Property Overview: 971 Ashburn Street, Winnipeg
Key Characteristics & Appeal
This 788 sqft bungalow, built in 1944, sits on a notably generous 3,869 sqft lot in the Minto neighbourhood. Its primary appeal lies in its land value and established location. While the living space is compact compared to city-wide averages, the lot size is well above average for both the street and the area, offering valuable outdoor space and potential. The home last sold in the $250k-$300k range in 2022, with an assessed value that positions it as around average for Minto.
This property would best suit a practical, value-oriented buyer. It’s a fit for a first-time homeowner comfortable with a smaller, character home who prioritizes lot size over interior square footage, or an investor looking for a land-strong asset in a mature neighbourhood. The data suggests you’re paying more for the land and location than for the structure itself, which is a key consideration for future renovation plans or long-term property value.
Frequently Asked Questions
1. Is the assessed value of $25,500 the market value?
No. The assessed value is for municipal tax purposes only. The market value is likely significantly higher, as indicated by the 2022 sale in the $250k-$300k range.
2. How does the lot size compare to nearby properties?
Very favorably. The lot is in the top 22% on Ashburn Street and the top 19% in the Minto area, meaning it’s larger than most direct neighbours. This is one of the property's standout features.
3. The home seems small compared to Winnipeg averages. What should I know?
At 788 sqft, the living area is below the city average. This emphasizes a lifestyle choice: efficient, manageable interior space paired with a larger-than-typical urban lot. It may require creative use of space or planned expansions.
4. What does the "Top X%" ranking mean for the Year Built?
A higher percentage (closer to 100%) means the home is newer than most. Here, "Top 26%" on its street means it was built later than 74% of its neighbours—it's a newer build on a street with many older homes, which can be an advantage.
5. Where can I see more context about the neighbourhood?
You can open the dedicated neighbourhood analysis page for a detailed map view, comparing this property to nearby homes by year built, size, value, and lot dimensions. A link is provided in the full data section above.