Property Overview: 907 Ashburn Street, Winnipeg
Key Characteristics & Appeal
This 760 sqft home, built in 1956, presents a practical and affordable entry point into Winnipeg's Minto neighbourhood. Its key appeal lies in its relative modernity compared to its immediate surroundings; built 25 years later than the average home on its street, it may benefit from updates in construction materials and design common to its era. The lot, while smaller than area averages at 2,199 sqft, offers a manageable outdoor space with lower maintenance demands.
The home’s assessed value is notably below average for the street, area, and city, indicating a potentially lower property tax burden and an accessible price point. This combination suits first-time buyers seeking a foothold in the market, investors looking for a rental property with a reasonable entry cost, or downsizers wanting a compact, low-maintenance home. Its size and value proposition make it a candidate for those willing to undertake cosmetic updates to add value, rather than a large-scale renovation project.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby averages?
Assessed value is used for calculating property taxes and is influenced by factors like home size, age, condition, and recent sales in the area. A value significantly below averages can reflect the home's smaller footprint and potentially its interior condition or original features compared to updated neighbours.
2. What are the implications of the home being newer than others on the street?
A 1956 build is more modern than many neighbouring homes, which average from the early 1930s. This could mean fewer concerns with very aged plumbing, electrical systems, or foundational materials common to earlier construction periods, though a full inspection is still essential.
3. Is the smaller lot size a disadvantage?
While below average in size, a smaller lot means less yard work and lower maintenance costs. It can be an advantage for those seeking a manageable outdoor space without the upkeep of a larger property.
4. How reliable is the recent sold price range provided?
The sold price range (CA$200k–250k in 2024) is based on available public data. For the exact sale price to inform your offer, you must request it directly via the provided email service, as this information is not always disclosed in public records.
5. Who should consider requesting the detailed neighbourhood analysis map?
The map is particularly useful for visual learners and those who want to see the specific context—like how this home’s lot, value, and age compare directly to the houses next door and behind it. It helps in understanding the immediate micro-neighbourhood beyond broad area statistics.