258 Ash Street

Property Overview: 258 Ash Street, Winnipeg

Key Characteristics & Appeal

This is a notably modern and spacious home in North River Heights, built in 2021. Its primary appeal lies in its exceptional size and premium valuation within a well-established neighbourhood. With 2,391 sqft of living space, it ranks within the top 8% on its street and city-wide, offering significantly more room than the average area home. The assessed value of $1.26M places it in the top 1-2% of comparable properties across all metrics, indicating it is a high-calibre asset.

The home’s standout characteristic is its combination of new construction (just 5 years old) in a mature area, offering modern amenities without sacrificing established neighbourhood charm. While the lot size is fairly typical for the area, the house itself is generously proportioned. This property would best suit buyers looking for a move-in-ready, high-end home who value space, modern builds, and a strong investment profile. It appeals to those wanting the character of North River Heights without the renovation projects common to older homes, and who place a premium on above-average interior square footage.

Frequently Asked Questions

1. How does the sold price compare to the current assessed value?
The home last sold in June 2021 for between $1.2M and $1.25M. The current assessed value of $1.26M is consistent with that sale price, suggesting stable market valuation.

2. Is the lot size a constraint given the home's size and value?
The land area is around the neighbourhood average. The premium is clearly in the modern, large structure itself rather than an oversized lot. This is typical for newer infill properties in established areas.

3. What does its "Elite" ranking for assessed value really mean?
It means this home's official valuation is in the top 1-2% compared to homes on its street, in North River Heights, and across Winnipeg. This reflects its status as a high-value property but also indicates correspondingly higher property taxes.

4. How can I verify the exact historical sold price?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the exact figures via email from the service for a manual lookup.

5. For a new build, how does it fit with the older homes on the street?
Being one of the newest homes on the street (ranked 2nd of 356 for year built), it represents the modern evolution of the neighbourhood. It offers a different value proposition than the classic, older character homes that dominate the area.