Property Overview & Key Characteristics

This is a compact, modern unit at 10-422 Ross Avenue in Winnipeg's Centennial neighbourhood. Built in 2013, it offers nearly 1,000 sqft of living space. Its primary appeal lies in its relative newness and strong standing within its immediate area. The data shows it is a newer-than-average home for its street and neighbourhood, ranking in the top tiers for year built. While its citywide assessed value is modest, this translates to a lower property tax burden, which is a key financial consideration. The unit does not have a basement, pool, or private garage.

This property would suit a first-time buyer, an investor, or a downsizer seeking a low-maintenance, modern home without the premium price tag of a newer single-family house. It’s a practical choice for someone who values being in a well-regarded neighbourhood (Centennial) and owning a contemporary structure, but who is comfortable with a smaller footprint and shared/common amenities typical of this building type.

Frequently Asked Questions

1. What type of building is this?
The listing does not specify a building type (e.g., condo, townhouse), but the address format and lack of private garage or basement suggest it is likely a condominium or apartment-style unit within a multi-unit complex.

2. How does this property compare to others in the area?
It stands out for its age. It ranks in the top 4% for year built in Centennial, meaning it is significantly newer than most comparable homes in the neighbourhood. Its living space is also above average for the area.

3. Why is the assessed value so much lower than the city average?
The assessed value is for the unit itself, not the land or the entire building complex. This is typical for condominiums. The lower assessment results in proportionally lower property taxes, which is a notable ongoing cost advantage.

4. What does the sale history indicate?
It last sold in November 2016 for $14,500, which is closely aligned with its current assessed value. This suggests a stable, non-speculative value history in recent years.

5. Are there any obvious drawbacks?
The listing confirms there is no private garage, basement storage, or pool. Buyers should inquire about on-site parking options, storage lockers, and the condo fee structure (if applicable) to fully understand the monthly costs and amenities.