Property Overview
729 Sherburn Street is a 1.5-storey home in Winnipeg’s Minto neighbourhood, built in 1934. With 841 square feet of living space on a 2,824 sqft lot, it presents a compact and manageable footprint. Its assessed value is $240,000. The home last sold between $250,000–$300,000 in 2021.
Key Characteristics & Appeal
This property is defined by its efficiency and location. The home is notably smaller than many on its street and across the city, which translates to lower utility costs and minimal upkeep—a practical advantage for those seeking simplicity. Its assessed value is very typical for the immediate area, suggesting it’s priced in line with the local market rather than carrying a premium for size or condition.
The appeal lies in its position as an attainable entry point into homeownership. It suits first-time buyers, downsizers, or investors looking for a straightforward rental property. A less obvious perspective is its lot size: while below average city-wide, the yard is reasonably proportional to the home's size for the neighbourhood, offering usable outdoor space without being burdensome. Additionally, being built later than many houses on the street could imply updates or construction methods from a slightly more modern era, though a thorough inspection would be needed.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 841 sqft, the living area is smaller than the average home on Sherburn Street but is close to the average for the broader Minto area. It represents a more compact living option.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $240,000 is around the neighbourhood average. The home last sold for an estimated $250,000–$300,000 in 2021, so market conditions and property updates since then will be the primary price drivers.
3. What does the "Top 12%" ranking for year built on its street mean?
This means the home (built in 1934) is newer than 88% of comparable properties on Sherburn Street, where the average build year is 1925. It is one of the more recently built homes on the block.
4. Who would this property be most suitable for?
It’s well-suited for first-time buyers due to its manageable scale and typical area valuation, or for downsizers seeking a low-maintenance home. Its lot size also makes it a potential candidate for investors.
5. How can I find out the exact past sale price?
Exact sold prices are not publicly displayed. You can request the accurate history by emailing through the provided form on the listing page; the service aims to reply by the end of the same day.