Property Overview: 840 Ashburn Street, Winnipeg
Key Characteristics & Appeal
This home at 840 Ashburn Street in the Minto neighbourhood is a property defined by its historical roots and practical value. Built in 1907, it is notably older than most homes in the city, offering classic character. With 1,077 square feet of living space, it provides a comfortably sized interior that is above average for its immediate street and in line with the local area. The lot size of 2,552 sqft is manageable and typical for the street.
The primary appeal lies in its accessible entry point to the market. The assessed value is significantly below average for Winnipeg, indicating a lower property tax burden and an opportunity for buyers seeking affordability. Its last sold price (2023) also fell in a range well below city-wide averages. This is a practical home for a first-time buyer, an investor, or someone looking to minimize monthly carrying costs while securing a solid footprint in the city. It suits those who appreciate older home charm and are prepared for the maintenance that can come with a century-old structure, or those who see potential in a foundational property.
Frequently Asked Questions
1. What does the "below average" assessed value mean for me?
A below-average assessed value generally translates to lower annual property taxes compared to similar-sized homes with higher assessments. It reflects the market valuation for tax purposes, not necessarily the sale price.
2. As a 1907 home, what should I consider?
While offering character, a home of this age will likely have older infrastructure. A thorough inspection is essential to understand the condition of major systems like wiring, plumbing, and the foundation, and to budget for potential updates.
3. How does the living space compare practically?
At 1,077 sqft, the living area is spacious for the immediate area and provides a functional layout for a small family, couple, or individual. It is more compact than the Winnipeg average, promoting efficient use of space.
4. Is the lot size a limitation?
The 2,552 sqft lot is standard for the street and neighbourhood. It provides adequate outdoor space for a patio, garden, or small yard without the high maintenance of a much larger plot, which can be a benefit for many.
5. How can I find out the exact past sale price?
The exact sold price history is not publicly displayed online. As noted on the listing, you can request this information directly via email from the service, and they provide it manually without using your email for marketing.