Property Overview: 151 Ashdale Avenue, Norwood West, Winnipeg
Key Characteristics & Appeal
This home on Ashdale Avenue stands out for its generous proportions and established value within its community. Built in 1948, it is a classic, well-situated property in Norwood West. Its primary appeal lies in its significant above-average living space of 1,907 sqft, which ranks within the top 20% of homes on its street, in the neighbourhood, and across Winnipeg. This suggests a home with ample room for families or those desiring spacious interiors not commonly found in newer builds.
The property’s assessed value of $677,000 further underscores its premium positioning, ranking in the elite top 4% city-wide and the top 3% within Norwood West. This indicates it is considered a higher-value asset compared to most local and city properties. The lot size is consistent with area norms, offering standard outdoor space. A thoughtful perspective is that this home represents a solid, established investment in a mature neighbourhood—it’s not the newest on the block, but its size and valuation metrics suggest a quality and scale that has enduring appeal. It would particularly suit buyers looking for character and space over a modern build, and who value a home that holds a strong, quantifiable position in the local market hierarchy.
Frequently Asked Questions
1. How does the home’s age affect its value?
While built in 1948 (older than the city-wide average), its assessed value is exceptionally high. This suggests that factors like its size, location, construction quality, and updates likely outweigh the age, presenting a classic home that has maintained and grown its value.
2. What does the "Elite" assessed value ranking mean?
Ranking in the top 3-4% for assessed value means this property is officially valued higher than 96-97% of homes in its comparison groups. It reflects a premium valuation by the assessment authority, often due to a combination of size, desirability of location, and property condition.
3. Is the lot size a pro or a con?
At just under 6,000 sqft, the land area is around average for the street and neighbourhood. It provides a standard-sized urban yard. It’s neither an exceptionally large lot nor a small one, so its impact is neutral for buyers seeking typical outdoor space.
4. The home sold in late 2019. What can that price tell me?
The last sale price was reported between $600,000-$650,000. Comparing that to the current $677,000 assessment can indicate market appreciation trends, but an exact, verified sale price would be needed for precise analysis. This can be requested via the site.
5. How reliable is this comparative data?
The rankings are based on publicly available assessment and sale data, providing a useful contextual snapshot. For complete accuracy, especially for historical sale prices, it is recommended to request manually verified figures, as the site does not use MLS data.