Property Overview: 711 Ashburn Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct profile defined by its contrasts. Its primary appeal is a generous, above-average living space of 1,260 sq ft within a historic 1911 build, situated on a modestly sized lot. The data reveals a property that offers more interior room than most in its immediate neighborhood and the broader Minto area, ranking in the top 14% and 22% respectively for living area. This makes it a compelling option for buyers seeking character and space without a sprawling yard to maintain.
However, its assessed value is notably below average across all comparison levels, placing it in the bottom third locally and the bottom tenth city-wide. This combination suggests a property where the value is concentrated in the usable interior square footage rather than in the land or modern updates. It would suit a practical buyer who prioritizes interior space over a large lot, and who is comfortable with the realities and potential maintenance of a century-old home. It’s a candidate for someone looking for a character home with room to grow into, possibly seeing value where the market has not yet fully recognized the utility of its spacious floor plan.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the average?
The assessed value is calculated based on several factors, including lot size, building age, and recent sales. This home’s below-average lot size and its age (115 years) significantly influence the assessment, placing it below most comparable properties.
2. What does the "sold price" range indicate?
The listed sold price range of CA$200k–250k is based on public data. The exact price is available upon request. This range, while above the assessed value, still places the home in a relatively affordable tier compared to city-wide averages.
3. How significant is the lot size?
At 2,199 sq ft, the lot is smaller than most in Winnipeg (ranking in the bottom 1% city-wide). This means lower exterior maintenance but also limited space for expansions, large gardens, or additions. The trade-off is the larger-than-average interior living space.
4. What are the considerations with a 1911-built home?
A home of this age likely has historic character but may also require more attention to foundational, electrical, or plumbing systems. It’s essential to invest in a thorough inspection to understand the condition and any potential upcoming costs for upkeep or modernization.
5. How reliable are the "top X%" rankings?
These rankings are a useful tool for quick comparison. For example, being in the "top 14%" for living area on its street means 86% of nearby homes have less interior space. They help contextualize each metric against immediate neighbors, the neighborhood, and the entire city.