Property Summary: 934 Ashburn Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home is defined by its compact efficiency and historical roots. Built in 1913, it offers a modest 600 sqft of living space on a standard city lot of 2,545 sqft. The data clearly positions it as a smaller, more affordable option, with both its living area and assessed value ($200k) significantly below local and city-wide averages. Its appeal lies in its accessibility and simplicity. It represents a genuine entry point into homeownership with lower property taxes, manageable maintenance, and a straightforward footprint. This property would suit first-time buyers seeking minimal debt, downsizers looking to rightsize without a large yard, or pragmatic investors searching for a rental property with a lower initial investment. A thoughtful perspective is that its smaller size and age, while not for everyone, offer a chance to own a character home without the premium price tag often associated with historic properties, allowing for gradual, personal updates over time.
Section 2: Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value of $200k is for municipal tax purposes. The market value is what a buyer is willing to pay, which recent sales data suggests could be in the $200k-$250k range.
2. How does the small living area compare to nearby homes?
This home's living area (600 sqft) is notably smaller than most. On its own street, it ranks in the bottom 5% for size, with nearby homes averaging about 958 sqft.
3. What are the implications of the home being built in 1913?
While it adds character, it necessitates a thorough inspection. Buyers should budget for potential updates to older systems like wiring, plumbing, and insulation, which may not meet modern standards.
4. The sold price history shows a range. How can I get the exact figure?
The exact sold price is not publicly listed in detail. You can request it directly via the provided email service on the listing page for a precise history.
5. The lot size is described as "around average" for the street. Is that an advantage?
Yes. While the house is small, the lot (2,545 sqft) is fairly typical for the immediate area. This provides a balanced outdoor space relative to the neighbourhood and maintains future value tied to the land, rather than just the structure.