1484 Ross Avenue W — Property Summary
Key Characteristics & Ideal Buyer Profile
This is a 1,316 sqft home on a 2,597 sqft lot, built in 1913 and currently assessed at $255,000. The standout feature is its living space: well above the neighborhood average of 936 sqft (top 8%), and slightly above the citywide average. You’re getting more interior room than most comparable homes in Weston or across Winnipeg.
The lot, however, is on the smaller side—below the street average and well below the citywide norm. The assessed value is strong locally (top 10% in the neighborhood) but low relative to the city at large, which reflects the area’s pricing profile rather than any deficiency in the home itself. The year built is typical for the street and neighborhood (older, pre-war stock) but older than citywide averages.
Appeal lies in the combination of generous interior square footage, a price point below the city median, and a location in a stable, established neighborhood. This isn’t a flashy property, but it offers more house for the money than many newer or larger-lot alternatives nearby.
Suitable for: First-time buyers who want more living space without stretching into higher price brackets. Also practical for someone who values square footage over yard size—or investors looking for a property with strong relative valuation and room for appreciation in a neighborhood that’s not yet priced at citywide levels. Less suited for buyers who need a large lot, a modern build, or a turnkey without any updates.
Five Possible FAQs
1. How does the assessed value compare to the local market, and is it reasonable?
The assessed value ranks in the top 10% for the Weston neighborhood and top 19% on the street. It’s well above the local average. Citywide, it falls below average—but that’s largely because it’s in a lower-cost area, not because the home is undervalued. The assessment appears consistent with comparable homes nearby.
2. Is the small lot a concern for resale or use?
Lot sizes in Weston tend to be smaller than newer suburban developments. The 2,597 sqft lot is below the street average, but not unusual for the area. If you’re looking for a large garden or expansion room, this might not be ideal. For low-maintenance outdoor space or urban living, it’s workable.
3. What does an older home like this (built 1913) mean in terms of maintenance or upgrades?
The year built is typical for the street and neighborhood, so you’re not in a pocket of unusually old homes. Older construction can mean solid materials and character, but it also often comes with older systems (plumbing, electrical, insulation). Buyers should factor in possible updates and always get a thorough inspection—especially for a property of this age.
4. How does this home compare to new builds or condos in the same price range?
At $255,000, you’re getting significantly more living space than most condos or smaller starter homes in newer developments. The trade-off is an older structure, smaller lot, and an area that may not have the same resale momentum as hot spots. It’s a value play rather than a prestige buy.
5. Is the neighborhood analysis data reliable for making an offer?
The rankings are based on comparable homes in the same street, neighborhood, and city—not all properties. They show relative standing, not absolute value. They’re useful for context, but they don’t replace a comparative market analysis from a local agent. The data suggests you’re paying for above-average interior space in a below-average land situation—worth weighing depending on your priorities.