Property Overview
This home at 964 Ashburn Street in Winnipeg's Minto neighbourhood presents a compelling mix of space, value, and location. Built in 1945, its key appeal lies in its generous proportions relative to its immediate area, offering a rare combination of a larger lot and above-average living space for the local market.
Key Characteristics & Appeal
The standout feature is the 5,084 sqft lot, which is significantly larger than most in Minto and on Ashburn Street itself, placing it in the top 6% locally. This provides ample outdoor space, a rarity in established neighbourhoods. The 1,200 sqft living area is also comfortably above the local average, offering more interior room than many comparable homes. With an assessed value notably lower than the city-wide average, the property suggests a strong value proposition within its specific community. It would particularly suit value-conscious buyers looking for elbow room—a larger yard for gardening, children, or pets—without moving to the city's outskirts. It’s also a sensible option for those who prioritize investment in land size and living space over a newer build, understanding that a home from the 1940s may require updates or maintenance.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home sold for an estimated $250k–$300k in 2019. Its current assessed value is $29,600, which is intentionally not a market valuation but a figure for municipal tax purposes. It consistently ranks well above average compared to neighbouring properties.
2. What does the "Top X%" ranking mean for a buyer?
These rankings show how this property compares to similar homes in three areas: its immediate street, the broader Minto neighbourhood, and city-wide. For example, ranking in the "Top 6%" for lot size in Minto means 94% of comparable homes in Minto have a smaller land area. It’s a useful tool for understanding a home's relative strengths in its local market.
3. Is a 1945-built home a concern?
While newer than many homes on its street, a house of this age will have its original components, like plumbing or electrical, nearing the end of their service life. A thorough inspection is essential. The positive perspective is that these older homes were often built with durable materials and character that can be worth preserving.
4. Why is the city-wide comparison less favourable for some metrics?
This is common for established inner-city neighbourhoods. While this home offers excellent space for Minto, city-wide averages are raised by newer, larger homes on bigger lots in suburban developments. This highlights the importance of comparing homes within their specific neighbourhood context.
5. How can I get the exact historical sale price?
The exact sold price is not publicly displayed in detail due to data regulations. You can request the precise figure by emailing the listing service via the "Get exact sold price history" button. They provide this information manually without using your email for marketing.