Property Overview: 369 Ash Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home at 369 Ash Street is a classic North River Heights property that represents a solid, middle-of-the-road opportunity in a well-established neighbourhood. Built in 1938, it offers 1,456 sqft of living space on a 4,822 sqft lot, with a current assessed value of $456,000. The data reveals a home that is consistently "around average" for its immediate street and area in terms of size, value, and lot dimensions. Its true standout metric is its city-wide assessed value, which ranks in the top 27%, suggesting it holds its value well compared to the broader Winnipeg market.

The appeal lies in its established location and its position as a manageable, no-surprises property. It’s not the largest or newest on the block, but it offers a proven footprint in a desirable neighbourhood. This would suit a practical buyer—perhaps a young professional, a small family, or a downsizer—who values neighbourhood character over a brand-new build and is looking for a home that aligns with typical area benchmarks without extreme premiums or fixer-upper risks. A thoughtful perspective is that its older vintage (1938) offers the potential for classic architectural details, but also means a savvy buyer will pay close attention to the condition of major aging components like plumbing, electrical, and the foundation.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $456k is for municipal tax purposes. The last known sale was between $350k-$400k in August 2021. The selling price will be determined by current market conditions, the home's updated condition, and buyer demand.

2. Is the living space sufficient for a growing family?
At 1,456 sqft, it is slightly below the average for North River Heights (~1,540 sqft). It would comfortably suit a small family or couple. Those needing more space should consider the layout carefully, as older homes can sometimes have less open floor plans.

3. What are the implications of the home being built in 1938?
This classic vintage can mean charming character but also necessitates a thorough inspection. Key items to evaluate include the age and condition of the roof, wiring, plumbing, windows, and insulation to understand any needed updates or associated costs.

4. How does the lot size compare, and what are the possibilities?
The lot of 4,822 sqft is fairly typical for the area. It provides a good-sized yard for city living. While not the largest on the street, it offers ample space for gardening, play, or entertaining, with potential for additions subject to local zoning.

5. Where can I get verified historical sale data for this property?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the full transaction history and exact figures by emailing the provided contact; they will manually look up the information and send it to you.