Property Overview: 170 Ashdale Avenue, Norwood West, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 170 Ashdale Avenue presents a compelling blend of space, location, and established value. Its key strength lies in its generous 7,407 sqft lot, which ranks in the top 5% of properties in Norwood West. This offers significant outdoor space and potential, a notable advantage in a mature neighbourhood. The 1,631 sqft living area is comfortably above average for both the area and the city, providing ample room.
The appeal is rooted in its established, above-average positioning within a desirable context. With an assessed value of $514,000, it sits well above the averages for Norwood West and Winnipeg overall, indicating a perceived premium. Built in 1948, the home is older than most in the city but is actually one of the newer homes on its own street, suggesting a well-regarded, stable streetscape.
This property would suit a buyer looking for a character home in a prime inner-city location who values a large lot above all else. It’s ideal for someone with a vision for gardens, outdoor living, or future expansion. It also suits a buyer who appreciates a home with a strong, data-backed value proposition relative to its immediate neighbours and wider community, offering a balance of space and established neighbourhood charm.
Section 2: Frequently Asked Questions
1. How does the sold price from 2022 relate to the current assessed value?
The home sold for an estimated $550,000–$600,000 in late 2022. The current assessed value of $514,000 is below that range, which may reflect market adjustments, the assessed value methodology, or specific property conditions. It’s a useful starting point for understanding its municipal valuation versus recent market activity.
2. What does the "Elite" ranking for lot size mean in practice?
Ranking in the top 5% for land area in Norwood West means this lot is exceptionally large for the neighbourhood. In practical terms, this could allow for features uncommon in the area, such as a spacious backyard, a large garden, a detached garage, or even potential for an addition (subject to zoning and permits).
3. The home is older than the city average. Should I be concerned?
While older than the typical Winnipeg home, it’s newer than most on its street and in Norwood West. This often means the neighbourhood's infrastructure and character are well-established, and many homes have undergone updates. A thorough inspection is always recommended to understand the condition of major systems like roof, plumbing, and wiring.
4. The assessed value is high for the street. Is that good or bad?
Ranking 8th highest out of 30 on the street for assessed value suggests the property is considered one of the more valuable homes on Ashdale Avenue. This can be positive for equity and perception but may also mean property taxes are relatively higher compared to immediate neighbours.
5. Where can I get the exact historical sale price?
The exact sale price is not publicly displayed due to industry regulations. You can request the precise figure by emailing the site directly. They will provide a manual lookup and send the information to you, typically by the end of the same business day.