1488 Ross Avenue W – Property Summary

Key Characteristics & Ideal Buyer Profile

This is a 911 sqft home built in 2016 on a 2,597 sqft lot, with an assessed value of $297,000. The property’s main appeal lies in how new it is relative to its surroundings. In the Weston neighbourhood, where the average home was built around 1937, this house is nearly 80 years newer. That makes it one of the newest homes on the street (top 4%) and in the area (top 3%).

The trade-off is land. The lot is smaller than average for the street, neighbourhood, and city. You’re getting a compact footprint, not a yard that rivals older homes in the area. The assessed value is strong locally—top 9% on the street, top 4% in Weston—but falls below the citywide average of $390k, reflecting both the smaller lot and the neighbourhood’s price range.

This home suits buyers who prioritize low-maintenance, modern construction over a large yard or older character. It would work well for someone who values efficiency, doesn’t need a big lot, and wants to avoid the renovations and updates typical of older Winnipeg homes. It could also appeal to investors or first-time buyers looking for a relatively new build in an established, older neighbourhood where similar inventory is scarce.

Frequently Asked Questions

1. How does the smaller lot affect everyday living compared to other homes on the street?
You’ll have less outdoor space for gardening or large gatherings, but upkeep is minimal. Many neighbours on Ross Avenue have larger, older lots that require more maintenance. If you prefer a manageable yard, this is a plus rather than a downside.

2. Why is the assessed value high locally but low citywide?
The home’s assessed value reflects its modern build and condition relative to much older homes in Weston. Citywide, however, Winnipeg includes many larger, more expensive properties in newer suburbs, which pulls the average up. The local ranking shows strong demand for a new home in this specific area.

3. Are there any drawbacks to a 2016 build in this neighbourhood?
Generally no—newer construction means better insulation, modern systems, and lower immediate repair costs. However, the house may not have the same soundproofing or solid old-growth materials found in pre-war homes. It’s a different kind of quality: practical and code-compliant rather than historic.

4. How does the living area compare to typical homes in Weston?
At 911 sqft, it’s slightly smaller than the neighbourhood average of 936 sqft. It ranks in the middle of the pack locally. It’s not spacious by city standards, but it’s very close to the typical size in this area, so you’re not sacrificing much floor space compared to nearby homes.

5. What kind of buyer would this house not suit?
Anyone looking for a large yard, a fixer-upper with investment upside from renovations, or a century home with character should look elsewhere. It’s also less ideal for families needing multiple large bedrooms or extensive storage, given the compact layout and lot size.