Property Overview & Key Characteristics
4 Twin Pine Road is a compact, single-level home built in 1973, situated on a well-sized lot in Winnipeg's Minnetonka neighbourhood. Its primary appeal lies in its efficiency and value positioning. With 906 square feet of living space, it is notably smaller than most area homes, offering a low-maintenance footprint. The assessed value is modest and aligns with the local neighbourhood average, suggesting a manageable property tax burden. Interestingly, while the lot is slightly below average for Minnetonka, it ranks above average city-wide, providing a good outdoor space relative to many Winnipeg properties.
This home would best suit first-time buyers, downsizers, or investors seeking an affordable entry into the market. Its size and value make it a practical choice for those prioritizing financial efficiency over space, or for someone looking to build equity without a premium price tag. A thoughtful perspective is that its smaller size and average local assessment could represent a stable, lower-risk holding in a city where property values and sizes vary widely.
Frequently Asked Questions
1. How does the home's size compare to others?
At 906 sq ft, the living area is below average for both the Minnetonka area and the city overall. This indicates a compact, efficient layout.
2. What is the property's tax assessment situation?
The assessed value of $42,300 is very close to the Minnetonka neighbourhood average ($45,800), suggesting the property taxes should be typical for the area and not disproportionately high.
3. Is the lot size a pro or a con?
The 6,237 sq ft lot is slightly smaller than the area average but is actually larger than the typical city-wide lot. This means you get more outdoor space than many Winnipeg homes, which is a positive in a broader context.
4. What is the recent sales history?
The home sold between $400,000 and $450,000 in 2021. For the exact sale price, you can request details via email from the listing service.
5. How does the age of the home factor in?
Built in 1973, the home is of a similar vintage to many in Minnetonka and is slightly newer than the average Winnipeg home. Buyers should still budget for maintenance and potential updates common to houses of this era.