Property Overview: 707 Sherburn Street, Winnipeg
Key Characteristics & Appeal
This home at 707 Sherburn Street in the Minto neighbourhood is a compact, character property built in 1931. With 828 square feet of living space on a 2,823 sqft lot, it presents as a more modestly scaled home, particularly when compared to others on its own street. Its assessed value is notably lower than the city-wide average, which aligns with its smaller footprint and older age.
The primary appeal lies in its position as an attainable entry point into the Winnipeg market, especially for a home built in the 1930s. The data suggests it is a house of contrasts: while its size is below average for the street, it is actually newer than most homes in the immediate vicinity, ranking in the top 15% on Sherburn Street for year built. This could indicate a well-preserved or updated character home in a street of even older properties. It last sold in the $250k-$300k range in 2022.
This property would best suit first-time buyers, downsizers, or investors looking for a lower entry cost. It’s for someone who values location and character over square footage, and who is prepared for the maintenance that can come with a 95-year-old home. The lot size, while below the city average, is fairly typical for the area and may offer manageable outdoor space.
Frequently Asked Questions
1. Is this a small house?
Yes, at 828 sqft, the living area is below average for the street, the Minto area, and the city overall. It is a compact, character bungalow.
2. Why is the assessed value so much lower than the city average?
The city-wide average assessed value includes all property types and sizes across Winnipeg. This home’s assessed value is much more in line with averages for the Minto area and Sherburn Street, reflecting its smaller size and older age.
3. How does the year built affect this property?
Built in 1931, it is actually newer than many homes on its street, which may be a positive. However, any home of this age will require a careful inspection for the condition of major systems like plumbing, electrical, and the foundation.
4. What can the 2022 sale price range tell me?
The previous sale in the $250k-$300k range provides a recent market benchmark. Interested buyers should research current market conditions to understand how values have shifted since then.
5. How do I find out the exact historical sale prices?
The exact sold prices are not published publicly. As noted on the listing, you must request this information directly from the site via email, and they provide it manually.