Property Overview: 1991 Ross Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic one-storey home in the Brooklands neighbourhood, built in 1930 and situated on a generous 5,197 sqft lot. Its key appeal lies in its solid foundation and the significant potential it presents. The home features a functional 1,087 sqft living space and a detached garage, but the basement is noted as unrenovated, signaling an opportunity for customization.
The property’s strongest asset is its land. The lot size ranks in the top 6% on its street and the top 8% in Brooklands, offering ample outdoor space rare for the area. While the home itself is older, its assessed value ranks highly city-wide (top 14%), suggesting the property is viewed as a substantial asset. It would suit a practical buyer looking for a long-term project—someone who values space and location over immediate move-in readiness. This could be a first-time buyer with renovation skills, an investor seeing land value, or a household planning a future expansion or rebuild, willing to invest sweat equity into a home on a prime lot.
Section 2: Frequently Asked Questions
1. What does "basement, not renovated" typically mean for a home of this era?
It usually indicates a functional but unfinished or dated space. Expect a concrete foundation, basic utilities, and likely older finishes. It’s a blank canvas but may require addressing moisture protection or insulation to modern standards.
2. The home sold for more in 2021 than its current assessed value. What does that indicate?
This isn’t uncommon. The 2021 sale price reflects the market at that specific time, while the assessed value is for municipal tax purposes. It suggests the property has proven marketability, but the current assessment may align closer with a longer-term average or reflect a conservative valuation of its unrenovated state.
3. How significant is the lot size here?
Very. A lot over 5,000 sqft in this established neighbourhood is a standout feature. It provides privacy, room for gardens, play areas, or additions that smaller, newer lots cannot accommodate, forming a core part of the property’s long-term value.
4. The year built is 1930. What should I be most concerned about?
Key focus areas for a home of this age include the condition of the roof, wiring, plumbing, and insulation. A thorough inspection is essential to understand the scope of any needed updates, from cosmetic fixes to major system overhauls.
5. Who is this neighbourhood, Brooklands, best suited for?
Brooklands is a mature, no-frills community with strong transit access and local amenities. It suits buyers looking for affordability and convenience within Winnipeg, who prefer established neighbourhoods with a community feel over newer suburban developments.