Property Overview
44 Minnetonka Street is a modest, single-family home built in 1972, situated on a roughly 5,700 sqft lot. Its key characteristic is its compact size, with 892 sqft of living space, which is notably below the average for its immediate street, neighbourhood, and the wider city of Winnipeg. This is reflected in its assessed value of $36,200, which sits around the average for its street but below the average for the Minnetonka area.
The primary appeal of this property lies in its affordability and efficiency. It represents a lower barrier to entry for homeownership in Winnipeg, particularly for a land-based property rather than a condo. It would suit first-time buyers, investors looking for a rental property, or downsizers seeking a manageable home without a large yard to maintain. A thoughtful perspective is that its smaller footprint could translate to lower utility costs and less time spent on upkeep, appealing to a lifestyle focused on simplicity. While the lot is smaller than many in the area, it still offers private outdoor space, which is a valuable commodity.
Frequently Asked Questions
1. Why is the living area significantly smaller than nearby homes?
At 892 sqft, the home's living area is in the bottom 15% for the street and neighbourhood. This indicates it is likely a bungalow or compact layout, which was a common design for its era. It's important to view the interior to understand the room sizes and flow.
2. How does the recent sale price compare to the assessed value?
The home sold for an estimated $350,000–$400,000 in 2024, which is substantially higher than its $36,200 assessed value. This is normal, as municipal assessed values in Manitoba are primarily for tax purposes and often do not reflect current market value. The sale price is a much more accurate indicator of its worth.
3. Is the lot size a disadvantage?
At 5,673 sqft, the lot is below average for the Minnetonka area but close to the city-wide average. It offers a balance—enough space for a garden, patio, or play area without the burden of a very large yard. For those wanting minimal maintenance, this could be an advantage.
4. What does the "rank" and "top X%" data mean?
These metrics show how this property compares to similar homes in three zones: its street, the broader Minnetonka area, and all of Winnipeg. For example, a "Top 86%" rank for living area means 86% of comparable homes on its street are larger. It's a quick way to see where the property stands relative to its peers.
5. How can I find out the exact sold price?
The exact sale price is not publicly displayed due to local regulations. You can request it by email via the button on the listing page. The service is manual, with a promise of a reply by the end of the same day, and your email will not be used for marketing spam.