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1863 Ross Avenue W

BasementNoPoolNoGarageNoneBuilding TypeOne Storey

Rankings

MetricSame streetSame areaCity-wide
Land Area
3,894 sqft
Top 32%121/380
Top 41%434/1048
Top 76%147890/194458

1863 Ross Avenue W: For Land Area. On Ross Avenue W, around averageTop 32%, rank 121 of 380, and comparable homes in that group average about 3,468 sqft. in Brooklands, around averageTop 41%, rank 434 of 1048, and comparable homes in that group average about 3,662 sqft. citywide, below averageTop 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
Top 62%654/1048
Top 72%139923/194458

1863 Ross Avenue W: For Year Built. On Ross Avenue W, around averageTop 42%, rank 158 of 380, and comparable homes in that group average about 1942. in Brooklands, around averageTop 62%, rank 654 of 1048, and comparable homes in that group average about 1964. citywide, below averageTop 72%, rank 139923 of 194458, and comparable homes in that group average about 1966.

Living Area
765 sqft
Top 80%303/380
Top 72%750/1048
Top 93%180878/194458

1863 Ross Avenue W: For Living Area. On Ross Avenue W, below averageTop 80%, rank 303 of 380, and comparable homes in that group average about 1,020 sqft. in Brooklands, below averageTop 72%, rank 750 of 1048, and comparable homes in that group average about 920 sqft. citywide, below averageTop 93%, rank 180878 of 194458, and comparable homes in that group average about 1,342 sqft.

Assessed Value
150k
Top 74%280/380
Top 82%859/1048
Top 97%188492/194458

1863 Ross Avenue W: For Assessed Value. On Ross Avenue W, below averageTop 74%, rank 280 of 380, and comparable homes in that group average about 200k. in Brooklands, below averageTop 82%, rank 859 of 1048, and comparable homes in that group average about 22.50k. citywide, below averageTop 97%, rank 188492 of 194458, and comparable homes in that group average about 390k.

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Sales History

Sold 9/202417.20k
MetricSame streetSame areaCity-wide
Sale price
17.20k
Top 63%238/380

Around average

same street Top 63%

Top 68%713/1048

Around average

neighbourhood Top 68%

Top 95%184791/194458

Below average

Winnipeg Top 95%

Sold 10/2019130k
MetricSame streetSame areaCity-wide
Sale price
130k
Top 87%330/380

Below average

same street Top 87%

Top 92%966/1048

Below average

neighbourhood Top 92%

Top 98%191175/194458

Below average

Winnipeg Top 98%

Highlights & common questions: 1863 Ross Avenue W, Winnipeg

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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