Property Overview: 1816 Ross Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 1816 Ross Avenue W in Brooklands presents a practical opportunity, particularly for its land value and updated features. Built in 1993, it is a notably newer construction compared to most homes on its street and across Winnipeg, suggesting potentially fewer major age-related maintenance concerns. The home sits on a 2,600 sqft lot, which is a manageable size for the area, and includes a detached garage and a renovated basement.
Its primary appeal lies in its value proposition. The home's assessed value ranks above average for its immediate street, indicating it is viewed favorably within its most direct comparison group. The renovated basement adds functional living space to the 760 sqft main floor. This property would suit first-time buyers, downsizers, or investors looking for a lower-maintenance, newer build in a well-established neighborhood without a premium price tag. It’s a home that offers modern fundamentals on a decent lot, rather than expansive square footage.
Section 2: Frequently Asked Questions
1. How does the living space compare to other homes?
At 760 sqft, the above-ground living area is compact and below the average for both the street and the city. The renovated basement provides additional finished space, making the total usable area more competitive.
2. What does the assessed value ranking tell me?
The assessment ranks in the top 16% on its own street but below the citywide average. This suggests the property is a strong performer in its immediate, more modest context, which can be positive for property taxes and resale within the local market.
3. Is the lot size a pro or a con?
The 2,600 sqft lot is near the middle of the pack for Brooklands. It’s large enough for outdoor space and a detached garage but not oversized, which translates to less yard maintenance—a plus for some buyers.
4. The home sold for $190k in 2017. What does that indicate?
That sale price was around the neighbourhood average at the time. It provides a historical benchmark, but the renovated basement since then may add to the current value.
5. Who might this property not suit?
Buyers needing significant above-ground square footage, those prioritizing a huge yard, or anyone seeking a home that stands well above citywide averages in size and value may find other options more suitable. This is a grounded choice in its local context.