Property Overview & Appeal
829 Ashburn Street is a compact, historic home in Winnipeg's Minto neighbourhood. Its key characteristic is its modest scale: at 630 sqft of living space on a 2,199 sqft lot, it is notably smaller than most homes on its street, in the area, and across the city. Built in 1895, it is one of the oldest homes in its comparative groups. The assessed value of $19,800 is significantly below average, reflecting its size and vintage.
The appeal lies in its position as an ultra-affordable entry point into the market, likely suited for a minimalist lifestyle or as a strategic investment. It would suit a first-time buyer with a limited budget who prioritizes location over space, or an investor looking for a lower-cost rental property. A thoughtful perspective is that a home of this age and size offers a lower environmental footprint and simpler upkeep, which can be a deliberate choice rather than just a compromise. Its consistent sale history suggests a steady, if unspectacular, demand in its niche.
Frequently Asked Questions
1. Why is the assessed value so much lower than typical sold prices?
The assessed value is for taxation purposes and is often lower than market value, especially for older, smaller homes. The sold price ranges reflect what buyers have actually paid in recent years.
2. What are the implications of owning such an old home?
While full of character, a home built in 1895 will likely require diligent maintenance and updates to mechanical systems like wiring and plumbing. It's essential to get a thorough inspection to understand the condition and potential costs.
3. Is the small living area a major drawback?
It depends on your needs. For a single person or couple, it can be efficient and cost-effective. However, it ranks in the bottom 10% for size locally, so it offers minimal room for growth or extensive possessions.
4. How does the lot size compare, and what does it mean for me?
The lot is smaller than about 75% of those on Ashburn Street. This means less outdoor space for gardening or expansion, but also less yard work. The potential for adding square footage to the home may be limited.
5. The sold price history shows ranges. How can I find the exact prices?
The exact sold prices are not publicly displayed in detail. You can request them by email through the listing service, which provides them manually as a courtesy.