1615 Ross Avenue W – Property Summary
Key Characteristics & Buyer Profile
This is a 978 sqft home on a 2,598 sqft lot, built in 1910 and assessed at $193,000.
Its main appeal is value relative to the neighborhood. The assessed price sits near the street and area averages, meaning it’s not overvalued compared to nearby homes—but it is well under the citywide median of $390k. The living area is slightly smaller than the street average (1,020 sqft) but above the neighborhood average (936 sqft). The lot is on the smaller side for the street and area, which keeps the price grounded.
The house is older than most surrounding properties (1910 vs. a neighborhood average of 1937), so it will appeal to buyers who appreciate vintage character or are willing to invest in updates. It’s less suited for someone seeking a move-in-ready modern home or a large yard. This property leans toward first-time buyers, investors looking for an affordable entry in Weston, or someone who values location over square footage and doesn’t mind an older structure.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
The assessed value of $193,000 is in the middle of the pack for Ross Avenue (ranked 189 out of 380) and slightly above the neighborhood average of $184.7k. Citywide, it’s well below average, which reflects both the smaller lot and the older age of the home.
2. Is the living area considered small for the area?
It’s slightly below the street average (1,020 sqft) but above the neighborhood average (936 sqft). Citywide, it’s below average—though many homes in central Winnipeg are larger. If you’re used to newer suburban houses, it will feel compact.
3. What does the year built mean for maintenance or upgrades?
At 1910, this is an older home. You can expect original construction materials and possibly outdated electrical, plumbing, or insulation. It ranks in the bottom 30% for age on the street and bottom 20% for the city. A thorough home inspection is wise, and you should budget for ongoing maintenance rather than assuming everything is up to modern code.
4. Why is the land area smaller than average?
At 2,598 sqft, the lot is smaller than both the street average (3,468 sqft) and the neighborhood average (3,269 sqft). This is common for older infill properties in Weston. It means less yard space, but also lower property taxes and less upkeep. If you want a garden or room for expansion, this lot may feel tight.
5. Who typically buys homes like this?
Buyers are often people new to the market, those looking for a lower-cost entry into a central neighborhood, or investors seeking a rental property with modest land value. It also suits someone who prefers an older home’s character and is willing to renovate over time. It’s less likely to attract families wanting a large backyard or a modern open floor plan.