Property Overview: 701 Ashburn Street, Winnipeg

Key Characteristics & Buyer Appeal

This home presents a compelling mix of modern convenience and established neighbourhood character. Built in 2002, it is a notably newer construction compared to most homes on its street and in the Minto area, where average build dates are from the early 1930s. This suggests updated infrastructure and potentially lower immediate maintenance needs.

The 756 sqft living space is efficient and manageable, ranking as an average size for Ashburn Street but below the wider city average, framing it as a cozy, low-maintenance dwelling. The assessed value of $290,000 is well above average for both the immediate street and the Minto neighbourhood, indicating it is perceived as a premium property in its local context. The lot size of 2,199 sqft is smaller than most comparables, which points to a yard that requires less upkeep.

Its primary appeal lies in this balance: it offers modern construction in a mature neighbourhood without the extensive yard work of larger lots. It would suit first-time buyers, downsizers, or investors seeking a relatively newer, turn-key property in a central location. A thoughtful perspective is that its higher assessed value on the street could reflect its modern build, but also means property taxes will be calibrated to that premium valuation.

Frequently Asked Questions

1. How does the modern build year (2002) affect this home compared to neighbours?
It likely means more contemporary wiring, plumbing, and building materials, potentially reducing the risk and cost of major system replacements common in century-old homes. However, it may have a different architectural character than the older homes surrounding it.

2. The assessed value is high for the street but low for the city. What does this mean?
This indicates the home is a higher-value property within the specific Minto neighbourhood, which generally has more modest valuations compared to the Winnipeg-wide average. Your property taxes are based on this assessment within its local market context.

3. Is the smaller living area and lot size a disadvantage?
It depends on lifestyle. The smaller scale translates to less space to heat, clean, and maintain, which can be a significant advantage for those seeking simplicity and lower utility costs. The lot size suggests a manageable yard.

4. What can the 2022 sale price range tell me?
The prior sale in the $300k-$350k range provides a recent market benchmark. Comparing the current assessed value ($290k) to that sale price can offer insight into current valuation trends for the property.

5. How do I find out the exact historical sale prices?
The exact sold prices are not publicly displayed in detail here. As noted on the listing, you can request this specific information via email from the service, which provides it manually without marketing spam.