Property Overview: 431 Ash Street, Winnipeg
Key Characteristics & Appeal
This 1,540 sqft home, built in 1941, sits on a 4,821 sqft lot in North River Heights. Its primary appeal lies in its strong value proposition within a desirable, established neighbourhood. The home's assessed value of $610k ranks consistently in the top 15% of comparable properties on its street, in the area, and citywide, indicating it is viewed as a premium asset relative to its peers. Interestingly, while the living space is around average for the immediate area, it is above average compared to the typical Winnipeg home, offering solid space efficiency.
The property would suit buyers who prioritize location and perceived value over a newer build or a very large lot. It’s a strong candidate for someone looking for a character home in a prime neighbourhood, with the understanding that a house of this age may require updates or maintenance. The data suggests it appeals to a buyer who sees value in an established community rather than a sprawling suburban lot, as the land size is modest for the street. Its last known sale in mid-2022 was in a very high price percentile, reinforcing its desirability.
Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value is for municipal tax purposes and is not an appraisal. However, consistently ranking in the top 12-13% locally suggests the property is considered above average in its market segment, which can be a useful benchmark.
2. What does the age of the home (1941) mean for me?
A home from this era often features solid construction and character but may have older mechanical systems (like plumbing or electrical), insulation, or windows. A thorough inspection is essential to understand the condition and potential update costs.
3. The lot size is below average for Ash Street. Is that a concern?
It depends on your priorities. The lot is more in line with the neighbourhood and city averages. It likely means less yard maintenance but may offer less private outdoor space than some neighbours. It reflects a more efficient use of land.
4. Can I see the exact historical sale price?
For exact sale figures and a full transaction history, you must request a manual lookup via email, as this site does not display MLS sold records due to industry rules.
5. How current is the sold price data shown?
The sold price range shown (CA$700k–750k) is from July 2022. The system uses publicly available data from January 2016 through April 2025, though some months may be missing. For the most precise and verified history, the email request is recommended.