Property Overview: 106 Ashworth Street, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This 1973-built home in Meadowood is a compact, single-story property offering an efficient 800 sqft of living space on a 3,531 sqft lot. Its key characteristic is its value-oriented position within the market. The home’s assessed value is notably below average for its immediate street and neighbourhood, yet it sits closer to the city-wide average, suggesting it is priced accessibly for the Winnipeg market. The lot size, while smaller than many in the city, is relatively standard for the local area.
The primary appeal lies in its potential as an affordable entry point into homeownership or as a practical investment property. It suits first-time buyers seeking manageable maintenance and lower property taxes, or investors looking for a rental property with a stable baseline value. A thoughtful perspective is that its older vintage (1973) may appeal to those preferring the simpler construction styles of that era, and its smaller scale presents an opportunity for energy-efficient upgrades that could be highly cost-effective. The recent sale history indicates steady appreciation, pointing to a stable, if not rapidly escalating, investment.
Section 2: Frequently Asked Questions
1. Is the assessed value an accurate reflection of the likely selling price?
The assessed value ($30,400) is for municipal tax purposes. Recent sold prices (e.g., $300k-$350k in 2022) are a more current market indicator, but a professional appraisal and market analysis are needed for an accurate listing price.
2. How does the smaller living area compare to nearby homes?
At 800 sqft, the home is smaller than most comparable properties on Ashworth Street (avg. ~1,093 sqft) and in the wider Meadowood area (avg. ~1,114 sqft). This is a defining feature, contributing to its affordability.
3. What does the sold price history tell us about the property's value trend?
The home sold in the $200k-$250k range in 2017 and $300k-$350k range in 2022. This suggests a pattern of value increase over that five-year period, consistent with broader market trends during those years.
4. Is the lot size a significant limitation?
The lot (3,531 sqft) is below the city average but not atypical for the neighbourhood. It provides adequate outdoor space for a patio, garden, or shed without the burden of extensive lawn maintenance.
5. How can I get the exact historical sold prices instead of the published ranges?
The exact sold prices are not publicly displayed due to data licensing. You can request them directly via the email form provided on the listing page; the service aims to provide the figures manually by the end of the same day.