1603 Ross Avenue W – Property Summary

Key Characteristics & Buyer Profile

This is a 913 sqft home built in 2018, sitting on a 2,598 sqft lot in Winnipeg’s Weston neighbourhood. Its standout feature is its newness: it ranks in the top 2% for year built on its street, in the neighbourhood, and citywide. Most nearby homes date from the 1940s. The assessed value of $302,000 is also notably strong for the area—top 8% on the street and top 4% in Weston—though it sits around the citywide average. The living area is slightly smaller than average for the street (where 1,020 sqft is typical) but slightly larger than the neighbourhood norm (936 sqft). The lot size is on the smaller side for all three scopes, particularly by city standards.

The appeal lies in getting a recently built, low-maintenance home in an older, established neighbourhood—offering modern construction without the tear-down or major renovation work that many nearby properties would require. The home’s value is high relative to its immediate surroundings, which may reflect its updated condition and finishes.

Who it suits: A buyer who wants a newer home in a central, mature area of Winnipeg, and is willing to trade lot size for a turnkey property. It could also suit an investor looking for a property with strong assessed value relative to neighbourhood averages, suggesting good rental or resale potential. Families or hobby gardeners wanting a large yard should look elsewhere—this is a compact lot.

Five Possible FAQs

1. Why is the assessed value so high compared to other homes on the street?
The home was built in 2018, while most houses on Ross Avenue W date from the 1940s. Newer construction typically commands a higher assessment due to updated systems, finishes, and energy efficiency. The $302,000 value is above the street average ($200,400) but still within citywide norms ($390,100 average).

2. How does the living area of 913 sqft compare to other homes in the area?
It’s a bit below the street average of 1,020 sqft but above the Weston neighbourhood average of 936 sqft. So it’s not large by city standards (where the average is 1,342 sqft), but it’s a typical size for the immediate area.

3. Is the lot of 2,598 sqft too small for Winnipeg?
It depends on your needs. By citywide standards, the lot is in the bottom 7%—most Winnipeg homes sit on much larger parcels. But in Weston and on Ross Avenue W, it’s close to average for the area, where lots are generally smaller to begin with. If you want a big yard for a garden or expansion, this isn’t it. If you want a manageable outdoor space with less upkeep, it works.

4. What does “Top 4%” for year built citywide actually mean?
Out of roughly 194,000 comparable homes in Winnipeg, this property is newer than 96% of them. Only about 8,400 homes in the city are newer. That’s an elite ranking—this is a very new house by Winnipeg standards.

5. How reliable are the rankings and “Avg” values shown in the data?
The rankings compare the property to similar homes within a given scope (street, neighbourhood, city). The “Avg” is described as a rough median benchmark, not a precise average. So these numbers give a good general sense of where the property stands—very strong on age and value, average on living area, and below average on lot size—but they aren’t official appraisal figures.