Property Overview
1929 Ross Avenue W is a compact, well-situated bi-level home in Winnipeg's Brooklands neighbourhood. Built in 2005, it stands out as a significantly newer construction compared to most homes on its street and in the wider area. The property features a 777 sqft living area, a full but unrenovated basement, and sits on a modest 2,596 sqft lot. Its most recent sale was in August 2021 for $26,700, and it currently holds an assessed value of $250,000.
Key Characteristics & Appeal
The primary appeal of this home lies in its modern build year within an established, typically older neighbourhood. Buyers gain the benefits of newer construction—such as potentially fewer major maintenance concerns in the near term—without the premium price of a brand-new home. The bi-level design offers clear separation between living and sleeping areas, and the full basement presents a blank canvas for future finishing.
However, this is a compact property. The living area is below average for the street, and the lot size is notably smaller than most in Winnipeg, limiting expansive outdoor space. This creates a specific value proposition: it suits buyers prioritizing a newer, efficient home footprint over sheer size. It would be an excellent fit for a first-time buyer, a downsizer, or an investor looking for a modern, low-maintenance rental property in a well-connected area. The appeal is practical and grounded in modern convenience rather than grandeur.
Frequently Asked Questions
1. Why is the assessed value ($250k) so much higher than the 2021 sale price ($26.7k)?
This significant difference strongly suggests the 2021 sale was not a standard, arms-length market transaction (such as a transfer between family members). The assessed value is intended to reflect the current market value for a typical sale.
2. What does "below average" lot size mean for me?
At 2,596 sqft, the lot is smaller than 94% of properties in Winnipeg. This means lower exterior maintenance but limited potential for additions, large decks, or extensive landscaping. It emphasizes the home's efficient use of space.
3. The home is newer, but the basement is "not renovated." What should I expect?
This typically means the basement is unfinished or in a very basic, rough-in state. While it offers valuable storage and future expansion potential, creating livable space will require a full investment in framing, insulation, flooring, and finishing.
4. How does the living space compare to the neighbourhood?
At 777 sqft, it's slightly below the Brooklands average but close to it. This indicates the home is reasonably aligned with the neighbourhood's scale of homes, though it is on the more compact end for its own specific street.
5. There's no garage. What are the parking options?
The listing indicates no garage, so parking would be limited to driveway space (if present) and on-street parking. It's important to verify the specific driveway capacity and review any city street parking regulations.