Property Overview: 499 Ash Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 499 Ash Street is a classic North River Heights property, built in 1943, offering a practical footprint of 1,336 square feet on a 4,821 square foot lot. Its primary appeal lies in its position as a solid, entry-point home in a well-regarded, established neighborhood. The assessed value of $404k sits below the average for both Ash Street and North River Heights broadly, suggesting a potentially more accessible price point for the area. However, it is notably around the city-wide average, indicating it represents a typical Winnipeg home value.
The home suits first-time buyers or downsizers seeking the character and convenience of River Heights without the premium of a larger or fully renovated property. Its lot size, while smaller than many on its street, is close to the neighborhood average, offering a manageable yard. A thoughtful perspective is that its "around average" metrics across many categories signal a stable, predictable investment in a mature community, rather than a standout fixer-upper or a luxury offering. It’s a home for those who value location and community over square footage or modern finishes.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold between $400k-$450k in May 2024. This sale range aligns closely with its $404k assessed value, suggesting the assessment was reflective of the market price at that time.
2. Is the living space smaller than other homes in the area?
Yes, at 1,336 sqft, the living area is below the average for both Ash Street and the North River Heights neighborhood. It is, however, very close to the city-wide average for comparable homes.
3. What does the "below average" land area mean for this lot?
The lot of 4,821 sqft is below the average for Ash Street but is near the typical size for North River Heights as a whole. It provides a standard city lot, likely with a good balance of yard space and low maintenance.
4. The home was built in 1943. Should I be concerned about its age?
The age is typical for the neighborhood, which is largely comprised of homes from this era. Buyers should anticipate the potential for age-related updates (like plumbing, electrical, or windows) common to houses of this vintage, and a thorough inspection is recommended.
5. How can I find out the exact sold price?
The exact sold price is not publicly displayed on this site due to data source restrictions. You can request the exact figure by email via the "Request exact figures by email" link on the property page, and the team will provide it via a manual lookup.