Property Overview: 15 Greendell Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 15 Greendell Avenue in Minnetonka presents a straightforward, mid-century property built in 1960. With 1,155 sqft of living space, it offers a functional layout that is very typical for its immediate street and the wider city, fitting comfortably within the average range for Winnipeg homes. The lot size of 7,315 sqft is a notable feature; while it is smaller than others on Greendell Avenue, it is actually larger than the typical city-wide lot, offering decent outdoor space in a broader context.
The primary appeal lies in its position as a grounded, no-surprises property in a mature neighbourhood. Its recent sale in the $400k-$450k range aligns with its assessed value, suggesting a transparent and stable market valuation. This isn't a standout luxury home or a major fixer-upper, but a solid, baseline offering. It would suit first-time buyers or practical downsizers looking for an entry into a stable area without extreme premiums or major renovation projects. It also appeals to value-focused investors seeking a property with clear, average metrics and predictable holding costs, as it avoids the volatility or premium prices of being at either the top or bottom of its market segments.
Section 2: Frequently Asked Questions
1. Is this house smaller than others in the area?
The living area is slightly below the average for Minnetonka and very close to the Winnipeg city average. It provides adequate space for a smaller household but may feel compact for those needing more room.
2. How does the lot size compare?
This is a key point. The lot is smaller than most on Greendell Avenue itself. However, compared to all properties across Winnipeg, it is above average in size. This means you get more yard space than a typical city lot, but not as much as some direct neighbours.
3. What does the assessed value tell us?
The assessed value is consistently in the lower-middle range across all comparison groups (street, area, city). This typically indicates lower property taxes relative to higher-valued homes, which can be a long-term advantage for the budget-conscious owner.
4. The home was built in 1960. What should I consider?
While the building age is average for the street and city, it is older than most in the Minnetonka area. A thorough inspection is essential to understand the condition of major aging components like the roof, windows, plumbing, and electrical systems.
5. How does the recent sale price fit the profile?
The 2024 sale price range places the home in the lower 30-46% of sale prices compared to its broader area and the city. This supports the profile of a competitively priced, value-oriented property rather than a premium one, which may indicate a sensible purchase point for its category.