Property Overview
This home at 254 Ash Street in North River Heights presents a specific and compelling value proposition. Built in 1927, it's a character home on a decent-sized lot (4,823 sq ft), but with a more modest living space of 1,020 sq ft. Its assessed value of $420,000 sits around the average for the immediate area and neighbourhood, yet is above the Winnipeg city-wide average, highlighting the desirability of the location.
The appeal here is rooted in location and land. You're investing primarily in a well-regarded, central neighbourhood, with the house itself offering a manageable footprint. It suits buyers looking for an entry point into a established area without a massive maintenance burden—think downsizers, small households, or investors seeking a character rental. It’s a practical choice for someone who values neighbourhood amenities and a larger yard over square footage. A thoughtful perspective is that its smaller size and older vintage, while less common on its street, could mean lower utility costs and a clearer renovation canvas compared to more sprawling, modernized homes.
Frequently Asked Questions
1. How does the home's size compare to others?
At 1,020 sq ft, the living area is notably smaller than most comparable homes on Ash Street and in North River Heights. This indicates a cozier, more efficient layout rather than a sprawling one.
2. Is the assessed value in line with the area?
Yes. The $420,000 assessment is around the average for both Ash Street and the wider North River Heights neighbourhood, though it is above the city-wide average. This reflects the premium for the location.
3. What does the lot size offer?
The 4,823 sq ft lot is fairly typical for the area. It provides good outdoor space, which is a valuable asset in a mature neighbourhood, and may offer potential for gardening, expansion, or additions subject to zoning.
4. When was it last sold and for how much?
Public records indicate a sale between July 2019 for a price in the range of CA$350,000–400,000. For verified, exact historical sale figures, you can request a manual lookup via email on the site.
5. Are the sold price data and rankings reliable?
The data is compiled from publicly available sources and is considered reasonably reliable for comparison. It is not sourced from the MLS. For fully verified transaction history and precise figures, a manual records check is recommended.