Property Overview: 31 Ravine Drive, Minnetonka, Winnipeg
Key Characteristics & Appeal
This home at 31 Ravine Drive presents a compelling blend of space, location, and value. Built in 1992, it offers 2,099 sqft of living area on a 7,259 sqft lot. The data reveals its strongest appeal is its relative size and value within the broader Winnipeg market. While the home is slightly below the average size for its own street, it ranks within the top 13% of homes in the Minnetonka area and the top 9% city-wide for living space, offering more room than most Winnipeg properties. Similarly, its assessed value is above average for both the area and the city. This positions it as a spacious, established home in a neighbourhood of comparable properties, potentially offering more interior space for your dollar than you’d find in many other parts of the city.
The property would suit buyers looking for a well-sized family home in a mature neighbourhood without a premium street price. It’s ideal for someone who values space over having the newest home on the block and appreciates a lot that provides room for gardens or outdoor living. A thoughtful perspective is that its "average" standing on Ravine Drive itself suggests a harmonious streetscape without extreme outliers, which can contribute to stable property values and a consistent community feel.
Frequently Asked Questions
1. How does this home’s size truly compare to others?
While it’s slightly smaller than the average home on Ravine Drive, it is significantly larger than typical homes in both the wider Minnetonka area and across Winnipeg, ranking in the top 10-15% city-wide for living area.
2. What does the assessed value indicate?
With an assessed value of $60,600, this home is above the average for both Minnetonka and Winnipeg. On its own street, it is very close to the average, suggesting it is priced in line with its immediate neighbours.
3. Is the lot a good size?
At just over 7,250 sqft, the lot is above the city-wide average. It is typical for both the street and the local area, providing ample outdoor space without being an outlier in terms of maintenance.
4. When was it last sold and for how much?
Public records indicate a sale between 2016 and 2025, with a price range of CA$500k–550k in 2017. For the exact sale price, you can request details via email from the listing service.
5. How can I understand these neighborhood comparisons better?
You can open the provided neighbourhood analysis page to see this property on a map alongside nearby homes, comparing details like year built, living area, and lot size visually and in detail.