Property Overview: 204 Ash Street, Winnipeg
Key Characteristics & Appeal
This home at 204 Ash Street in North River Heights is a classic, compact character property built in 1925. Its primary appeal lies in its value proposition and lot size within a well-regarded neighborhood. With 1,028 sqft of living space, the house itself is notably smaller than most in the immediate area, positioning it as a more manageable and potentially affordable entry point into the neighborhood. The assessed value of $390k is below average for Ash Street and North River Heights but aligns with the wider Winnipeg average, suggesting you're paying for location rather than square footage.
A key asset is the 4,823 sqft lot, which is consistent with typical lots in the area and offers significant outdoor space relative to the home's footprint—a rarity in many newer developments. This presents a clear opportunity for expansion, gardening, or simply enjoying generous private outdoor space.
This property would best suit a first-time buyer, downsizer, or value-focused investor seeking a foothold in a established neighborhood. It’s for someone who prioritizes location and land over move-in-ready size, and who may see potential in a home that is smaller and older than its neighbors, whether for living modestly or for future renovation.
Frequently Asked Questions
1. Is this a good value for the neighborhood?
Based on assessed value, this home is priced below the average for both Ash Street and North River Heights. You are essentially trading living space for location and land, which can represent a strategic entry point into the area.
2. The house seems small. What should I consider?
At 1,028 sqft, the living area is significantly smaller than neighboring homes. This emphasizes efficient use of space and a simpler lifestyle. It's crucial to assess if the layout meets your needs or if you have the appetite and budget for a potential future expansion to better utilize the generous lot.
3. What does the sold price history indicate?
The property sold in July 2023 for an estimated $400k-$450k. This recent sale, close to the current assessed value, provides a concrete market benchmark from just over a year ago, suggesting stability in its price range.
4. Are there any concerns with a 100-year-old home?
Absolutely. A home built in 1925 will likely require careful attention to aging infrastructure, including plumbing, electrical, and the foundation. A thorough inspection is non-negotiable to understand the condition and anticipate maintenance costs.
5. How can I get the exact past sold prices?
The site does not display exact sold figures publicly. You must request this information directly via email, and they will provide a manual lookup. This is due to industry data restrictions, not the unavailability of the records.