Property Overview: 758 Sherburn Street, Winnipeg
Key Characteristics & Appeal
This home at 758 Sherburn Street in the Minto neighbourhood is defined by its practicality and position as an accessible entry point into the Winnipeg market. Built in 1930, it is a notably older home on its street, suggesting potential for classic architectural character. With 828 square feet of living space, the house is compact, ranking below average in size both for the street and city-wide, which points to a efficient, manageable layout. The assessed value is significantly below local and city averages, indicating a very low property tax base.
The primary appeal lies in its affordability and the opportunity it represents. The lot size is consistent with the local area, offering standard outdoor space for the neighbourhood. This property would best suit first-time buyers or investors seeking a low-cost entry with a modest footprint. It’s a pragmatic choice for those comfortable with a home that may require updates, prioritizing financial accessibility and location over size and modern finishes. A less obvious perspective is that its lower assessed value and smaller size could translate into reduced ongoing utility and tax costs, appealing to those seeking to minimize fixed housing expenses.
Frequently Asked Questions
1. What does the "below average" assessed value mean for me?
A below-average assessed value typically results in lower annual property taxes compared to other homes in the area. It's important to note that assessed value is not market value; this figure is used primarily for municipal tax calculation.
2. The living area is noted as below average. How might this affect living here?
At 828 sqft, the home is compact. This suits individuals, couples, or those comfortable with efficient use of space. It may not be ideal for larger families or those needing multiple dedicated rooms, but it can offer easier maintenance and lower heating costs.
3. The home was built in 1930. What should I consider?
While the home has character, its age means crucial systems like wiring, plumbing, and the foundation should be carefully inspected. It may also have features like original hardwood floors or layout quirks common to its era.
4. How does this property compare to others on the street?
The data shows it has a smaller living area and lower assessed value than most direct neighbours. However, its lot size is around average for the street, and it is actually a newer build compared to many homes on the block.
5. Where can I see more detailed context about the neighbourhood?
You can use the provided link to open the neighbourhood map analysis, which visually compares this property to nearby houses based on year built, size, value, and lot dimensions.