Property score
36.8
Below average
Overall 36.8 · Smaller than most nearby homes
550 sqft (bottom 2%) · Built in 1931 (6 yrs older than avg)
Located in a above-average income area with median household income of ~77.5k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 2 parks nearby
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Near average
6 yrs older than neighborhood avg.
Mother tongue
English · 59%Tagalog · 26%
Past 10 years Weston sales snapshot (~80% of all data)
682
202.5k
$245/sqft
1937
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
Free · No credit card required
36.8 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110148
$78K
Median household income
$83K
Average household income
18%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
12%
Single-person households
30%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
1578 Ross Avenue W — 7 amenities found within 500 m, across 6 categories, including 1 dining (nearest 429 m), 1 education (nearest 113 m), 1 healthcare (nearest 243 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 11% | Bottom 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 2% | Bottom 2% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 550 sqft home built in 1931 on a 2,597 sqft lot in Winnipeg’s Weston neighbourhood. Its assessed value is $116,000.
The property’s main appeal is its affordability and entry-level price point. It ranks in the bottom percentiles for living area, land size, and assessed value both on its street and citywide—meaning it’s among the smallest and least expensive homes available. For a buyer who prioritizes low cost over space, this is a rare find.
It would suit a first-time buyer with a modest budget, an investor looking for a low-cost rental or flip in a developing area, or someone willing to live small in exchange for a very low purchase price. The home’s age (1931) is around average for the street and neighbourhood, so it’s not unusually old for the area, but citywide it’s older than most. Buyers should expect original-owner-era maintenance and potential updates.
1. Is this a good investment property?
Potentially, but primarily for cash flow or land value, not appreciation in size. The low assessed value means low property taxes and a low entry cost. However, its small living area limits rental income compared to larger units in Weston. The land is small too—2,597 sqft—so redevelopment potential is limited unless nearby lots are combined.
2. How does the size compare to other homes in Weston?
It’s notably smaller. The neighbourhood average living area is 936 sqft, and the typical lot is 3,269 sqft. This property is about 40% smaller inside and on a lot that’s 20% smaller than the neighbourhood norm. It’s genuinely compact, even by local standards.
3. What is the typical condition of a 1931 home in this area?
Homes from that era in Weston vary widely. Some have been updated; others retain original wiring, plumbing, and foundations. The year-built ranking (around average for the street) suggests it’s not unusually old for its block, but citywide it’s older than 82% of homes. A thorough inspection focusing on the foundation, roof age, and mechanicals is strongly recommended.
4. Why is the assessed value so low relative to the city average?
The citywide average assessed value for comparable homes is $390,100. This property’s value ($116,000) is low primarily because of its small living area (550 sqft) and modest lot size. It’s not located in a high-demand area, which also keeps values down. The low assessment reflects the market’s view of the property’s utility and location.
5. What are the biggest trade-offs for a buyer?
You gain a very low purchase price and likely low monthly costs. You lose living space, yard space, and possibly some resale liquidity—small homes can take longer to sell. The home’s age may also mean higher ongoing maintenance relative to its value. It’s a choice that works best if your priority is minimizing upfront cost rather than maximizing space or future appreciation.
