Property Overview: 631 Sherburn Street, Winnipeg
Key Characteristics & Appeal
This home at 631 Sherburn Street in the Minto neighbourhood is a classic, compact property built in 1926. With 864 square feet of living space on a 2,826 sqft lot, its size is notably below average for the city, but more in line with the typical scale found within its immediate area. This creates a specific appeal: it’s a manageable, lower-maintenance footprint in an established community. The assessed value is modest compared to the Winnipeg average, suggesting a potentially accessible entry point into the market.
The appeal lies in its practicality and location. It suits first-time buyers, downsizers, or investors looking for a character home without the upkeep of a larger property. Its lot size, while smaller than the city norm, is reasonably proportional to the home and typical for the street, offering manageable outdoor space. A thoughtful perspective is that a home of this vintage and scale in a long-established neighbourhood often comes with a well-defined sense of community and mature landscaping, which aren't reflected in square footage metrics. The data shows it last sold between $250k-$300k in 2019, providing a recent benchmark for value.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
The living area (864 sqft) is below the average for Sherburn Street itself, but is closer to the average for the broader Minto neighbourhood. This indicates it’s a cozier home on a street with some larger properties, but not unusually small for the area.
2. What does the assessed value tell me about the property?
The assessed value of $24,800 is for municipal tax purposes. It is around average for both the street and Minto, but significantly below the Winnipeg average, primarily reflecting the home’s modest size and age compared to the entire city’s housing stock.
3. Is the lot size a disadvantage?
At 2,826 sqft, the lot is smaller than most in Winnipeg. However, within Minto and on Sherburn Street, it is much more typical. For buyers seeking a smaller yard to maintain, this could be an advantage rather than a drawback.
4. The home is 100 years old. What should I consider?
A home built in 1926 offers charm and established neighbourhood character. Essential considerations will be the condition and age of major systems (like plumbing, electrical, and the foundation) and the roof, which may have been updated over time. A thorough inspection is crucial.
5. How can I find out the exact past sale price?
The listed sale price range ($250k-$300k in 2019) is based on public data. For the exact sale price, you can use the email request service provided on the listing page to receive verified figures directly.