Property Overview
This home at 414 Avalon Road in Winnipeg's Minnetonka neighbourhood presents a straightforward, mid-century property with clear metrics for comparison. Built in 1976, it's a home that sits comfortably within the averages for its immediate area in several key categories, offering a sense of stability and predictability.
Key Characteristics & Appeal
The 1,196 sqft house is positioned around the average for living space both on its street and within the wider city, suggesting a practical layout typical of its era. Its assessed value is also consistent with local norms. A notable characteristic is the year of construction; built in 1976, it is newer than many homes on Avalon Road, which could imply updates to building materials or systems compared to older neighbours. The lot size of 5,833 sqft is more compact than others in Minnetonka, which translates to less yard maintenance—a potential plus for those seeking a manageable outdoor space.
This property would suit a first-time homebuyer or a downsizer looking for an established, no-surprises home in a mature neighbourhood. Its appeal lies in its comparability; it’s not an outlier in price or size, which can offer confidence in its market value. The compact lot and average home size point to efficient, manageable living without the burden of extensive upkeep.
Frequently Asked Questions
1. How does the home’s value compare to recent sales?
The home last sold for an estimated $300k–$350k in 2016. Its current assessed value is consistent with local averages, but a professional market appraisal is recommended to determine its present-day sale price.
2. Is the lot size a disadvantage?
While the land area is below average for Minnetonka, it is closer to the city-wide average. This smaller lot means less yard maintenance, which can be a practical benefit for many buyers, though it offers less space for expansions or large gardens.
3. What does it mean that the home is "newer" than others on the street?
Built in 1976, the home ranks in the top 20% for year built on Avalon Road. This relative newness may suggest that certain structural components or systems are younger than those in neighbouring houses, but a specific inspection is needed to confirm the condition and update status.
4. Are the property taxes likely to be high?
The assessed value of $42.20k is around the average for the street and area. Property taxes are calculated using this assessment and the city's mill rate, so they should be generally in line with similar homes in Minnetonka.
5. How can I get the exact historical sale price?
The exact sold price is not publicly listed in detail. You can request this information directly via the provided email service, which manually supplies accurate historical data without using your contact details for marketing.