Property Overview: 366 Ash Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home on Ash Street is defined by its significant size and premium valuation within a well-established neighbourhood. Its primary appeal lies in offering generous living space that ranks within the top 5-10% of homes across Winnipeg, all set on a standard city lot. Built in 1932, it is a character home from the pre-war era, which is older than most on its street but typical for the North River Heights area. The assessed value of $880,000 places it firmly among the elite tier of properties in both the neighbourhood and the wider city, indicating a substantial and well-appointed residence.
The property would best suit buyers looking for a spacious, classic home in a prime inner-city neighbourhood, who value space and established character over a newer build or an exceptionally large yard. It appeals to those who appreciate a home with history and are likely prepared for the maintenance or updates that can come with a house of this age. The data suggests it’s not a starter home, but rather a destination for those seeking room to grow, established roots, and a proven, high-value investment in a desirable location.
Frequently Asked Questions
1. Why is the assessed value so much higher than neighbouring properties?
The $880,000 assessment is in the top 2% for North River Heights. This significant premium is likely due to the home's very large living area (2,275 sq ft), which is well above average, combined with factors like renovations, quality of finishes, and overall condition that are reflected in the municipal valuation.
2. What should I know about a house built in 1932?
While full of character, a home of this age requires a careful inspection. Key considerations would be the state of major systems like plumbing, electrical, and the foundation, as well as the age of the roof and windows. Potential updates for energy efficiency may also be a factor.
3. How does the lot size compare?
At 4,821 sq ft, the lot is slightly below the average for Ash Street but is generally in line with the typical lot size for North River Heights. It provides a standard urban yard space but is not an exceptionally large parcel of land.
4. What do the sold price ranges indicate?
The home sold in February 2021 for an estimated $750,000-$800,000. This range was in the top 2% city-wide at that time, demonstrating its consistent high-market positioning. The current assessed value has increased from that sale price.
5. How can I get the exact historical sale price?
The site provides estimated price bands. To obtain the exact sale price and full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.