Property Overview: 976 Ashburn Street, Winnipeg

Section 1: Key Characteristics & Appeal

This 836 sqft home, built in 1970, presents a distinct value profile in Winnipeg’s Minto neighbourhood. Its primary appeal lies in its modern construction relative to its immediate surroundings; it ranks in the top 5% for year built on its street and top 6% in Minto, meaning it is notably newer than most neighbouring homes. This suggests potentially lower maintenance concerns related to age and more contemporary building systems.

The home’s assessed value is above average for both the street and the broader area, indicating it is viewed as a higher-value asset in its local context. However, its living space and lot size (2,540 sqft) are modest, ranking below the city-wide averages. This creates a specific dynamic: you are acquiring a relatively modern structure on a standard city lot, but not extra space.

This property would suit practical, value-conscious buyers looking for a manageable home without the upkeep challenges of a century-old property. It’s ideal for first-time homeowners, downsizers, or investors seeking a newer, rentable asset in an established neighbourhood. The appeal is less about grandeur and more about securing a sensible, contemporary footprint in a mature community.

Section 2: Frequently Asked Questions

1. Why is the assessed value above average for the area, but the living area is below average?
The assessed value reflects more than just square footage. The home’s significantly newer construction (1970 vs. an area average from the 1930s) is a major value driver, likely due to modern materials, electrical, plumbing, and efficiency, which offset its modest size.

2. What does the "Elite" ranking for year built practically mean for me?
It means major structural components like the foundation, roof, and framing are decades younger than those in most nearby homes. This can translate to greater peace of mind and deferred costs for big-ticket replacements common in older Winnipeg houses.

3. The lot seems smaller than average. Is there room for expansion or a garden?
At 2,540 sqft, the lot is standard for its street but below the city average. There is likely space for a modest backyard garden or patio, but substantial additions or detached structures may be limited. Always verify with zoning bylaws.

4. How reliable is the last sold price range shown (CA$200k–250k in 2019)?
The range is based on public data. For precise historical pricing to inform your offer, you must request the exact sold price via the provided email service, as this is not disclosed publicly in Manitoba.

5. The home ranks "below average" city-wide for size and value. Is this a concern?
Not necessarily. This reflects the property’s positioning as a modest, affordable home within the vast Winnipeg market. It highlights that its value and appeal are hyper-local, derived from being a newer, well-regarded property within its specific community rather than a large estate by broader city standards.