Property Summary: 1587 Ross Avenue W, Winnipeg
Key Characteristics & Buyer Profile
This is a home that stands out for its generous interior space relative to its immediate surroundings. At 2,000 square feet, it ranks in the top 2% on Ross Avenue W and the top 1% within the Weston neighbourhood—both well above average for those areas. In a city where comparable homes average 1,342 sq ft, this property offers notably more room indoors than most.
Its assessed value ($338,000) is also well above the street and neighbourhood averages ($200,400 and $184,700 respectively), ranking in the top 4% on the street and top 2% in Weston. However, citywide it sits near the middle, meaning you’re getting significantly more house than typical for the price tag.
The house was built in 1965, which places it newer than most homes on the street (average 1942) and in the neighbourhood (average 1937). The land area (3,465 sq ft) is close to average for the street and neighbourhood, but smaller than the citywide typical lot—so the interior square footage is the real draw here.
Appeal: The combination of a large, well-ranked living area and a mid-range citywide assessed value suggests good value for space. It’s a home that offers bragging rights locally without the premium of a top-tier citywide address. For buyers who prioritize interior room over lot size, this is a strong candidate.
Suitable buyers: Families or individuals who need generous indoor living space—perhaps multi-generational households, home office users, or those who entertain frequently. It would also suit buyers who want to be in a solid, above-average neighbourhood (Weston) without paying a top-tier citywide assessment. The 1965 build appeals to those open to mid-century construction, which often has solid bones and room for updates.
Five FAQs
1. How does this property compare to others on the same street?
It ranks #9 out of 380 homes on Ross Avenue W for living area (top 2%) and #14 for assessed value (top 4%). The average home on the street has roughly half the interior space (1,020 sq ft) and a lower assessed value ($200,400). This is one of the largest and most valuable homes on the block.
2. Is the lot size a concern?
The lot is 3,465 sq ft—close to the average on the street (3,468 sq ft) and in the neighbourhood (3,269 sq ft). But citywide, typical lots are nearly double that size (6,570 sq ft). So if you’re coming from a suburban area with large yards, this may feel snug. The trade-off is more indoor space in a denser, more central location.
3. What does the 1965 build year mean for maintenance or renovations?
A 1965 home is newer than most in Weston (average 1937) and on Ross Avenue W (average 1942). It’s not new, but it’s from a period when construction often used quality materials. You’ll likely need to check the roof, furnace, windows, and electrical—typical for a home this age—but you’re less likely to face issues common with pre-war houses (like outdated knob-and-tube wiring or foundation settling).
4. Is this a good value for the price?
Citywide, the average assessed value for comparable homes is $390,100—higher than this property’s $338,000. Yet this home ranks in the top 1% for living area in its neighbourhood. That means you’re getting a house with above-average space for below the citywide median price. It’s a strong value proposition if interior square footage is your priority.
5. Who would not want to buy this home?
Buyers seeking a large lot for gardening, expansion, or privacy may be disappointed—the land area is average locally but small by citywide standards. Also, if you prefer a newer build (post-2000) or a move-in-ready property with modern finishes, the 1965 age may require more updates than you’re prepared for. Finally, if you care about citywide prestige rankings, this home lands near the middle (58th percentile for assessed value)—impressive locally, but not a standout across all of Winnipeg.