Property Overview: 701 Sherburn Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 701 Sherburn Street in the Minto neighbourhood is defined by its practicality and position as an accessible entry point into the Winnipeg market. Built in 1930, it is a notably well-maintained vintage for its street, ranking in the top 19% for age among immediate neighbours. The property features 815 square feet of living space on a 2,823 square foot lot, making it a compact and manageable footprint. Its assessed value is closely aligned with the local area average, suggesting a stable and established valuation context.
The primary appeal lies in its efficiency and location. It represents a lower-barrier option for ownership, suited for those who prioritize a straightforward, low-maintenance property without the premium often attached to larger, newer homes. It would particularly suit first-time buyers, downsizers, or pragmatic investors seeking a character home with a modest scale. A thoughtful perspective is that its smaller size and lot, while below city-wide averages, translate to lower utility costs, less upkeep, and a smaller environmental footprint—appealing for a minimalist or budget-conscious lifestyle. Its value is rooted in what it doesn’t require: a massive investment of time, money, or resources to maintain.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to the area?
At 815 sq ft, the living area is below the average for both the immediate street and the wider city. This indicates a more compact, efficient home typical of its era, which can mean lower heating costs and less maintenance.
2. Is the assessed value typical for Minto?
Yes. The assessed value of $26,300 is very close to the averages for both Sherburn Street and the broader Minto area, indicating the property is priced consistently within its local market context.
3. What does the "Year Built" ranking mean?
Built in 1930, this home ranks in the top 19% on its street for being newer. This suggests it is among the more recently built houses in this specific cluster, which may point to potentially updated infrastructure compared to even older neighbours.
4. Why is the city-wide assessed value average so much higher?
The city-wide average includes all property types and sizes across Winnipeg. This home’s assessed value is below that broad average because it is a modest-sized, older home in a central neighbourhood, not a newer or larger suburban property.
5. How can I find out what this or similar homes have sold for?
Exact sold price history is not publicly displayed. You can request the precise historical data via the email form provided on the listing page; the service manually provides this information without using your email for marketing.