783 Ashburn Street

Property Overview: 783 Ashburn Street, Winnipeg

Key Characteristics & Appeal

This home presents a distinct value proposition centered on space and location. Built in 1907, its 1,243 sqft of living area is notably larger than most comparable homes in both the immediate Minto neighbourhood and on Ashburn Street itself, placing it in the top 16-24% for size locally. This offers a practical advantage for buyers seeking more interior room without a premium price tag. The lot size of 3,298 sqft is also comfortably above the street average.

The appeal lies in this balance of above-average living space paired with a below-average assessed value of $195,000. This suggests a potential opportunity for value-conscious buyers, including those willing to update an older home. It suits first-time buyers looking for a spacious footprint to grow into, practical investors seeking a character property with rental potential, or downsizers who prioritize main-floor living space over a large yard. A thoughtful perspective is that its age and value position could allow for thoughtful, budget-conscious renovations that add modern comfort while preserving its character, potentially increasing its equity over time.

Frequently Asked Questions

1. Why is the assessed value significantly lower than area averages?
The assessed value of $195k is below averages for the street, neighbourhood, and city. This is typically influenced by the home's age (1907), its specific condition, and potentially its market positioning, making it a more accessible entry point into the area.

2. What should I consider due to the home's age?
As a 119-year-old home, prospective buyers should prioritize inspections for foundational integrity, plumbing, electrical systems, and insulation. While this requires due diligence, it also means the home possesses character and construction materials not found in newer builds.

3. How does the living area compare meaningfully?
The living space is a key strength. It's over 250 sqft larger than the Minto area average, offering more room than most local alternatives. This is a significant practical benefit for daily living.

4. Is the lot size sufficient for outdoor space?
At 3,298 sqft, the lot is larger than most on Ashburn Street and is generally adequate for a garden, patio, and parking. It is, however, smaller than the Winnipeg city average, so expectations should be set for a standard urban yard rather than an expansive one.

5. How can I get accurate historical sale price data?
The provided data does not include MLS sales history. For verified transaction records and exact past sale figures, you must request a manual lookup via the email option on the listing page. The service is free and provided without marketing spam.