713 Sherburn Street

Property Overview: 713 Sherburn Street, Winnipeg

Key Characteristics & Appeal

This home at 713 Sherburn Street in the Minto neighbourhood presents a practical and straightforward opportunity in Winnipeg’s housing market. Built in 1931, it is a notably newer construction compared to many other homes on its street, which may suggest updated foundational elements or a different architectural style for the area. With 841 square feet of living space and a 2,823 square foot lot, the property is compact, positioning it as one of the smaller homes both locally and city-wide. Its assessed value is proportionally modest, sitting around the average for Minto.

The primary appeal lies in its efficiency and manageability. It suits first-time homebuyers seeking an affordable entry point, investors looking for a rental property with lower carrying costs, or downsizers who prioritize minimal upkeep over space. A thoughtful perspective is that its smaller scale offers lower utility costs and less maintenance, which can be a significant long-term advantage. While not a large or luxurious property, its relative newness for the street and average valuation in the immediate area provide a stable, no-frills foundation in an established neighbourhood.

Frequently Asked Questions

1. How does the property’s size compare to nearby homes?
At 841 sq ft, the living area is below the average for Sherburn Street and for Winnipeg overall. This indicates a more compact, efficient layout compared to many neighbouring houses.

2. What does the assessed value indicate about this property?
The assessed value of $23,600 is around the average for both Sherburn Street and the broader Minto area, but is below the city-wide average. This reflects its positioning as a modestly valued property within its immediate community.

3. Is the home older or newer than others in the area?
Built in 1931, this home is actually newer than many on its street, ranking in the top 15% for year built on Sherburn. This could be a positive factor regarding certain structural elements.

4. What was the home’s recent sale history?
Public records indicate the home sold between $250,000 and $300,000 in 2022. For the exact sale price, you can request details via email from the listing source.

5. Who would this property be best suited for?
Its manageable size and modest assessment make it a potential fit for first-time buyers, investors, or those looking to downsize. It appeals to those seeking affordability and lower maintenance in an established neighbourhood rather than ample space.