Property Overview: 699 Sherburn Street, Winnipeg
Key Characteristics & Appeal
This home at 699 Sherburn Street in the Minto neighbourhood presents a distinct profile. Built in 1930, it is a character home that is notably older than most in the city. With 867 square feet of living space, it is a compact, efficiently sized property, sitting on a modest 2,822 sqft lot. The assessed value of $290,000 is a key feature, ranking well above average for both its immediate street and the broader Minto area, suggesting a perceived premium for this specific location or property condition.
The appeal lies in its position as a potentially well-maintained, established home in a neighbourhood of similar vintage. It suits buyers looking for a manageable, lower-maintenance footprint without a sprawling yard, possibly first-time homeowners or downsizers. A thoughtful perspective is that its above-average assessment within its local context, paired with a smaller size, could indicate updates or desirable original features that add value, making it a quality-over-quantity option in its price segment.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 867 sqft, the living area is below the average for both the immediate street and the city overall, indicating a cozier, more efficient layout.
2. Why is the assessed value relatively high for the area?
With an assessment in the top 28% on its street and top 17% in Minto, the $290,000 value likely reflects factors like renovations, premium condition, or a desirable lot placement compared to immediate neighbours.
3. What is the typical lot size in this area?
The lot is 2,822 sqft, which is slightly below the average for Sherburn Street and Minto, and significantly smaller than the Winnipeg city-wide average. This means smaller outdoor space to maintain.
4. How old is this home compared to others nearby?
Built in 1930, it is newer than many on its street (ranking in the top 19%) but older than the majority of homes across Winnipeg. It is a true character property.
5. What is the recent sales history?
The home sold in the $250k-$300k range in 2020 and in the $200k-$250k range in 2016. Exact sale prices are available upon request from the listing service.