Property Overview: 63 Ashford Drive, River Park South, Winnipeg
Key Characteristics & Appeal
This home presents a compelling opportunity centered on its exceptional lot size. Built in 1981, the 1,591 sqft living space is comfortably above average for its street and the city. However, the standout feature is the 10,482 sqft land area, which ranks in the top 1% on Ashford Drive and the top 3% in the River Park South neighborhood. This offers rare potential for expansion, gardening, or outdoor recreation in a mature suburb.
The assessed value of $437k is notably above the street average, suggesting the lot premium is already reflected in its official valuation. Its appeal lies in this unique land-to-house ratio, offering more space than typical for the area. It would suit a buyer who prioritizes yard space over a newer build, and who may see value in a property with room to grow, either by extending the home or simply enjoying a larger, private outdoor area. It’s a practical choice for those seeking established community roots, as the home’s age is typical for the immediate street.
Frequently Asked Questions
1. How does the lot size impact property taxes?
The assessed value, which influences taxes, is already significantly higher than the street average, largely due to this premium lot. Buyers should anticipate taxes commensurate with this above-average assessment.
2. Is the home’s condition consistent with its 1981 age?
The year built is typical for the street but older than the neighborhood average. A thorough inspection is advised to understand the condition of major 40+ year-old components like the roof, windows, and mechanical systems.
3. What does the sold price history indicate?
Public data shows it last sold between $300k-$350k in April 2020. The current assessed value of $437k indicates significant market appreciation since then, which is an important factor for offer pricing.
4. Are there any restrictions on using the large lot?
Buyers should verify with the city if there are any easements, zoning bylaws, or restrictive covenants that could affect plans for additions, sheds, or pool installation.
5. How does the living space compare to nearby homes?
At 1,591 sqft, the home is larger than most on Ashford Drive (avg. 1,290 sqft) but close to the city average. The interior space is generous but not the primary selling point; the focus is the disproportionate lot size.