Property Overview
195 Ash Street is a well-established home in Winnipeg's North River Heights neighbourhood, built in 1925. The property presents a compelling mix of classic charm and above-average metrics in key areas. With 1,753 square feet of living space, it sits comfortably above the average size for comparable homes on its street, in the area, and across the city. Its assessed value of $539,000 similarly ranks within the top 21% locally and top 14% citywide, indicating a perception of solid value. The lot size of 4,822 sq. ft. is generally in line with area norms. Recent sales history shows the home sold in 2020 within the $450k-$500k range.
Key Characteristics & Appeal
The primary appeal of this home lies in its generous living space and strong assessed value within a desirable, mature neighbourhood. It suits buyers looking for a character home with room to grow, who appreciate established communities over new subdivisions. A thoughtful perspective is that its 1925 vintage, while older than most, offers a unique charm and potential for heritage character that newer builds lack. The data suggests you are purchasing more interior space and perceived value than is typical, which could be attractive for a growing family or someone seeking a long-term home. It would particularly suit a buyer who values statistical outperformance in size and value, and who is prepared for the maintenance or updates that come with a century-old home.
Frequently Asked Questions
1. How does the home’s age affect its value and appeal?
While its 1925 build date is older than most homes in its comparison groups, this is balanced by its above-average living area and assessed value. The age suggests classic architectural details are likely, but also that a thorough inspection for updates to major systems (like plumbing, wiring, or the roof) is essential.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and is a useful benchmark, not a guaranteed sale price. The home’s assessed value ranks highly, which is positive, but the final price will be determined by the current market, condition, and buyer demand.
3. What does the sold price history tell us?
The home sold twice in 2020, with the price increasing from the $400k-$450k range to the $450k-$500k range within nine months. This indicates strong market momentum at that time, but conditions may have changed since. For exact historical sold prices, you can request them via email from the site.
4. How does the lot size compare?
At 4,822 sq. ft., the land area is around the average for North River Heights. It’s not an exceptionally large lot, but it provides standard outdoor space for the neighbourhood, which is known for its tree-lined streets and established gardens.
5. Where can I see more detailed comparisons with nearby homes?
You can use the site’s neighbourhood analysis page to see this property on a map and compare its year built, living area, assessed value, and lot size directly with its immediate neighbours.