Property Overview: 595 Sherburn Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 595 Sherburn Street in the Minto neighbourhood presents a compelling blend of space and value. Built in 1921, its key strength is its generous 1,432 sqft of living area, which ranks well above average for both its immediate street and the broader Minto area. This suggests a home that offers more interior room than many of its local peers, a significant advantage for buyers needing space without a premium price tag.
The appeal lies in its established, character-filled setting and its position as a competitively sized property within its community. The assessed value is notably above average for the street and neighbourhood, which can indicate a well-maintained or updated property relative to nearby homes. The lot, while smaller than the citywide average, is typical for the area. This property would best suit a practical buyer looking for a character home in a central Winnipeg neighbourhood, who prioritizes interior square footage over a large yard and appreciates a home that stands out positively in its immediate context. A thoughtful perspective is that while the home is older, its above-average rankings in space and value for the area suggest it may have been preserved or enhanced better than many of its contemporaries.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,432 sqft, the living area is larger than most comparable homes on Sherburn Street and in the Minto neighbourhood, placing it in the top 23% and 12% respectively for space.
2. What does the assessed value tell us?
The assessed value of $31,100 is above the local average, ranking in the top 18% on its street and top 10% in Minto. This often reflects factors like condition, improvements, or desirable features relative to neighbouring properties.
3. Is the lot size a drawback?
The 2,826 sqft lot is slightly below average for the street but typical for the Minto area. It represents the more compact, efficient lot sizes common in established central neighbourhoods versus newer suburban areas.
4. What is the sales history?
Public records indicate two sales in recent years: one between $350k-$400k in 2020 and another between $250k-$300k in 2016. Exact prices are available upon request.
5. How does the age of the home factor in?
Built in 1921, the home is older than the Winnipeg city average but is typical for its historic neighbourhood. Its above-average rankings for space and value suggest it has been a maintained or updated property within its vintage cohort.