Property Overview
This one-storey home on Ross Avenue W in Brooklands presents a straightforward opportunity centered on its land and location. Built in 1956, the 1,088 sqft house sits on a 3,898 sqft lot. The appeal here is practical: it’s a property with a solidly sized lot for the area, offering space and potential in a well-established neighbourhood. The recent sale price and assessed value are notably accessible, positioning it as an entry point into the Winnipeg market.
Its key characteristics suggest it’s a canvas rather than a finished product. The living space is above average for both the street and Brooklands, but the home itself likely requires modernization or may be suited for redevelopment, given the value is concentrated in the land. It would suit a first-time buyer looking for a live-in renovation project, an investor considering a hold-and-rent strategy, or someone seeking a modest home with generous outdoor space relative to the price. The data indicates you’re buying into a street and neighbourhood of similar-scale properties, offering stability rather than immediate luxury.
Frequently Asked Questions
1. Is this a good value compared to the rest of Winnipeg?
The data shows its sale price was below average for Winnipeg overall. This is typical for mature neighbourhoods like Brooklands and reflects a more accessible price point, not necessarily the property's condition or potential.
2. What does the "above average" lot size mean for this property?
The lot is in the top 26% on its own street for land area. This means you’re getting more outdoor space than many immediate neighbours, which could allow for additions, a larger garden, or future landscaping projects.
3. The assessed value seems low. Does that mean the taxes are very low?
Generally, yes. A lower assessed value typically correlates with lower municipal property taxes, which is a tangible ongoing cost saving for the owner.
4. The home is older. What should I budget for immediately?
While the specifics require a professional inspection, any home from 1956 will have aging core components. Budgeting for potential updates to roofing, wiring, plumbing, and windows is a prudent starting point.
5. Who are the typical neighbours or buyers in this area?
Based on the consistent scale and era of nearby homes, the area is likely a mix of long-term residents and newer owners who value the neighbourhood's established character and affordability. It appeals to those seeking community roots over a brand-new build.