Property Overview
435 River Road is a well-established home in Minnetonka, built in 1972. Its primary appeal lies in its above-average size and value relative to its surroundings. The home offers 2,128 square feet of living space on a 9,174 square foot lot, placing it comfortably in the top tier of homes locally and citywide for interior space. Its assessed value also ranks highly, especially compared to the wider city, suggesting a solid valuation foundation. The property suits buyers looking for a spacious, mature home in a settled neighborhood, particularly those who value more room than is typical and appreciate a home with a proven history of value retention. It may also appeal to someone interested in a property that stands out statistically in its peer group without being an outlier in age, offering a balance of space and established character.
Frequently Asked Questions
How does the property’s size compare to nearby homes?
The living area is notably larger than average. It ranks in the top 17% on its street and the top 8% citywide, meaning it offers significantly more interior space than most comparable Winnipeg homes.
What does the "Elite" ranking for Assessed Value mean?
This indicates the home’s assessed value is in the top 5% of all residential properties in Winnipeg. This high ranking citywide suggests a strong underlying value proposition, even when compared to homes in many other neighborhoods.
Is the lot size a standout feature?
The lot is above average compared to the city as a whole (top 8%) but is more typical for the immediate area. It offers a generous, established yard space that is larger than most in Winnipeg, though not the largest on River Road.
The home was built in 1972. What should I consider?
Built 54 years ago, the home is of average age for its street and city. This typically means major systems like roofing, plumbing, or windows may be due for updates or have been recently modernized, which would be a key point of inquiry.
Can I find out the exact historical sale prices?
The listing provides sold price ranges from 2017 and 2020. To obtain the exact sale figures, you must request them directly via email from the listing service, which provides them manually without using your email for marketing.