Property Overview: 750 Ashburn Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling mix of space, location, and value within Winnipeg's Minto neighbourhood. Its standout feature is its generous 1,432 sqft living area, which ranks in the top 5% of homes on Ashburn Street and the top 12% within Minto, offering significantly more interior space than many local comparables. Built in 1912, it is a character home with a history, appealing to those who appreciate established communities.
The appeal lies in this balance: you acquire a spacious interior on a manageable 2,560 sqft lot in a mature neighbourhood, all at an assessed value that is above average for its immediate area. This suggests a potentially more accessible entry point into a home of this size compared to the wider city. The property last sold in the $250k-$300k range in 2022.
It would best suit a buyer looking for character and space over a new build, who values a established streetscape. It’s ideal for someone who prioritizes interior square footage for a home office, family, or hobbies, without the desire or cost associated with a large, high-maintenance yard. The data suggests it's a home that punches above its weight in its immediate locale.
Section 2: Frequently Asked Questions
1. How does the home’s age affect its value and potential?
Built in 1912, the home is older than most in the city. This can mean charming character but also requires a diligent inspection for updates to major systems like wiring, plumbing, and insulation. The above-average assessment for the street and neighbourhood, however, indicates its size and condition have been recognized in its valuation.
2. The assessed value seems low compared to the city-wide average. Why?
The city-wide average assessed value is skewed higher by newer, larger homes in suburban areas with bigger lots. This home’s value is better understood in its local context, where it ranks above average for both Ashburn Street and the Minto area, reflecting its relative standing where location and lot size are more consistent.
3. Is the lot size a limitation?
At 2,560 sqft, the lot is slightly below the average for Minto and significantly smaller than a typical newer suburban lot. This translates to less outdoor maintenance, which some buyers prefer. It does, however, limit potential for large additions or extensive landscaping projects.
4. What does the "Top 5%" living area ranking practically mean?
It means that on Ashburn Street, 95% of comparable homes have less living space. You are getting one of the most spacious interiors available on this street, which is a significant advantage if you need room to grow or simply value larger living areas.
5. Where can I see more context about the neighbourhood?
A detailed neighbourhood analysis map is available, allowing you to see this property in direct visual comparison to nearby homes based on year built, living area, assessed value, and lot size. This helps visualize its place within the streetscape.