1461 Ross Avenue W – Property Summary
Key Characteristics & Buyer Profile
This home is a modern infill property built in 2020, situated on a modest 2,597 sqft lot in Winnipeg’s Weston neighbourhood. Its strongest asset is the structure itself: the year built ranks in the top 2% on the street, top 1% in the neighborhood, and top 3% city-wide. For buyers who prioritize a newer, low-maintenance home with contemporary systems and finishes, this is a standout feature in an area where the average home was built in 1937.
The assessed value of $290,000 is notably high relative to local peers—top 10% on the street and top 5% in Weston—but still below the citywide average of $390,100. This suggests the property is significantly newer and more upgraded than its immediate neighbours, though it doesn't carry a premium location or oversized lot. The living area (1,027 sqft) is close to street and neighbourhood averages, so the appeal isn’t square footage but rather a clean, modern interior in a mature neighbourhood.
The property will suit buyers who:
- Want a newer home without leaving an established central neighbourhood.
- Prioritize energy efficiency, modern layouts, and lower maintenance over yard space.
- Are comfortable with a smaller lot (2,597 sqft ranks in the bottom quarter street-wide) and value proximity to amenities over outdoor land.
- May be first-time homebuyers or downsizers looking for a turnkey property in a neighbourhood with older housing stock, where this home stands out.
Five Frequently Asked Questions
1. How does this property compare to others in Weston?
It’s one of the newest homes in the area—built 80+ years later than the typical house. The assessed value is in the top 5% of the neighbourhood, and the living area is around average. So you’re getting a much newer, higher-value home than most nearby properties, but not a larger one.
2. Is the lot size a disadvantage?
It depends on your needs. At 2,597 sqft, the lot is smaller than the street average (3,468 sqft) and well below the city average (6,570 sqft). If you want a big yard, this won’t suit you. But for those who prefer less outdoor upkeep, it’s a trade-off that works with a newer home.
3. Why is the assessed value below the citywide average?
While this property ranks very high locally, citywide averages include larger, older homes in more expensive neighbourhoods. Winnipeg’s market has a wide price spread. This property’s value is strong for Weston but not comparable to higher-priced areas with larger lots and older character homes.
4. How reliable are these rankings for decision-making?
The rankings compare this property to a broad set of homes, not identical ones. They show how it stacks up in three scopes (street, neighbourhood, city) using median benchmarks. They’re useful for context, but you should also inspect the home, check recent sales, and walk the street to confirm fit.
5. What does the colour-coded bar system mean?
Each bar shows what share of comparable properties you outperform. The fill colour indicates the tier: red for elite, blue for above average, amber for around average, grey for below. For this property, the year-built bar should be red (elite), the value bar blue, and the lot bar grey or amber.