Key Characteristics & Buyer Profile
This is a 1914 home with 969 square feet of living space on a 2,598-square-foot lot, located at 1424 Ross Avenue W in Winnipeg’s Weston neighbourhood. Its assessed value is $145,000.
The property’s main appeal is its affordability relative to the wider city. The assessed value is well below both the neighbourhood average of $184,700 and, especially, the citywide average of $390,100—ranking in the bottom 3% citywide. For a buyer focused on budget, that is the standout figure. The living area is close to the typical home on Ross Avenue and in Weston (both around 1,000 sqft), so there are no surprises there. The house is older than most in the city, but that fits the character of the street and neighbourhood, where the average home was built in the 1930s or 1940s.
The lot is smaller than average for the area, which is worth noting if you value outdoor space or have plans for additions. It’s a trade-off: less land to maintain, but also less room to expand.
Who it suits: First-time buyers on a tight budget, investors looking for a lower-cost entry into the market, or someone who prefers an older, established neighbourhood over newer suburban developments. It would work best for someone who is not expecting a lot of space or a large yard, and who values low purchase price above newer finishes or a prime citywide location.
Five Possible FAQs
1. Is this a good deal compared to other homes in Weston?
Slightly below average for the neighbourhood. The assessed value is about $40,000 less than the Weston average of $184,700, so it is priced low for the area. That said, the lower value aligns with the smaller lot and older age. It’s not a dramatic outlier—it’s competitive within its immediate context, not a steal.
2. How old is the house, and what should I watch for?
Built in 1914. This means it’s over a century old. Expect older wiring, plumbing, and likely less insulation. You’ll want a thorough home inspection focusing on the foundation, roof, and any updates (or lack thereof). The age isn’t uncommon for Weston, but it does mean ongoing maintenance is part of the deal.
3. The living area seems small. Is it typical for this street?
Yes. The average home on Ross Avenue is 1,020 sqft, so 969 is right in line. Citywide, the average is much larger (1,342 sqft), so if you’re used to newer suburban houses, this will feel compact. But for the street and neighbourhood, it’s standard.
4. Can I build an addition or garage on this lot?
The lot is 2,598 sqft, which is smaller than the street average of 3,468. Zoning rules in Weston vary, so you would need to check with the city. Given the size, a detached garage or small addition is possible, but a major expansion likely isn’t. Don’t buy this expecting to double the square footage.
5. How does the assessed value compare to the sale price?
Properties don’t always sell at assessed value—they can go above or below depending on condition, demand, and recent renovations. The $145,000 assessment gives you a baseline, but the final price will depend on how the house shows and what comparable homes have sold for recently in Weston. Check recent sales on Ross Avenue for a clearer picture.