Property Overview: 280 Ash Street, North River Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 280 Ash Street is a distinctive property defined by its generous scale and premium valuation within a well-established neighbourhood. Its primary appeal lies in offering significantly more interior space than most homes in Winnipeg. With 2,185 sqft of living area, it ranks in the top 7-12% of homes citywide and in North River Heights, providing roominess that is increasingly rare. This is reflected in its assessed value of $726,000, which places it in the elite top 3-5% of properties across the city, indicating its perceived worth and likely superior finishes, condition, or layout.

Built in 1920, the home is notably older than most in the area, which suggests classic character and mature landscaping, but also implies that updates and maintenance history are key considerations. The lot size of 4,823 sqft is fairly typical for the neighbourhood, offering a balanced outdoor space without being overly expansive.

This property would best suit buyers who prioritize spacious interior living over a new build, and who value the established, tree-lined streets of North River Heights. It appeals to those looking for a home with a strong statistical footprint in terms of size and value, and who are prepared for the nuances of owning a century-old character home. It is less suited for those seeking a modern, low-maintenance property or the largest possible yard.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much higher than the neighbourhood average?
The assessed value is in the elite tier because the home offers substantially more living space than comparable properties. This premium valuation typically accounts for the home's size, along with factors like its condition, specific location on the street, and any significant upgrades.

2. What should I know about a home built in 1920?
While offering classic charm, a home of this age requires careful attention to the condition of major systems (like plumbing, electrical, and foundation), the efficiency of windows and insulation, and the potential need for updates. A thorough inspection is essential.

3. How does the recent sold price help determine market value?
The property sold between $750,000 and $800,000 in late 2021. This historical sale provides a real-world benchmark, showing the price the market supported at that time, which can be a starting point for understanding current value in the context of past and present market conditions.

4. Is the lot size a limitation?
At just under 5,000 sqft, the lot is around average for North River Heights. It provides a good-sized yard for city living but is not an exceptionally large parcel. The focus here is squarely on the interior space of the home itself.

5. How can I get the exact historical sold prices for this home?
The precise sale figures are not publicly displayed due to industry data rules. You can request the exact sold price history by emailing the site directly; they will provide a manual lookup and send you the verified figures.