Property Overview
512 Ash Street presents a well-established home in Winnipeg's North River Heights neighborhood. Its appeal lies in offering above-average interior space and a strong assessed value within a mature, sought-after area. The home suits buyers looking for a character property with proven value in a central location, who are comfortable with a home of this era and its typical maintenance considerations.
Key Characteristics & Appeal
Built in 1945, this home offers 1,970 sqft of living space, which is notably larger than average for the street, neighborhood, and city-wide comparisons. Its assessed value of $579k consistently places it in the top 16-20% of comparable properties across all areas, indicating a premium valuation for its size and location. The lot size of 4,821 sqft is typical for North River Heights but is slightly smaller than others on Ash Street itself.
This property would best suit buyers who prioritize interior space over expansive yard size and who value a stable, established neighborhood. Its above-average metrics suggest a home that has been maintained or valued for its generous footprint. A thoughtful perspective is that while the home is older, its construction date is actually newer than many in the immediate area, potentially implying updates over time or slightly different architectural features. The data shows a strong value retention, as it last sold in 2019 for an estimated $500k-$550k, and its current assessed value has risen accordingly.
Frequently Asked Questions
1. How does the lot size compare?
The land area is 4,821 sqft, which is average for North River Heights but slightly below the average for Ash Street itself. This suggests a focus on the home's living space rather than an exceptionally large yard.
2. Is the assessed value high for the area?
Yes. The $579k assessment is consistently in the top 16% on its street, in North River Heights, and city-wide. This indicates the property is officially valued well above the median for comparable homes.
3. What does the "Top X%" ranking mean for living space?
The living area ranks in the top 17-18% locally, meaning over 80% of comparable homes in the area are smaller. This is one of the home's standout features.
4. The home was built in 1945. What should I consider?
While 81 years old, it's actually around the average age for Ash Street and is newer than the average home in North River Heights. Buyers should plan for standard inspections for a home of this era, considering systems like wiring, plumbing, and the roof.
5. How can I find out the exact past sale price?
The provided sold price is an estimated range. To obtain the exact historical sale figures, you must request a manual lookup via email from the site, as they do not display MLS data directly.