Property Overview: 3 Golden Willow Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 3 Golden Willow Crescent in Minnetonka presents a practical and straightforward opportunity. Built in 1973, it is one of the newer homes on its specific street, which can be an advantage for maintenance and systems. With 1,032 sqft of living space and a 5,497 sqft lot, the property offers a manageable size. The data suggests it is a very typical home for its immediate area in terms of value and lot size, but notably more compact than the average Minnetonka home.
Its primary appeal lies in its stability and predictability. The assessed value is consistent with the neighbourhood, and its previous sale in the 2021 market provides a clear, recent benchmark. This isn't a standout luxury property, but rather a solid, average-priced home in a settled area. It would suit a first-time buyer looking for an entry point into homeownership without surprises, or a downsizer seeking a low-maintenance footprint. A thoughtful perspective is that its "averageness" on the street could be a buffer against market volatility, offering a stable investment in a known quantity, rather than a speculative gamble.
Section 2: Frequently Asked Questions
1. How does this home's size compare to others?
At 1,032 sqft, the living area is slightly below the average for the broader Minnetonka area and the city, but is quite typical for Golden Willow Crescent itself. It's a compact, efficient layout.
2. What does the assessed value tell us?
The assessed value of $38,500 is very close to the street average and is around the middle range for the neighbourhood. This indicates the property is viewed by assessors as standard for the area, not over- or under-valued.
3. The home was sold in 2021. What does that mean for me?
A sale within the last few years provides a transparent, recent price point (listed in the range of CA$350k–400k) for comparison, giving a clearer picture of its value in the modern market than much older sales data.
4. Is the lot size a pro or a con?
The lot is under 5,500 sqft, which is smaller than many in Minnetonka. This means less yard maintenance, which is a plus for some, but may be a consideration for those wanting extensive outdoor space or future expansion.
5. You mention it's "one of the newer homes on the street." Why is that significant?
With a 1973 build, it ranks in the top 9% for year built on its street. In an older neighbourhood, a newer home can sometimes mean updated infrastructure (like plumbing or electrical) and potentially fewer immediate major repairs, though a specific inspection is always needed.