Property Overview: 763 Ashburn Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Ashburn Street in the Minto neighbourhood presents a practical entry point into Winnipeg’s market. Built in 1914, it’s a character property with a compact 827 sqft layout and a modest 2,199 sqft lot. The data suggests its primary appeal is affordability and relative value within its immediate area. While its living space and assessed value are below the city-wide averages, they are much more aligned with—or even slightly above—the averages for Ashburn Street and the Minto area itself. This indicates you are paying for a home that fits its local context, not city-wide expectations.
Its appeal lies in being a manageable, no-frills property in an established community. It would suit first-time buyers or investors seeking a lower-priced asset with renovation potential, provided they are comfortable with the upkeep of an older home. A thoughtful perspective is that its smaller lot size, while below average, translates to less exterior maintenance—a potential benefit for those seeking a simpler yard. The sales history shows steady appreciation, last selling in the $200k-$250k range in 2024, pointing to its viability as a solid, basic holding in Winnipeg’s residential landscape.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The assessed value of $21,500 is around average for Ashburn Street itself (ranking in the top 69%) but below the averages for the wider Minto area and Winnipeg overall. This positions it as a competitively priced option on its own block.
2. What should I consider about the home’s age?
Built in 1914, the home is older than most in the city. While this can mean character, it also necessitates a thorough inspection for foundational integrity, wiring, plumbing, and insulation to understand potential upgrade costs.
3. Is the living space sufficient?
At 827 sqft, the living area is smaller than the typical Winnipeg home but is closer to the average for Minto. It’s a compact layout best suited for individuals, couples, or small families comfortable with efficient use of space.
4. Why is the lot size notable?
The lot of 2,199 sqft is significantly smaller than both city and neighbourhood averages. This limits expansive outdoor space but also reduces landscaping responsibilities and may lower property tax assessments relative to larger lots.
5. How can I get the exact historical sale prices?
The listed sale prices (e.g., CA$200k–250k in 2024) are estimated ranges from public data. You can request the precise sale history by emailing the provided service; they manually confirm and share the exact figures without using your email for marketing.