it worthwhile. It’s less suited for anyone seeking a large lot, a newer build, or a home that already aligns with citywide median values.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
The living area is above average for both the street and neighbourhood—about 60 sqft larger than the street median and nearly 150 sqft larger than the Weston average. It’s smaller than the typical Winnipeg home, but that’s expected given the older housing stock in this part of the city.
2. Is the assessed value a reliable indicator of market price?
Assessed value is a rough benchmark, not a direct market price. This home’s assessment is slightly above the street average but well below citywide medians. In practice, sale prices can vary based on condition, renovations, and demand. It’s worth comparing recent sales in Weston rather than relying on citywide numbers alone.
3. What does the year built (1909) mean in practical terms?
The home is older than most on the street and in the neighbourhood. That often means original construction details, possible knob-and-tube wiring, cast iron plumbing, or lead paint—but also solid framing and character details. Buyers should budget for a thorough inspection and potential system upgrades. The age alone isn’t a dealbreaker, but it shifts the maintenance timeline.
4. Why is the land area considered below average?
At 2,597 sqft, the lot is smaller than the street average by about 870 sqft and well below the typical Winnipeg lot. In Weston, it’s close to the neighbourhood median, so it’s not unusual locally. The trade-off is less outdoor space and yard maintenance, but also a lower price point than homes with larger lots in the same area.
5. How useful are the street and neighbourhood rankings?
They give context, but they’re based on comparable homes in the same dataset—not necessarily identical properties. The “top 29% for living area on this street” means the home is larger than 71% of nearby homes, which is helpful for understanding relative value. Rankings on assessed value and year built are less informative for buyers who plan to renovate, since those numbers change after improvements.