Property Overview: 657 Ashburn Street, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, value, and established neighbourhood character. Its primary strength is its generous 1,530 sqft living area, which ranks in the top 4% of homes on Ashburn Street and the top 8% within the Minto area, offering significantly more interior space than many comparable local properties. Built in 1913, it is a classic century home with the inherent charm and solid construction of its era, though this also implies a consideration for potential updates and maintenance.
The appeal lies in this above-average interior footprint paired with a relatively modest assessed value for the immediate area. This suggests a potential value opportunity for buyers seeking more room without the premium price tag often found in newer or larger-lot homes. The lot itself is a more standard city size at 2,200 sqft. It would suit a practical buyer who prioritizes interior living space over extensive outdoor yard work, or an investor/renovator who sees potential in updating a character home in a well-established location. A less obvious perspective is that its strong ranking for living area within its own neighbourhood indicates it's a standout property on its block, potentially offering a better sense of space and privacy than immediately neighbouring homes.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value (currently $29,500) is for municipal tax purposes. The recent sold price range (2022: $350k-$400k) is a much stronger indicator of its actual market value.
2. What does the "below average" city-wide ranking for land area mean for me?
It confirms the lot is compact by broader Winnipeg standards, where many homes have larger yards. This means lower maintenance but less room for expansions like a large addition or garage. It's typical for older, central neighbourhoods.
3. As a 1913 home, what should I be prepared for?
While offering classic character, you should budget for and inspect age-related systems. This includes the roof, plumbing, electrical wiring, and foundation. A thorough pre-purchase inspection is essential.
4. The data shows it has more space but a lower assessed value than many city homes. Why?
This is likely due to a combination of its older age, smaller lot size, and its specific location within the broader city market. It highlights that value in real estate is multi-faceted, and this home's value is concentrated in its interior space and neighbourhood.
5. How can I find out the exact past sold price?
The precise sale price is not publicly listed in detail. As noted on the listing, you can request this information directly via email from the source, SaveOnHouse.