Property Overview: 725 Ashburn Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Ashburn Street in the Minto neighbourhood presents a distinct profile defined by its above-average interior space within a more modest, historic footprint. Built in 1912, its key appeal lies in offering generous living area (1,290 sq ft) that ranks notably high for its immediate street and area, suggesting a well-utilized layout. This is contrasted by a smaller, city-below-average land area (2,199 sq ft), indicating a lower-maintenance yard.
The home’s assessed value is above average for Minto and the street itself, but below the Winnipeg city average, positioning it as a potentially accessible option in its locale. Recent sale history shows steady appreciation. The property suits buyers seeking character and space in an established neighbourhood without the burden of a large lot. It would particularly appeal to first-time homeowners, downsizers, or investors looking for a manageable property with a proven track record in a dense, mature community. A thoughtful perspective is that this home represents efficiency: it prioritizes interior living space over land, which aligns with urban living trends and can mean lower property taxes relative to city-wide averages.
Section 2: Frequently Asked Questions
1. How does the smaller lot size impact this property?
While the land area is below average for the city, it is not uncommon for the older, central neighbourhood of Minto. This typically translates to less exterior maintenance and lower landscaping costs, which can be a benefit for many buyers.
2. The home was built in 1912. What should I consider?
A home of this age likely has classic charm but requires a diligent inspection. Focus on the condition of major updated systems (roof, wiring, plumbing, heating) and the foundation. Its longevity also suggests a well-established, stable neighbourhood.
3. Why is the assessed value above average for the area but below average for the city?
This reflects Minto’s position in the broader Winnipeg market. The assessment suggests the property is valued highly within its immediate context, offering good space for the neighbourhood, while overall values in Minto are generally more accessible than the city-wide average.
4. What do the recent sold prices indicate?
The sold price ranges show clear appreciation between 2019 and 2024, consistent with broader market trends. The fact that it sold in the top 12-16% for its street and area in 2024 indicates it was a desirable property within its specific market.
5. How can I get the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you can request this information directly via email from the service, which provides the data manually without using your contact for marketing spam.