Property Overview: 294 Ash Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 294 Ash Street is a well-established property in the desirable North River Heights neighbourhood. Built in 1945, its primary appeal lies in its generous and above-average living space. With 2,016 square feet, it offers significantly more room than the typical Winnipeg home and stands in the top 15-16% for size within both its immediate street and broader neighbourhood. This makes it a substantial family home or a property with ample space for comfortable living.
The assessed value of $487,000 is positioned around the average for Ash Street and North River Heights, but sits above the city-wide average, reflecting the area's desirability. The lot size of 4,823 sq. ft. is consistent with local norms. A thoughtful perspective is that this property represents a balance: you acquire a home with interior space that outperforms most of the market, set on a standard lot in a mature, sought-after community. It suits buyers looking for character and space over a brand-new build, who value established neighbourhoods with larger-than-average homes, and who may see potential in a property from the 1940s that hasn't been fully modernized.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
Very favorably. With 2,016 sq. ft., it is larger than approximately 85% of homes on Ash Street and in the North River Heights area, and outperforms about 90% of homes city-wide for living area.
2. What is the property's recent sales history?
Records indicate it sold in August 2022 for a price between $500,000 and $550,000. Exact sale figures can be provided upon request.
3. Is the assessed value typical for the area?
Yes. The $487,000 assessment is around the average for both Ash Street and the North River Heights neighbourhood, but is considered above average when compared to the entire city.
4. What should I consider about the home's age?
Built in 1945, the home is older than most in Winnipeg but is typical for its well-established neighbourhood. This likely means classic construction and charm, but a thorough inspection is essential to understand the condition of major systems, the roof, and the foundation.
5. How does the lot size compare?
The 4,823 sq. ft. lot is very standard for the area, fitting right in with the typical lot sizes on Ash Street and in North River Heights. It is not an exceptionally large or small parcel for this location.