Property Overview
This home at 656 Ashburn Street in Winnipeg's Minto neighbourhood presents a compelling mix of space, value, and established character. Built in 1928, its primary appeal lies in its generous proportions relative to its immediate area, offering a standout lot and solid interior space for the price point.
Key Characteristics & Appeal
The home's most distinctive feature is its land. With a lot size of over 5,100 sq ft, it ranks in the top 5% of properties in both its street and the broader Minto area, offering significant outdoor space that is rare for the locale. The 1,202 sq ft living area is also notably above average for the street and neighbourhood, providing more interior room than many nearby comparables.
Its assessed value positions it as an above-average offering on Ashburn Street and in Minto, suggesting a perceived value advantage within its most relevant markets. Recent sale history indicates steady appreciation. The property suits practical buyers looking for a character home with room to breathe—whether that's for gardening, children, or future expansion. It’s ideal for someone prioritizing lot size and living space over a newer build, and who sees value in a home that stands out positively within its established community rather than just on a city-wide scale.
Frequently Asked Questions
How does the age of the home affect its value?
While older than the city average, the 1928 build date is typical for the Minto area. This suggests the character and construction of the era are baked into the neighbourhood's appeal. The key will be the condition of major aging components like the roof, wiring, and plumbing, which a thorough inspection should address.
The assessed value seems low compared to the city average. Why?
The city-wide average assessed value is skewed higher by newer, larger homes in different suburban areas. The more relevant figures are the local ones: this home's assessment is above average for both Ashburn Street and the Minto neighbourhood, indicating it is valued more highly than many direct comparables.
What does the lot size ranking actually mean for me?
Ranking in the top 5% locally means you are getting a property with significantly more yard space than most in the area. This could allow for features like a large garden, a spacious shed or workshop, or ample recreational space that would be impossible on a standard-sized lot nearby.
Is the sold price history reliable?
The listed price ranges are based on public data. For precise historical sold prices, you must request the information directly via the provided email service. This ensures accuracy, as public records can sometimes be incomplete or categorized broadly.
Who would this property not suit?
Buyers seeking a modern, turn-key home with contemporary layouts and finishes may find the upkeep and potential renovation needs of a 98-year-old home challenging. Similarly, those who prioritize being in a newer suburban development over the established, spacious feel of an older neighbourhood might look elsewhere.