61 Ash Street – Property Summary
Key Characteristics & Buyer Profile
This is a standout property, primarily defined by its scale. With a living area of 4,277 square feet and a land size of 11,988 square feet, it ranks in the top 1% citywide for both metrics. On its own street, it is the largest home. The assessed value of $1.54M reflects this scarcity, placing it in the top 1% of Winnipeg, yet notably below what a comparable new build might cost. The house was built in 1929, which positions it as older than most homes on the street and in the city. This is not a turnkey modern property; its appeal lies in substantial space, a prime lot in the Wellington Crescent area, and the bones of a well-established era. The ideal buyer is someone looking for a large-scale renovation project, or someone who values the combination of historic character, acreage-like land in a central district, and a price point that reflects potential rather than a finished product. It suits those who see the top-tier size rankings as an asset worth updating, rather than a deal-breaker.
Five Frequently Asked Questions
1. Is this price high for the area?
Not when you consider the size. The assessed value is $1.54M, which ranks 2nd on Ash Street and in the top 8% of Wellington Crescent. However, the average assessment on the street is $505K, so it is significantly above the local norm. You are paying for the top-tier square footage and land, not a fully updated interior.
2. What condition is a 1929 house likely in?
That depends on what has been done since. The data shows it is an older home, ranking in the bottom 27% of the street by year built. Expect original details, but also anticipate needing major system upgrades (plumbing, electrical, insulation) and potential structural work. A thorough inspection is essential.
3. How does the lot compare?
The lot is nearly 12,000 square feet, ranking in the top 5% on Ash Street and top 4% citywide. This is generous for a central Winnipeg property and offers room for landscaping, additions, or even subdivision (pending zoning checks). It is a clear differentiator.
4. Who typically buys a home like this?
Buyers who are comfortable with renovation timelines and budgets. It suits someone who wants a large floor plan and a big yard in a well-regarded neighbourhood but cannot afford (or does not want) a fully renovated mansion at a higher price point. It is not for someone seeking a move-in-ready, low-maintenance home.
5. How does it compare to other homes on Ash Street?
It is the largest home on the street by a wide margin—roughly 2.5 times the street’s average living area. It is also the second most highly assessed property, and one of the oldest. Essentially, it is the biggest, most valuable, and one of the earliest-built homes on the block.