521 Ashworth Street S

Property Overview: 521 Ashworth Street S, Winnipeg

Key Characteristics & Appeal

This two-storey home in Dakota Crossing, built in 1988, presents a practical and well-sized offering. Its key appeal lies in its efficient use of space and its position as a solid, established property in the local context. With 1,406 sqft of living area, it provides more space than most homes on its own street, ranking in the top 17%. The recently renovated basement adds functional living space and modern convenience. The detached garage offers flexibility for parking, storage, or workshop use.

The home’s value is grounded in its neighbourhood standing. While its assessed value is around average for the city, it ranks higher (top 31%) on its own street, suggesting it is a comparatively strong performer in its immediate area. The lot size of 4,390 sqft is manageable, offering outdoor space without excessive maintenance. This property would suit first-time buyers or downsizers looking for a move-in-ready home with a renovated basement in a mature neighbourhood. It’s also a sensible fit for value-conscious buyers who prioritize more interior square footage over a larger yard, as the home offers above-average living space on a standard lot.

Frequently Asked Questions

1. How does this home compare to others in Dakota Crossing?
The home offers more living space than the neighbourhood average, but sits on a smaller-than-typical lot for the area. Its assessed value is below the neighbourhood average, which may present a value opportunity.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and permits should be verified by a buyer’s inspection and through direct inquiry with the seller.

3. Is the sale price from May 2024 reflective of current market value?
The recent sale provides a concrete data point, but current market value is determined by present conditions, buyer demand, and a professional appraisal.

4. What are the implications of the home’s age (built in 1988)?
Homes from this era often have modern wiring and plumbing fundamentals. A thorough inspection is recommended to assess the condition of major components like the roof, windows, and HVAC system, which may be nearing or past their typical lifespans.

5. How does the detached garage affect property use?
A detached garage provides flexibility and can be a plus for those wanting a workshop or separate storage. However, it may be less convenient during Winnipeg winters compared to an attached garage, a trade-off to consider.