Property Overview: 173 Ash Street, Winnipeg
Key Characteristics & Appeal
This home at 173 Ash Street in North River Heights presents a distinct profile centered on value and potential within a well-regarded neighborhood. Built in 1925, its 1,093 sqft living space is notably compact compared to many homes on its street and in the immediate area, placing it in the smaller tier of available properties. This characteristic is balanced by a proportionally generous 4,822 sqft lot, offering valuable outdoor space.
The primary appeal lies in its positioning. With an assessed value of $443,000, it sits above the Winnipeg city-wide average, reflecting the desirability of North River Heights. However, within the neighborhood itself, the assessment is around the median, suggesting a more accessible entry point into this established area. The home last sold between $350k-$400k in 2019, indicating a history of being a value-oriented option.
This property would best suit a pragmatic buyer—perhaps a first-time purchaser, downsizer, or investor—who prioritizes location and land size over immediate square footage. It’s a home for someone who sees the appeal in a classic neighborhood and is comfortable with a cozier floor plan or views the lot as a key asset for future enjoyment or expansion. The numbers suggest you are paying for the address and the land, with the house itself representing a functional starting point.
Frequently Asked Questions
1. Is this house unusually small for the area?
Yes, comparatively. At 1,093 sqft, its living area is smaller than about 90% of homes on Ash Street and 78% of homes in North River Heights, making it a more compact option in the neighborhood.
2. What does the assessed value tell me about this property?
The $443,000 assessment is above the Winnipeg city average, which speaks to the neighborhood's premium. However, within North River Heights itself, it’s very close to the median, indicating it is a mid-range property for this specific desirable area.
3. How does the lot size compare?
The 4,822 sqft lot is fairly typical for the immediate area and North River Heights. It is a solid, standard-sized city lot that is not a standout feature but provides good outdoor space, especially relative to the home's smaller footprint.
4. The home was built in 1925. What should I consider?
As one of the older homes on the street, a pre-purchase inspection is essential. This age can mean charming character but also a higher likelihood of aging infrastructure (like plumbing, electrical, or the foundation) needing attention or updates.
5. How can I get the exact past sale price?
The provided data shows a sale in July 2019 within a $350,000-$400,000 range. Due to industry regulations, exact sale prices are not published online here. You can request the precise figure by emailing the site directly for a manual lookup.