1574 Ross Avenue W – Property Summary
Key Characteristics & Buyer Profile
This is a compact, older home in Winnipeg’s Weston neighbourhood with a 634 sqft living area on a 2,597 sqft lot, built in 1906. Its assessed value sits at $132,000.
Where the appeal lies: This property is priced well below the citywide average assessed value ($390,100) and even below neighbourhood averages ($184,700). The land-to-building ratio is favourable—the lot is decently sized relative to the small house, which matters more to some buyers than others. The home is among the oldest in its street and neighbourhood (top 92% for age), which can mean solid original construction but also likely needs updating. The land area ranks around the middle of the neighbourhood (top 60%), so the lot is not unusually cramped by local standards.
What’s less obvious: The street-level rankings for living area and assessed value are very low (top 94% and 85% respectively), but citywide comparisons are even starker—this property outperforms just 1% of properties citywide on living area and 2% on value. That means the neighbourhood itself is affordable relative to the city as a whole, but this specific home is also small and low-valued even within Weston. This isn’t a “hidden gem” by numbers—it’s a genuine entry-level or investment-grade property where the price reflects the size and age.
Who it suits:
- First-time buyers priced out of larger or newer homes elsewhere in Winnipeg
- Investors looking for a low-cost entry into a working-class neighbourhood, possibly for a rental or flip requiring substantial work
- Buyers who prioritize lot size over living space and are open to an older home that may need renovations
- People who value neighbourhood character and are not looking for a modern suburban layout
Frequently Asked Questions
1. How does this home compare to others on Ross Avenue?
On its own street, it’s smaller and older than most, with lower assessed value. Out of 380 homes, it ranks near the bottom in living area (#356) and assessed value (#323). The typical neighbour has a home built around 1942, closer to 1,020 sqft, and valued around $200,400.
2. Is this property a good deal for the price?
Relative to the city overall, yes—$132,000 is well below the average across Winnipeg. But within the neighbourhood, it’s on the low end. Whether it’s a “deal” depends on condition. If it’s livable as-is, it’s priced competitively. If it needs major work, the savings may be offset by repairs.
3. How old is the house, and what does that mean practically?
Built in 1906, it’s one of the oldest homes in Weston and in the city. Older homes often have sturdy framing, character details, and larger lots relative to their footprint. But you should expect aging systems (plumbing, electrical, foundation, roof) unless they’ve been updated. A thorough inspection is essential.
4. Is the lot size considered small or large for the area?
The 2,597 sqft lot is just below the neighbourhood average of 3,269 sqft (top 60%), so it’s around average for Weston. Citywide, it’s much smaller than typical (6,570 sqft average, top 94%), but lots in inner-ring neighbourhoods tend to be modest. For a 634 sqft home, the lot offers some outdoor space without being oversized.
5. What’s the neighbourhood like, and is it up-and-coming?
Weston is an older, inner-city Winnipeg neighbourhood with a mix of postwar and prewar housing, close to the Assiniboine River and downtown. It’s historically working-class and has seen some reinvestment in recent years, but it’s not a high-demand area like Wolseley or River Heights. The rankings show it remains an affordable pocket of the city, which can appeal to buyers looking for entry-level prices or long-term holds, but gentrification is not guaranteed.