1406 Ross Avenue W

Weston, Winnipeg

Property score

59.0

Fair

Overall 59.0 · Newer than most nearby homes

1,035 sqft (top 31%) · Built in 2020 (83 yrs newer than avg)

Located in a above-average income area with median household income of ~71k

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 parks nearby

Living Area

Near average

11% larger than neighborhood avg.

Year Built

Above average

83 yrs newer than neighborhood avg.

Mother tongue

English · 60%Tagalog · 21%

Past 10 years Weston sales snapshot (~80% of all data)

Sold Count

682

Median price

202.5k

$/sqft

$245/sqft

Avg build year

1937

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

59.0 is composed by the two sections below.

Property Score

57.2Fair
Living Area1,035 sqft52Fair
Year Built202097Excellent
Lot Size2,598 sqft28Low
Neighbourhood Sales Activity48Low

Community Score

61.6Fair
Household Income72Good
Education Level44Low
Housing Stress63Fair
Core Housing Need63Fair
Employment Health42Low

Neighbourhood Sales

Weston

How to read: Share of sales in each ~$50k price band for “weston” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110153

Community deep dive

$71K

Median household income

$80K

Average household income

23%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

20%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)643
Labour force participation rate58%
Median age36.0
Avg household size2.9
Unemployment rate16%
Population density7144 / km²

Households & income

Low income (LIM-AT, % pop.)23%
Single-person households20%
Couple families with children27%
Median household income (2020)$71K

Housing

Renter households32%
Condominium dwellings0%
Median dwelling value (owners)$198K

Diversity, education & language

Immigrants (share of pop.)38%
Visible minority50%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 60%
Mother tongue (2nd)Tagalog · 20%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,035 sqft
0255075100
Same streetTop 38%Same areaTop 31%CitywideBottom 30%
Same street · Ross Avenue W
#144 / 380
Top 38% · Avg 1,020 sqft
Same area · Weston
#546 / 1,736
Top 31% · Avg 936 sqft
Citywide · Winnipeg
#136,883 / 194,458
Bottom 30% · Avg 1,342 sqft

Tax-Assessed Value

Elite
357k
0255075100
Same streetTop 2%Same areaTop 1%CitywideBottom 49%
Same street · Ross Avenue W
#9 / 380
Top 2% · Avg 200.4k
Same area · Weston
#18 / 1,736
Top 1% · Avg 184.7k
Citywide · Winnipeg
#99,832 / 194,458
Bottom 49% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 3%

Lot Size

around average
2,598 sqft
0255075100
Same streetBottom 40%Same areaBottom 44%CitywideBottom 7%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

1406 Ross Avenue W — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 248 m), 2 parks (nearest 168 m).

Search radius
🏫Education1
🌳Parks2

Crime & Safety

Weston · WPS public data · 2026

Annual incidents

66

2026

vs. city avg

+124%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Other

35%

Full crime data for Weston →Winnipeg crime overview →

Sales History

Sold 11/2020CA$350k–400k
Sold price

Same street

Top 4%

Same area

Top 3%

City-wide

Top 45%

Related homes

Highlights & common questions: 1406 Ross Avenue W, Winnipeg

1406 Ross Avenue W — Property Summary

Key Characteristics & Buyer Profile

This home is a 1,035-square-foot residence built in 2020, situated on a 2,598-square-foot lot in the Weston neighbourhood of Winnipeg. Its standout feature is the sharp contrast between its modest living area and land size versus its high assessed value and very recent construction.

On the street and in the neighbourhood, the home ranks in the top 2% and top 1%, respectively, for both assessed value and year built. The assessed value ($357,000) sits well above the street average ($200,400) and the neighbourhood average ($184,700). Locally, this is an elite property in terms of quality and condition. However, citywide, the assessed value is closer to average relative to comparable homes, and the land area is notably small—ranking in the bottom 7% across Winnipeg.

The appeal here is less about space and more about efficiency, modern finishes, and relative affordability within a well-located older neighbourhood. Buyers who would suit this property include first-time homeowners looking for a turnkey home with no immediate renovation needs, downsizers who want a newer build without a large yard to maintain, or investors targeting properties with strong local value retention. It is less suitable for buyers seeking a large lot, a family-sized yard, or a home that stands out on square footage alone.


Five Possible FAQs

1. How does the property's small lot affect its value or desirability?
The lot is below average for the street, neighbourhood, and city. In an area like Weston, where many homes have deeper or wider lots, this can be a limitation for buyers wanting outdoor space. On the other hand, the smaller lot keeps maintenance low and is consistent with the home's overall compact, modern footprint. The high assessed value suggests the market currently does not penalize the lot size heavily.

2. Why is the assessed value so much higher than neighboring homes when the square footage is similar?
The home was built in 2020, while the average home on the street was built in 1942. Newer construction typically commands a premium due to modern building codes, insulation, electrical, plumbing, and finishes. The assessed value likely reflects the cost to replace the building, not just its size.

3. How does this home compare to a typical starter home in Winnipeg?
Citywide, the living area is below average (1,035 sqft vs. 1,342 sqft), and the lot is significantly smaller. However, the assessed value sits near the citywide average for comparable homes. This means you are getting a newer, better-finished property for a similar price to an older, larger home elsewhere—a trade-off between age/condition and space.

4. Is the Weston neighbourhood considered up-and-coming or established?
Weston is an established inner-city neighbourhood with a mix of older housing stock. The presence of a 2020 build ranking in the top 1% for newness locally suggests new development is rare but valued. It is not a high-growth area citywide, but for a buyer looking for proximity to downtown or the Exchange District with a newer home, it offers a non-obvious value proposition.

5. What does "rank #9 out of 380" for assessed value actually mean in practical terms?
It means only eight other homes on Ross Avenue West have a higher assessed value than this one. In practical terms, it is one of the most valuable homes on the street, likely due to its newness. This can be a double-edged sword: it signals quality, but property taxes will be higher than most neighbours’, and future resale will depend on maintaining that status in a street of much older homes.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.