849 Ashburn Street

Property Overview: 849 Ashburn Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home on Ashburn Street in the Minto neighbourhood presents a distinct profile defined by its contrasts. Built in 1914, it is a century-old character home that offers more interior space than many on its street, with 1,168 sqft of living area ranking in the top 22% locally. This suggests a well-proportioned interior that is larger than typical for the immediate area. However, it sits on a modest 2,199 sqft lot, which is smaller than most in Winnipeg, pointing to a low-maintenance yard.

Its appeal lies in this balance: it offers the charm and potentially generous rooms of an older home without the burden of a large plot of land to maintain. The assessed value is notably below the city-wide average, which could indicate an entry point into the market or a value opportunity for the right buyer, especially when considering the above-average living space for the street.

This property would suit a first-time buyer or a downsizer looking for a character home in a central neighbourhood without a sprawling yard. It may also attract an investor or renovator who sees potential in the older structure and is comfortable with a property whose value is anchored more in the building itself than in the land size.

Section 2: Frequently Asked Questions

1. What does the assessed value tell me about the listing price?
The assessed value is for municipal tax purposes and is often lower than market value. A below-average city-wide assessment can suggest a more affordable entry point, but the final sale price will be determined by current market conditions, the home's condition, and buyer demand.

2. As a 1914 home, what should I be concerned about?
While offering character, a home of this age likely requires a thorough inspection. Key considerations would be the state of foundational materials, plumbing, electrical systems (e.g., knob-and-tube wiring), and insulation. Budgeting for updates or maintenance is essential.

3. The lot is small compared to the city average. Is that a disadvantage?
It depends on your lifestyle. A smaller lot means less outdoor maintenance, which can be a significant benefit for many. It may limit expansion possibilities like large additions, but it often translates to a more efficient use of space and a cozier streetscape.

4. The living area is above average for the street. What does that imply?
This suggests the home may have a more functional or spacious layout than many of its immediate neighbours. It could feature additional rooms, larger bedrooms, or a more practical floor plan, making it stand out positively on the block.

5. How can I find out what it actually sold for in 2016?
The site provides estimated sale price ranges from public data. To obtain the exact historical sale price, you can use the provided email request form. They manually retrieve and share this information without using your email for marketing.