Property Overview: 735 Sherburn Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home is defined by its compact efficiency and historic roots. Built in 1925, it offers 624 square feet of living space on a 2,822 sqft lot in the Minto neighbourhood. The data reveals a property that stands out for its exceptionally low municipal assessed value ($22,300), placing it well below average for the city. Its living area is notably smaller than most comparable homes locally and city-wide.
The primary appeal lies in its position as a true entry-point into homeownership. It suits buyers with minimal space needs, such as a single person, a couple, or an investor looking for a straightforward rental property. Its lower assessed value suggests potentially manageable property taxes. A thoughtful perspective for the right buyer is the opportunity to own a character home from the 1920s without a massive footprint, focusing on simplicity and necessity. It may also appeal to those who value a smaller lot for easier maintenance. This isn't a home for growing families but rather for those seeking a pragmatic and affordable foothold in the market.
Section 2: Frequently Asked Questions
1. What does the "Top 99%" ranking for living area mean?
This statistic means the home's living area (624 sqft) is smaller than approximately 99% of comparable homes in the city. It clearly indicates a compact, smaller-than-average interior layout.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value of $22,300 is a municipal valuation for tax purposes, not a market price. It reflects factors like the home's age, size, and characteristics relative to others. The significant gap from the city-wide average of $390k underscores this property's modest profile compared to the broader Winnipeg market.
3. How recent is the sale history?
Public records indicate the home sold once between 2016 and 2025, in 2017, for an estimated price range of $200,000-$250,000. For the exact sale price, you must request the information directly via the provided email service.
4. Is the land size typical for the area?
At 2,822 sqft, the lot is slightly below average for Sherburn Street but is generally around the average for the broader Minto neighbourhood. It is, however, significantly smaller than the typical city-wide lot.
5. What can I learn from the nearby and similarly valued properties?
The listing shows immediate neighbours are on similarly sized lots, providing context for the streetscape. Other homes with the same assessed value are located in various neighbourhoods across Winnipeg, highlighting that this valuation tier exists in multiple areas, each with its own market dynamics.