| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Land Area 3,894 sqft | Top 32%121/380 Avg3,468 sqft Top 41%434/1048 Avg3,662 sqft Top 76%147890/194458 Avg6,570 sqft 1863 Ross Avenue W: For Land Area. On Ross Avenue W, around average — Top 32%, rank 121 of 380, and comparable homes in that group average about 3,468 sqft. in Brooklands, around average — Top 41%, rank 434 of 1048, and comparable homes in that group average about 3,662 sqft. citywide, below average — Top 76%, rank 147890 of 194458, and comparable homes in that group average about 6,570 sqft. | ||
Year Built 1950 (76 years ago) | Top 42%158/380 Avg1942 Top 62%654/1048 Avg1964 Top 72%139923/194458 Avg1966 1863 Ross Avenue W: For Year Built. On Ross Avenue W, around average — Top 42%, rank 158 of 380, and comparable homes in that group average about 1942. in Brooklands, around average — Top 62%, rank 654 of 1048, and comparable homes in that group average about 1964. citywide, below average — Top 72%, rank 139923 of 194458, and comparable homes in that group average about 1966. | ||
Living Area 765 sqft | Top 80%303/380 Avg1,020 sqft Top 72%750/1048 Avg920 sqft Top 93%180878/194458 Avg1,342 sqft 1863 Ross Avenue W: For Living Area. On Ross Avenue W, below average — Top 80%, rank 303 of 380, and comparable homes in that group average about 1,020 sqft. in Brooklands, below average — Top 72%, rank 750 of 1048, and comparable homes in that group average about 920 sqft. citywide, below average — Top 93%, rank 180878 of 194458, and comparable homes in that group average about 1,342 sqft. | ||
Assessed Value 150k | Top 74%280/380 Avg200k Top 82%859/1048 Avg22.50k Top 97%188492/194458 Avg390k 1863 Ross Avenue W: For Assessed Value. On Ross Avenue W, below average — Top 74%, rank 280 of 380, and comparable homes in that group average about 200k. in Brooklands, below average — Top 82%, rank 859 of 1048, and comparable homes in that group average about 22.50k. citywide, below average — Top 97%, rank 188492 of 194458, and comparable homes in that group average about 390k. | ||
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: colored length ≈ share of peers you outperform; vertical line ≈ median benchmark; white tick = your position. Badge tint: gold / blue / gray / dark gray for top ~1–5% / 5–30% / 30–70% / beyond.
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| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 17.20k | Top 63%238/380 Avg Around average same street Top 63% | Top 68%713/1048 Avg Around average neighbourhood Top 68% | Top 95%184791/194458 Avg Below average Winnipeg Top 95% |
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 130k | Top 87%330/380 Avg Below average same street Top 87% | Top 92%966/1048 Avg Below average neighbourhood Top 92% | Top 98%191175/194458 Avg Below average Winnipeg Top 98% |
Property Overview: 1863 Ross Avenue W, Brooklands, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1950 on a standard city lot in Winnipeg's Brooklands neighbourhood. Its key characteristic is its land value: the 3,894 sqft lot is larger than many in the immediate area and represents the primary asset. The home itself is compact at 765 sqft of living space, which is below average for the street and city. There is no basement, pool, or garage.
The appeal lies in its position as an affordable entry point, likely suited for land value or redevelopment potential. It is not a move-in-ready family home but a practical investment opportunity. The most recent sale price was exceptionally low, suggesting it may require significant renovation or is purchased for its lot.
This property would suit a specific type of buyer: a hands-on renovator looking for a footprint to expand, an investor considering future redevelopment in a transitioning area, or a buyer seeking the absolute lowest price point to enter the market, accepting the work required. Its value is in what it could become, not in its current state.
Section 2: Frequently Asked Questions
1. Why was the 2024 sale price so much lower than the 2019 price?
Such a significant drop typically indicates a change in the property's condition or circumstances, not just market fluctuation. It often points to the home being purchased "as-is," potentially for land value or major renovation, rather than as a habitable dwelling.
2. What does "no basement" mean for this home?
It means all mechanical systems (furnace, water heater) and living space are on the main floor. This can limit storage and potential for extra bedrooms or a suite, but it also eliminates concerns about basement moisture or flooding.
3. How does the lot size compare to newer homes?
At nearly 3,900 sqft, the lot is above average for its Brooklands street. Many newer suburban lots are narrower and deeper, but this lot size is still very workable and offers good outdoor space or expansion potential relative to the home's small footprint.
4. Is the low assessed value a good sign?
It reflects the city's valuation of the property in its current state, which is low. For a buyer, this means lower property taxes now. However, any significant improvement or rebuild will trigger a reassessment and higher taxes in the future.
5. What should I consider about the neighbourhood?
Brooklands is an established, no-frills neighbourhood. The appeal here is affordability and location relative to major routes. It's wise to research community plans or recent development trends on the street to gauge its long-term trajectory.
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