Property Overview: 502 Sherburn Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home on Sherburn Street in the Minto neighbourhood stands out for its exceptionally generous living space. With over 2,100 square feet, it ranks in the top 1% of homes both on its street and within the wider Minto area for size. This makes it a rare find, offering significantly more room than typical local comparables. The lot size is consistent with the neighbourhood average, providing a balanced urban footprint.

The primary appeal lies in this spaciousness within a well-established community. The home, built in 1914, is a classic Winnipeg property and presents an opportunity for buyers seeking character and volume at a municipal assessed value that is above average for its immediate vicinity. It suits buyers who prioritize interior space over a newer build or a large yard. It could be an ideal project for someone looking to renovate a character home to modern standards, or for a multi-generational household needing ample room. A thoughtful perspective is that the above-average assessment for the street and area may reflect its recognized substantial size, even as an older property.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to others in Winnipeg?
With 2,103 sq ft, this home is above the city-wide average for living area, placing it within the top 8% of all Winnipeg properties for size.

2. What does the assessed value indicate?
The municipal assessed value of $29,600 is above the average for both Sherburn Street and the Minto neighbourhood, but below the city-wide average. This typically suggests the property is valued in line with or slightly higher than its immediate peers, but in a more affordable area of the city.

3. The home was built in 1914. What should I consider?
A home of this age will likely require a thorough inspection. While it offers classic charm and space, potential buyers should budget for updates to systems like plumbing, electrical, and insulation to meet modern efficiency and safety standards.

4. How does the lot size compare?
The 3,070 sq ft lot is very typical for the Minto neighbourhood but is below the city-wide average. This means outdoor space is consistent with the area’s urban character, not a large suburban yard.

5. Where can I see more detailed context about the neighbourhood?
You can use the provided link to open a neighbourhood map analysis, which visually compares this property with nearby homes based on year built, living area, assessed value, and lot size.