Property Overview
263 Ashworth Street is a notably spacious home in Winnipeg's Meadowood neighbourhood, built in 1983. Its primary distinction is its generous living space of 1,961 sqft, which ranks in the top 1% of homes on its street and the top 2% within Meadowood. The lot size is also comfortably above average for the immediate area. While the home's assessed value is strong for the neighbourhood, its interior space is its most standout feature, offering significantly more room than typical local comparables. This creates a specific value proposition: a home with the lot and location of a Meadowood property but the interior square footage often found in more expensive areas.
Key Characteristics & Appeal
The core appeal of this property lies in its exceptional interior size relative to its surroundings. Buyers get the practical benefits of a mature neighbourhood with larger, established lots, but without the compromise of a smaller floor plan that is common for the area. It’s a home that offers room to grow, work, or simply spread out, which is a rare find on this street.
This home would suit practical buyers who prioritize space and value. It's ideal for a growing family needing more bedrooms or living areas, someone who works from home and requires dedicated office space, or a buyer looking for a property with "good bones" and the potential to update over time while already having ample room. The 1983 build date suggests systems and structure from a modern era, but it may appeal to those comfortable with personalizing finishes.
A less obvious perspective is that this property represents a statistical outlier in its micro-market. Its size advantage could provide a buffer against market fluctuations, as such standout features are always in limited supply. Additionally, the above-average lot for the street offers valuable outdoor space, which complements the generous indoor living area.
Frequently Asked Questions
1. Why is the living area so much larger than neighbouring homes?
The data shows this home's living area is exceptionally large for Ashworth Street and the wider Meadowood area. This suggests the home may have been designed with a different layout, had a thoughtful addition, or was simply built to a larger original plan than others on the street.
2. How does the assessed value compare to the last sale price?
The home sold in the range of CA$350k–400k in 2016. Its current assessed value is $48,800. It is important to note that assessed value for tax purposes is not a market valuation. For an accurate current market value, a professional appraisal or comparative market analysis is recommended.
3. What does the "Elite" ranking for living area mean?
The "Elite" ranking indicates this home's living area falls within the top 5% of all comparable homes in that geographic category (e.g., top 2% in Meadowood). It is a statistical benchmark showing the property significantly outperforms the average in that specific metric.
4. Is a 1983-built home considered old?
Built in 1983, this home is newer than the average for both the city of Winnipeg and the Meadowood area. This typically means major components like wiring, plumbing, and insulation may be more modern than in older homes, though all systems should still be professionally inspected for their current condition.
5. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed in detail. The listing service offers to provide this information manually via email upon request, at no cost and without marketing spam, to ensure data privacy and accuracy.