Property Overview: 843 Ashburn Street, Winnipeg
Key Characteristics & Appeal
This home at 843 Ashburn Street in the Minto neighbourhood presents a specific and practical value proposition. Built in 1961, it is notably newer than most homes on its street and in the immediate area, which may suggest updated infrastructure or fewer concerns associated with very old homes. With 798 square feet of living space, it is a compact property, smaller than the average home in Minto and significantly smaller than the Winnipeg city average. This is paired with a modestly sized lot of 2,199 square feet.
The appeal here is rooted in efficiency and affordability. The home’s assessed value is well below averages at every geographic level, indicating a lower property tax burden and an accessible entry point into the market. It suits first-time buyers, investors seeking a rental property, or downsizers looking for a manageable, low-maintenance home without the premium of a larger lot or extensive square footage. A thoughtful perspective is that its smaller scale offers a chance for a cozy, efficient lifestyle with reduced utility and upkeep costs. The recent sale in the $250k-$300k range confirms its position as a value-oriented option in the current market.
Frequently Asked Questions
1. Is this a small house?
Yes. At 798 sq ft, the living area is below the average for both the Minto neighbourhood and the city of Winnipeg. It is designed for efficient, low-maintenance living.
2. Why is the assessed value so much lower than the sale price?
The assessed value (approximately $20,300) is for municipal tax purposes and is often significantly lower than market value. The recent sale price between $250,000 and $300,000 reflects the actual current market value.
3. What does it mean that the home is "newer" than others on the street?
Built in 1961, this home is younger than most in its immediate vicinity, where average build years are around 1931. This can be an advantage, potentially meaning newer electrical, plumbing, or structural components compared to its neighbours.
4. Who would this property not be suitable for?
It may not suit buyers needing multiple bedrooms, dedicated home office space, or those who desire a large yard for gardening or recreation. The compact living and land area prioritize function over spaciousness.
5. How can I find out the exact past sale price?
The provider offers a manual service to share the precise sold price history. You can submit your email via the "Get exact sold price history" button on the listing page for a direct, gimmick-free reply.