Property Overview: 557 Ashworth Street S, Dakota Crossing, Winnipeg
Key Characteristics & Appeal
This 1988 bi-level home at 557 Ashworth Street S presents a practical and affordable entry point into the Winnipeg market. With 858 square feet of living space and a renovated basement, it offers functional living on a manageable 3,150 sqft lot. A detached garage provides utility and storage. The home’s core appeal lies in its value proposition: its assessed value is around the city-wide average, yet it sits in a neighbourhood where assessed values are typically much higher, suggesting a potentially advantageous tax position or a price point below many area comparables. It suits first-time buyers or investors seeking a straightforward, lower-maintenance property without a large upfront investment. A thoughtful perspective is that its smaller scale and recent sale history indicate it could be a low-fuss holding in an established area, ideal for those prioritizing financial flexibility over square footage.
Frequently Asked Questions
1. How does the home’s size compare to others?
The living area is below average for the street, neighbourhood, and city-wide, making it one of the more compact options in Dakota Crossing.
2. What is the significance of the assessed value figures?
While the home’s assessed value is typical for Winnipeg overall, it ranks in the top 96% for Dakota Crossing (meaning it's lower than 96% of area homes). This could indicate a relatively lower property tax burden compared to neighbours.
3. Has the property value been stable?
Recent sale prices show variation, from $280k in 2019 to $325k in 2021. Interested buyers should investigate the reasons for this change and seek a current market evaluation.
4. What are the lot and location like?
The lot is smaller than most in the area. Its location on Ashworth Street S places it very close to neighbouring houses, offering community proximity but less private outdoor space.
5. Who might this property not suit?
It may not fit buyers needing ample indoor space or a large yard. The compact, bi-level layout requires efficient use of space, and the smaller lot limits expansive outdoor projects.