Property Overview: 683 Ashburn Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 683 Ashburn Street is a classic, early-1900s residence in the Minto neighbourhood, offering a practical footprint of just over 1,000 square feet. Its primary appeal lies in its established location and relative value within its immediate area. While its living space is modest compared to the city-wide average, it is actually slightly larger than typical homes on Ashburn Street itself. The assessed value follows a similar pattern, positioning it as an average offering for the street and Minto area, but representing a more accessible entry point compared to Winnipeg's broader market.
The property suits first-time homebuyers or investors seeking a character home in a long-established neighbourhood without a premium price tag. Its smaller lot size (2,199 sq ft) means less maintenance, which could be a draw for downsizers or those seeking a lower-upkeep property. A thoughtful perspective is that this home represents the "fabric" of its community—it's not an outlier in size or value on its block, suggesting a stable, consistent streetscape. However, its age (built in 1912) means prospective buyers should be prepared for the potential maintenance and updating needs inherent to a century-old structure.
Section 2: Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value (listed as $25,500) is for municipal tax purposes. Market value is determined by what a buyer is willing to pay, which recent sold price ranges ($200k-$250k in 2020) indicate is significantly higher.
2. What does the "ranking" data mean for living area and value?
The rankings compare this home to others. For example, its living area is ranked 159th out of 387 on Ashburn Street (Top 41%), meaning it's larger than many of its direct neighbours. Its value ranking similarly shows it's priced around the middle of the pack for the local area.
3. How does the smaller lot size impact the property?
The lot is below average in size for the street, neighbourhood, and city. This typically means less outdoor maintenance and yard work, but also less space for expansions, additions, or extensive landscaping.
4. The home is over 110 years old. What should I consider?
While offering character, a home from 1912 likely has older building materials and systems. A thorough inspection is essential to understand the condition of the foundation, plumbing, electrical wiring, and roof. Updates and renovations over the years will be a key factor in its current state.
5. Why is there only a sold price range and not an exact figure?
Exact sold prices in Manitoba are not publicly available through standard listings. The provided ranges are based on public data estimates. You can request the exact historical sold price from the site via email, as noted in the details.