Property Summary: 1472 Ross Avenue W

This write-up is based on the data provided. It focuses on the property’s current standing within its street, neighbourhood (Weston), and the broader city of Winnipeg.

Section 1: Key Characteristics & Buyer Profile

Key Characteristics

• Living Area: 1,074 sqft — slightly above the neighbourhood average (936 sqft) and roughly in line with other homes on the same street (average 1,020 sqft). Citywide, it falls below the average for comparable homes (1,342 sqft).
• Assessed Value: $185,000 — right around the neighbourhood average ($184,700) and street average ($200,400). This is significantly lower than the citywide average for similar homes ($390,100).
• Year Built: 1908 — older than most homes on its street, in its neighbourhood, and across the city. This is its most notable outlier.
• Lot Size: 2,597 sqft — smaller than the street average (3,468 sqft) and well below the citywide average (6,570 sqft). It is closer to typical for the Weston neighbourhood (3,269 sqft).

Where the Appeal Lies
The property’s strengths are local. It offers a living space that is competitive for the area, with an assessed value that matches what homes in Weston typically sell for. It is not unusually small or overpriced compared to its immediate neighbours. The main trade-off is the older construction year—which can mean character, established landscaping, and potentially lower property taxes, but also may require more upkeep or updates. The smaller lot is typical of older inner-city infill areas, not a red flag for the neighbourhood.

Type of Buyer This Would Suit
This home likely appeals to buyers who:

• Want to stay within a modest budget under $200,000.
• Are focused on living in the Weston area specifically, rather than seeking a citywide bargain or a large lot.
• Are comfortable with an older home and either have the skills or budget for maintenance and renovations, or appreciate the simpler footprint.
• Value square footage over outdoor space, or are willing to work with a smaller yard.
• Are first-time buyers or investors looking for an entry-level property in a stable, established working-class neighbourhood.

Section 2: Five Possible FAQs

1. How does the living space compare to other homes nearby?
It’s slightly above average for Weston and right around the middle for homes on Ross Avenue itself. Compared to the city as a whole, it’s on the smaller side. This suggests the property offers good value for someone who wants a bit more room than the typical Weston home, without paying a citywide premium.

2. The assessed value is $185,000. Is that low for the area?
It’s right in line with the neighbourhood average ($184,700) and close to the street average ($200,400). The number stands out only when compared to the citywide average ($390,100), but that includes much larger, newer homes in pricier areas. For Weston, this is a standard price point.

3. What does the 1908 build year mean practically?
Older homes often have solid construction but can come with older electrical, plumbing, insulation, and windows. Buyers should budget for potential upgrades and be aware that some materials (like lead paint or knob-and-tube wiring) may need addressing. On the flip side, 1908 homes often have useful features like thicker walls, high ceilings, and established trees that newer builds lack.

4. How does the lot size affect usability?
At 2,597 sqft, the lot is smaller than average for the street and city, but typical for Weston. This usually means less yard maintenance, but also less space for gardening, parking, sheds, or additions. It’s a solid fit for someone who prioritises indoor living or wants a low-maintenance outdoor area.

5. Should I be worried about the property’s citywide ranking being in the bottom percentiles?
Not necessarily. The citywide rankings are based on all homes in Winnipeg, including large, new, high-value properties in suburbs and newer developments. A property that is “below average” citywide can still be perfectly average or even above average for its own neighbourhood. The key is to compare it to homes on the same street and in Weston, where it holds its own in terms of size and value. The low ranking for age simply reflects that much of the city has newer stock—not that the home is in poor condition.