Property Summary: 692 sqft Home on Ashburn Street, Minto, Winnipeg

Key Characteristics & Buyer Profile

This is a compact, older home that sits well below citywide and neighbourhood averages in nearly every measurable category. At 692 square feet, the living area is in the bottom 3% citywide and bottom 9% within Minto. The assessed value of $209,000 sits in the bottom 10% in Winnipeg, and the home was built around 1912—placing it in the bottom 8% citywide for age.

The lot size of 2,559 square feet is actually a relative bright spot: while still below average for Minto and the city, it ranks in the top half on Ashburn Street itself. This suggests the property may offer a somewhat more usable outdoor space than many of its immediate neighbours.

The appeal here is straightforward: this is an entry-level price point in a central neighbourhood. For a buyer who values location over square footage, or who is willing to take on a renovation project, this could be a viable option. Minto is a mature, established area close to downtown Winnipeg and the Assiniboine River, with good access to services and transit. The property would likely suit first-time buyers with limited budgets, investors looking for a lower-cost entry into the market, or someone specifically seeking a smaller footprint—perhaps a downsizer or someone comfortable with a compact layout. It is not a home for someone expecting modern finishes, generous space, or turnkey condition without significant work.

Five Possible FAQs

1. Why is the assessed value so low compared to the city average?
The $209,000 assessment reflects a combination of factors: the home's age (1912), its small size, and its condition relative to other properties in Winnipeg. The bottom-10% ranking indicates this is one of the more affordable properties citywide, which is consistent with its living area and age. Buyers should verify whether the assessment aligns with recent sale prices in the immediate area, as older homes can vary widely in condition.

2. Is a 692-square-foot home practical for a family?
For a single person or a couple, 692 square feet can work well—especially with efficient layout and storage solutions. For a family with children, it would be tight, and you may need to consider whether the lot allows for a future addition. The small footprint also means lower heating and maintenance costs, which is a trade-off worth weighing.

3. What should I know about a house built in 1912?
Homes of this era often have solid bones but outdated systems—wiring, plumbing, insulation, and foundation work should all be inspected carefully. Lead paint and asbestos are also possible concerns. On the upside, older homes in Minto sometimes feature character details (e.g., original trim, high ceilings) that are harder to find in newer builds. Factor in a thorough home inspection and realistic renovation budget.

4. How does the lot size compare to other properties on the street?
The lot is in the top half on Ashburn Street, which is noteworthy given the home's otherwise below-average rankings. This could mean a larger yard or better outdoor space than neighbours. However, it's still below average for Minto and the city overall, so it's not a large lot by any stretch—just better than many houses immediately nearby.

5. What is the neighbourhood like in terms of walkability and amenities?
Minto is a well-established, central Winnipeg neighbourhood with a mix of older homes and some newer infill. It offers reasonable walkability to local shops, schools, and parks, and is close to the Assiniboine River trails. Transit access is generally good. The trade-off is that some properties in the area may need more upkeep, and the housing stock is older overall. If you're looking for a quieter, more suburban feel, this may not be the right fit.