Property Overview
826 Ashburn Street is a 907 sqft home built in 1911, situated on a 2,655 sqft lot in Winnipeg's Minto neighbourhood. The data presents a property of contrasts: its living space and lot size are fairly typical for its immediate street and area, yet it stands out for its notably low assessed value compared to wider benchmarks. This combination defines its unique position in the market.
Key Characteristics & Appeal
The primary appeal of this home lies in its affordability and location within a mature neighbourhood. With an assessed value significantly below area and city averages, it represents a lower barrier to entry for homeownership in Winnipeg. The lot size is manageable and on par with nearby properties, offering standard outdoor space without excessive maintenance.
Its characteristics suggest it would best suit practical, value-oriented buyers. This includes first-time purchasers comfortable with a home that may require updates, or investors looking for a rental property with a modest entry cost. The 1911 build date means the structure has historic charm but also implies that systems, insulation, and layout may not meet modern standards without renovation. A thoughtful perspective is that this property offers a chance to own in the city without the premium price tag of a newer or larger home, allowing financial resources to be allocated towards customization or savings. Its consistent sales history indicates steady demand at its price point.
Frequently Asked Questions
1. Why is the assessed value so much lower than the averages shown?
The assessed value is a municipal valuation for tax purposes, not a market price. Its low value relative to averages, especially city-wide, strongly suggests the home is more modest in finish, size, or features than typical Winnipeg properties. It may also reflect the age and condition of the 1911 structure.
2. What does the "rank" and "top" percentage mean for each feature?
These metrics show how this property compares to groups of "comparable homes." For example, a "Top 51%" rank for living area means its square footage is greater than 51% of similar homes on its street, placing it around the middle. A "Top 93%" rank for assessed value city-wide means its value is higher than only 7% of homes, placing it in the bottom tier.
3. Is the sold price history reliable?
The listed sold prices (e.g., CA$200k–250k in 2021) are estimated ranges based on public data. The listing service offers to provide the exact sold price via email, noting they do not use the contact for unsolicited marketing.
4. What are the implications of a 1911 build date?
While offering character, a home of this age likely requires careful attention to foundational integrity, plumbing, electrical systems, and energy efficiency. Prospective buyers should budget for potential updates and prioritize a thorough inspection to understand the home's condition and any necessary investments.
5. How does the lot size compare?
At 2,655 sqft, the lot is slightly smaller than the average on Ashburn Street (3,058 sqft) and for the Minto area (3,267 sqft). It is significantly smaller than the city-wide average. This indicates a standard, compact urban lot for the neighbourhood, sufficient for a yard or garden but not for expansive outdoor amenities.