1606 Ross Avenue W – Property Summary
Key Characteristics & Buyer Profile
This is a 750 sqft home built in 1921 on a 2,598 sqft lot, with an assessed value of $125,000. It sits in the Weston neighbourhood of Winnipeg. The property is smaller than average in every category—living area, land area, and assessed value—when compared to its street, neighbourhood, and citywide peers. The year built is roughly average for the street and area, though older than most homes citywide.
Where the appeal lies: The main draw here is affordability. With an assessed value well below both the neighbourhood and city medians, this property is likely one of the more accessible entry points in Weston. The land area is slightly more competitive relative to its street and neighbourhood than the living area is—meaning the footprint isn't unusually tight compared to nearby lots, even if the house itself is compact. For someone looking for a smaller, older property with a manageable yard, this could offer a practical starting point.
Who it suits: First-time buyers working with a limited budget, or investors seeking a low-cost rental or flip in a modestly-priced area. It may also appeal to buyers who aren't concerned with square footage and prefer a smaller home for lower maintenance and utility costs. It's less suited to families needing space or anyone looking for a move-in-ready property with modern finishes—those expectations would likely exceed what this home offers at its price point.
Five Frequently Asked Questions
1. How does the assessed value compare to similar homes in the area?
The assessed value of $125,000 is well below the street average of $200,400 and far below the citywide average of $390,100 for comparable homes. It's ranked near the bottom citywide (top 99%), making it one of the lower-valued properties in Winnipeg.
2. Is the property considered old, and how does its age affect maintenance?
The home was built in 1921, which is around average for the street and neighbourhood—meaning many nearby homes are similar vintage. However, it's older than most citywide (average year built is 1966). Buyers should expect the typical considerations of an older home: possible updates needed for electrical, plumbing, insulation, and foundation.
3. What does the living area of 750 sqft mean in practical terms?
It's smaller than 82% of homes on the same street and 71% in the neighbourhood. This generally means a compact layout—likely one or two bedrooms, a single bathroom, and modest living spaces. It's suited for singles, couples, or as a rental unit, but will feel cramped for larger households.
4. How does the lot size compare, and is there outdoor space?
The land area is 2,598 sqft, which is around average for the street and neighbourhood but significantly smaller than the citywide average of 6,570 sqft. You'll have a manageable yard, but don't expect a large garden or space for major additions. It's typical for the area.
5. What is the neighbourhood (Weston) generally like for resale or long-term value?
Weston is an older, established area with a mix of similar vintage homes. Properties here tend to be more affordable than many Winnipeg neighbourhoods. Based on the rankings, this home sits in a lower-value tier even within Weston, so resale value will depend on future improvements and overall market conditions in the area. It's not a high-appreciation neighbourhood, but entry costs are low.