Property Overview: 648 Ash Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Central River Heights is a practical property centered on its location and lot. Built in 1950, it offers 1,248 sqft of living space, which is fairly typical for the neighbourhood. Its key updated feature is a renovated basement, adding functional space, and it includes a detached garage. The land size of 4,805 sqft is notably smaller than most lots on Ash Street itself but is generally in line with the Central River Heights area.
The primary appeal lies in securing a home in a well-established, desirable neighbourhood, often at a more accessible point than larger properties on the street. It suits first-time buyers or downsizers seeking a lower-maintenance footprint within a prime location, or investors looking for a character-home rental in a stable area. A thoughtful perspective: while the house is modest relative to its street, it represents an opportunity to enter a sought-after community where the value is often more in the address than the square footage. The renovated basement also adds immediate utility without the need for a major project.
Section 2: Frequently Asked Questions
1. Is the lot size a disadvantage?
While the land is smaller than the average for Ash Street, it is quite typical for the wider Central River Heights neighbourhood. This translates to less yard maintenance, which can be a positive for many buyers.
2. What does the "renovated basement" include?
Specific finishes and the scope of the renovation should be verified with the listing agent or through a viewing. It indicates modernized, usable space, but inquiring about permits, moisture control, and ceiling height is advisable.
3. How does the assessed value relate to the likely sale price?
The assessed value is for municipal tax purposes. The last known sale was in 2016 for $34.5k. The current market price will be determined by recent neighbourhood sales, condition, and demand, and will likely be significantly higher than both these figures.
4. Who might this property not suit?
Buyers needing extensive main-floor living space or a large, private yard may find it limiting. It's better suited for those who prioritize location and neighbourhood amenities over sheer size.
5. What are the implications of a detached garage?
It provides secure storage and parking but means navigating outdoors to access your vehicle from the house—a consideration in Winnipeg winters. It also offers potential for a workshop or separate storage space.