Property Summary: 104 Fernleaf Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 104 Fernleaf Drive in Minnetonka presents a balanced profile with distinct strengths. Built in 1975, it is notably one of the newer homes on its street, offering a potential advantage in terms of modern construction standards for its era. With 1,438 sqft of living space, it provides above-average roominess compared to its immediate neighbours, making it a relatively spacious option in that local context.
The appeal lies in its established neighbourhood setting and practical footprint. The lot size of 6,240 sqft is solid, ranking above average city-wide, which suggests decent outdoor space. The home’s assessed value is positioned below average on its street but aligns more closely with area and city averages, which could indicate a value opportunity for a well-sized home in the area.
This property would suit a buyer looking for a move-in ready, established home in a mature neighbourhood, who values more interior space than is typical on the block. It’s also a sensible choice for those who appreciate a home that is newer than most on the street, potentially minimizing some of the upkeep concerns associated with older builds. The data suggests it’s a pragmatic, no-surprises option rather than a standout luxury purchase.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 1,438 sqft, the living area is significantly larger than the average (1,193 sqft) for comparable homes on Fernleaf Drive itself, placing it in the top 13% on the street. It is very close to the average size for both the wider Minnetonka area and the city as a whole.
2. What does the “Elite” ranking for Year Built mean?
This indicates the home, built in 1975, is among the very newest on its street (top 3%). While 1975 is near the average age for the wider area, this suggests that immediate neighbouring homes are generally older, which can be a positive for maintenance and systems.
3. Is the assessed value low?
The assessed value of $37,600 is below the street average. However, it is much closer to the averages for the Minnetonka area and the city. This street-level discrepancy is worth noting, but the value is not an outlier in the broader context.
4. What was the previous sale price?
Public data indicates the home sold between $300,000 and $350,000 in 2019. For the exact sale price, you can request the information via email from the listing service.
5. How does the lot size compare?
The 6,240 sqft lot is consistent with the street average and is actually above average (top 26%) when compared to all lots across Winnipeg, offering a good amount of outdoor space by city standards.