Property Overview
This home at 637 Ashburn Street in Winnipeg's Minto neighbourhood presents a distinct profile. Built in 2010, it is a significantly newer construction compared to most homes on its street and in the wider area, which are predominantly from the early 1930s. With 1,440 sqft of living space, it offers substantially more room than the typical home in its immediate vicinity. The property’s assessed value of $350k ranks it among the top-tier homes locally. However, the lot size of 2,200 sqft is more compact than area averages, suggesting a low-maintenance yard. Recent sale data indicates it sold for between $250k-$300k in 2023.
Key Characteristics & Appeal
The primary appeal of this property lies in its modern build within an established neighbourhood. Buyers gain the benefits of a newer home—likely featuring contemporary layouts, systems, and efficiency—without being in a new suburban subdivision. It offers above-average interior space on a smaller, manageable lot, which is a practical combination for those who prefer less outdoor upkeep.
This home would suit buyers looking for a move-in-ready, modern property who value the character and maturity of an older neighbourhood like Minto. It’s particularly suited for those who prioritize interior space over a large garden. The data suggests it offers strong value relative to its immediate surroundings, making it a standout option in its local market. A less obvious perspective is that the compact lot, while not offering expansive outdoor space, could translate to lower property taxes and maintenance costs compared to a similar-sized home on a larger lot, adding to its efficiency.
Frequently Asked Questions
1. How does the 2023 sale price relate to the current assessed value?
The home sold for an estimated $250k-$300k in 2023, which is below its current $350k assessed value. This difference can be due to market fluctuations, assessed value adjustments after the sale, or specific conditions of the prior sale.
2. What are the implications of having a newer home on a street of much older houses?
This can be a double-edged sword. You benefit from modern construction and potentially fewer immediate repairs. However, the architectural style and scale might differ from neighbouring homes, and future resale value will be influenced by how well the modern home is perceived within the traditional streetscape.
3. The lot size is noted as below average. How will this affect use?
The 2,200 sqft lot means outdoor space is limited. It's suitable for a patio, small garden, or low-maintenance landscaping, but not for large lawns, extensive gardens, or adding significant structures like a large garage or addition, subject to zoning.
4. Why is the assessed value so high compared to nearby homes?
The assessed value reflects the home's relative newness (2010), its larger living area, and modern amenities compared to the older, often smaller homes that dominate the area's housing stock. It is assessed among the top 3-5% of properties in the local Minto area.
5. How can I get the exact historical sold price?
The exact sold price is not publicly listed in detail. As noted on the listing, you can provide your email address to request this information manually from the service; they state they do not use emails for unsolicited marketing.