Property Overview
768 Sherburn Street presents a compelling mix of space and value within Winnipeg's Minto neighbourhood. Its primary appeal lies in offering above-average interior and land space for the area, housed in a character home from the 1920s. The 1,550 sqft living area is notably larger than most comparable homes in both Minto and on Sherburn Street itself. This is paired with a 4,000 sqft lot, which ranks in the top 7% on its street, providing generous outdoor space uncommon for the locale.
The home suits practical buyers looking for room to grow, garden, or simply enjoy more square footage without a premium city-wide price tag. Its assessed value is consistent with the immediate area, suggesting it's priced in line with its local market rather than city-wide trends. A thoughtful perspective is that this property represents a "larger fish in a smaller pond"—it offers standout features for its specific community, which can often provide better livability and value than a comparable investment in a more expensive district. The recent sale history indicates active turnover and interest in the immediate vicinity.
Frequently Asked Questions
1. How does the assessed value compare to the likely market price?
The assessed value is for municipal tax purposes and is typically lower than market value. The home's recent sale price range (2023) provides a more current benchmark for its market worth.
2. What are the implications of the home's age (built 1922)?
While offering classic character, a home over 100 years old will likely have older infrastructure. Prospective buyers should budget for potential updates to systems like wiring, plumbing, or insulation, and a thorough inspection is essential.
3. The lot size is large for the street, but what about the neighbourhood overall?
The lot is significantly larger than the street and neighbourhood averages. This is a key advantage, offering more privacy, yard space, and potential for additions or landscaping than most nearby properties.
4. The city-wide rankings for value and year built seem low. Is this a concern?
Not necessarily. These rankings reflect that the home is in a more established, modestly valued area compared to newer subdivisions or premium city sectors. This often translates to better affordability and stable, community-focused living.
5. Where can I see more detailed context about the surrounding area?
You can open the dedicated neighbourhood analysis page to view this property on a map alongside nearby homes, comparing details like year built, lot size, and assessed value directly with its neighbours.