Property Overview: 722 Ashburn Street, Winnipeg
Key Characteristics & Appeal
This home on Ashburn Street in the Minto neighbourhood presents a distinct profile centered on value and location. Built in 1911, it is a character home that is notably older than most in the city. With 1,040 sqft of living space, it offers a comfortably sized interior that is above average for its immediate street and in line with the local area average. The lot size of 2,562 sqft is typical for the street but smaller than many lots in wider Minto and Winnipeg.
The primary appeal lies in its strong value positioning within its immediate context. The assessed value ranks in the top 16% on Ashburn Street and the top 25% in the Minto area, suggesting it is viewed favorably compared to its closest peers. This indicates a potentially attractive entry point into a mature neighbourhood. The home last sold in the $300k-$350k range in 2024, which aligns with this above-average local assessment.
This property would best suit a value-conscious buyer who appreciates the charm and established streetscape of an older home and is prepared for the maintenance that comes with a 115-year-old structure. It’s a practical choice for someone prioritizing location and lot ownership over modern build date or a large yard, and it could appeal to an investor or homeowner looking for a solid foundation in a neighbourhood where this home stands out for its assessed worth.
Frequently Asked Questions
1. What does the "above average" assessed value ranking mean for me?
It indicates that, compared to similar homes on Ashburn Street and in the Minto area, this property has a higher official assessed value. This can be a sign of good relative value or desirability within the micro-market, but it's important to verify this with a current market appraisal and a thorough home inspection, especially given the age of the home.
2. The home is much older than average. What should I consider?
A 1911-built home offers character but requires diligent attention to aging components. Key considerations should include the condition of the foundation, roof, plumbing, electrical systems (knob-and-tube wiring may be present), and insulation. Budgeting for ongoing maintenance and potential updates is essential.
3. How does the lot size impact the property?
At 2,562 sqft, the lot is manageable and typical for the street, but smaller than the Winnipeg average. This means lower exterior maintenance but may limit expansion possibilities like large additions or pools. It emphasizes the property as a comfortable, lower-maintenance yard space rather than a sprawling one.
4. The sold price from 2024 is a range. How can I get the exact figure?
The exact sold price is not publicly displayed in detail here. As noted, you can request it by email from the source; they provide the precise figure manually as a service without using your email for marketing.
5. How does this home compare to others in Winnipeg overall?
The data shows this home operates in a different context than the city-wide average. It's older, on a smaller lot, and has a lower assessed value than the Winnipeg average. Its strengths are relative to its immediate neighbourhood, highlighting the importance of comparing it to local comps in Minto rather than city-wide benchmarks.