Property Overview: 517 Ashworth Street S, Winnipeg
Key Characteristics & Buyer Profile
This 1987 bi-level home at 517 Ashworth Street S in Dakota Crossing is a practical and efficiently sized property. With 858 sqft of living space, it is notably compact compared to area averages, positioning it as a more manageable and potentially affordable option. Its key features include a renovated basement and a detached garage. The lot size is a standard city lot of approximately 4,390 sqft.
The appeal lies in its balance of modest scale and recent updates, offering a lower-maintenance footprint without sacrificing core functionality. The renovated basement adds valuable finished space, increasing its livability. From a value perspective, its assessed value is around the average for its immediate street and city-wide, but sits below the average for the broader Dakota Crossing neighbourhood, which may present a relative value opportunity within that area.
This home would best suit first-time buyers seeking an entry point into the market, downsizers looking to reduce space and upkeep, or pragmatic investors seeking a straightforward rental property. Its size and layout are geared toward efficient living rather than expansive family life.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 858 sqft, the living area is below the average for Dakota Crossing and the city overall. This indicates a more compact, efficient layout that may appeal to those seeking easier maintenance and lower utility costs.
2. What does the assessed value tell us?
The assessed value is around the city average but below the average for the Dakota Crossing neighbourhood. This suggests the property might be priced more accessibly than many in the area, though final market value is determined by sale price.
3. Is the renovated basement a full secondary suite?
The listing notes a renovated basement but does not specify it as a legal suite. Buyers should verify the renovation scope, permits, and its legal status (e.g., single-family vs. potential income suite) with the municipality.
4. What is the significance of the home’s age and rankings?
Built in 1987, it is newer than the city-wide average for homes. Its rankings suggest that, while compact, it is a relatively modern structure compared to much of Winnipeg’s housing stock, potentially meaning fewer major age-related updates are immediately due.
5. How does the last sale price from 2016 relate to today’s value?
The home sold for $310,000 in 2016. This historical data provides context, but current value is driven by today’s market conditions, the renovated basement, and comparable recent sales, not past transactions.