Property Overview: 933 Ashburn Street, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition centered on space efficiency within a well-established neighborhood. Built in 1911, it is a character home with a compact 2,199 sqft lot. Its primary appeal lies in its above-average living area (1,151 sqft), which is notably spacious compared to other homes on Ashburn Street and in the immediate Minto area. This suggests a practical, efficient use of interior space that may feel larger than the lot size implies.
The data indicates a consistent theme of value. The assessed value ($200k) and recent sold prices are significantly below averages for the wider city and even the local area. This creates an accessible entry point into the Winnipeg market, particularly for a home of its interior size. The trade-off is seen in the older age and smaller lot, which are reflected in the lower valuation.
This property would suit a pragmatic first-time buyer or an investor seeking a character home with solid interior space at a below-market price point. It’s for someone who prioritizes functional living area over a large yard or modern construction, and who sees potential in an older home that offers immediate cost savings. A thoughtful perspective is that its lower assessed value could translate to correspondingly lower property taxes, an ongoing financial benefit that isn't always immediately obvious.
Frequently Asked Questions
1. Is the $200k assessment an accurate reflection of its market value?
Based on recent sold price data (between $200k-$250k in 2024), the assessed value appears closely aligned with the current market, suggesting it is a fair benchmark.
2. What does the older construction year (1911) mean for me?
It signifies a character home with potential for historic charm, but it also requires a diligent inspection. Buyers should budget for maintenance and updates typical of a 115-year-old structure, such as older plumbing, wiring, or windows.
3. The living area is above average, but the lot is below average. What's the impact?
This combination means you get a relatively spacious interior for the price, but with limited outdoor private space. It’s ideal if you value indoor living area over a large yard.
4. How does this property rank compared to its neighbors?
Its interior space is in the top 25% on its own street, which is a strong positive. However, its assessed value, lot size, and age rank in the bottom quartiles locally, explaining its accessible price.
5. Can I get the exact historical sold prices?
The exact sold prices are not publicly displayed. The listing service offers to provide them manually via email upon request, at no cost and without marketing spam.