Property Overview: 563 Ashworth Street S, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, one-storey home built in 1989, offering a practical and comfortable layout with 1,040 square feet of living space. Its key updated feature is a renovated basement, adding valuable finished space. The property includes a detached garage and sits on a 3,777 sqft lot in the Dakota Crossing neighbourhood.
The home’s primary appeal lies in its solid, move-in-ready condition and its sensible scale, which avoids the maintenance demands of larger, older properties. The 1989 build date is a relative advantage on its street and city-wide, suggesting more modern construction standards than many peers. While the lot size is modest for the area, it translates to less yard work. The assessed value positions this as an accessible entry point into the market, with recent sale history indicating steady appreciation.
This property would suit first-time homebuyers seeking a manageable, updated starter home, or downsizers looking for a single-level living without a major renovation project. It’s a pragmatic choice for those who value a modernized interior and a lower-maintenance footprint over a large lot or premium neighbourhood positioning.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The assessed value is below the average for the Dakota Crossing neighbourhood, making it a more affordable option in the area. However, it is around the average value for its specific street and city-wide, indicating a fair, mid-market price point.
2. Is the lot size a drawback?
The lot is smaller than many in Dakota Crossing, which means less private outdoor space. For some, this is a downside; for others, it represents a desirable reduction in landscaping responsibilities and upkeep costs.
3. What does the "renovated basement" typically include?
While specifics should be verified, a renovated basement in a home of this era generally means it has been finished into a livable space, potentially adding recreational rooms, extra storage, or a secondary living area, which significantly increases the functional square footage.
4. How stable has the property’s value been?
Based on the last two sales, the home has shown appreciable growth in sale price from 2016 to 2022, suggesting it has held and increased its value well in recent years.
5. Who might this home not suit?
It may not suit buyers seeking a large yard, above-average square footage for the neighbourhood, or a brand-new build. The lot and living area are functionally sized but are not among the largest in the area.