Property Overview
This home at 101 Greendell Avenue in Winnipeg’s Minnetonka neighbourhood presents a specific and compelling value proposition. Its primary strengths are its generous proportions, both indoors and out, set against a backdrop of a mature, established community.
Key Characteristics, Appeal & Ideal Buyer
The standout features of this property are its above-average living space and its exceptionally large lot. With 1,822 square feet of living area, the home is notably more spacious than most comparable properties on its street, in the Minnetonka area, and across Winnipeg. The lot size of 11,360 square feet is its most distinctive asset, ranking in the top 10% locally and an elite top 4% city-wide. This offers rare potential for gardening, expansion, or simply enjoying substantial private outdoor space.
Built in 1947, the home is older than many in the broader area, suggesting a classic character and the likelihood of established trees and landscaping, but also implying that a buyer should be prepared for the maintenance or updating typical of a house of this vintage. Its assessed value is consistently around the average for its immediate vicinity, which, when combined with its large lot and living space, indicates a potentially efficient value per square foot.
This property would best suit a buyer who prioritizes space and land over a move-in-ready, modern build. It’s ideal for someone seeking a traditional home with room to grow, who values a large yard for family or hobbies, and who is either comfortable with a home that may require updates or sees the older structure as a canvas for a personalized renovation. It appeals to a practical buyer looking for a solid foundation—literally and figuratively—in a mature neighbourhood.
Frequently Asked Questions
1. How does the age of the home (1947) practically affect its value and condition?
While older than many area homes, the age is average for Greendell Avenue itself. It typically means classic construction and mature property lines, but buyers should budget for potential updates to major systems like plumbing, electrical, or the roof, and consider an inspection to assess the condition.
2. The lot is exceptionally large. What does this mean for me?
A lot in the top 4% city-wide offers uncommon outdoor privacy and space. Beyond gardening, it provides flexibility for future additions like a garage, workshop, or deck. It’s also a long-term asset, as larger lots are increasingly rare in developed city neighbourhoods.
3. The assessed value seems low compared to the city-wide average. Why is that?
The city-wide average assessed value includes all property types and neighbourhoods. This home’s assessment is aligned with averages for Minnetonka and its specific street, reflecting the local market. Its value proposition lies in getting more square footage and land area for that localized price point.
4. What is the significance of the "Top X%" rankings provided?
These rankings show how this property compares to similar homes in three circles: its immediate street, the wider Minnetonka area, and all of Winnipeg. For example, a "Top 16%" rank for living area means the home is larger than 84% of comparison homes, highlighting its relative strengths clearly.
5. How can I find out the exact historical sale price?
The displayed sale price is a public data range. To obtain the precise sale price from the 2020 transaction, you can submit your email via the provided request form. The service commits to providing the exact figure manually without using your contact information for unsolicited marketing.