Property Overview: 46 Mcnulty Crescent, Winnipeg
Key Characteristics & Appeal
This home at 46 Mcnulty Crescent in Minnetonka stands out for its generous proportions and established value. Built in 1985, it offers 2,481 sqft of living space, which is notably larger than most homes in Winnipeg, placing it in the top 3% citywide. The lot is a substantial 9,620 sqft, providing ample outdoor space that is well above the city average. Its most striking characteristic is its assessed value of $92,900, which ranks in the elite top 1% of Winnipeg, indicating a very high municipal valuation relative to other properties.
The appeal lies in securing a home with space and proven value growth in a mature neighbourhood. It suits buyers looking for a established property with room to grow, whether for a family, home business, or hobbies. It’s particularly well-matched for value-conscious buyers who appreciate metrics, as the data shows a consistent pattern of outperforming averages on its street, in Minnetonka, and across the entire city. A thoughtful perspective is that while the home is 41 years old, it is newer than most in the broader city, potentially meaning updates may be more manageable than in a truly historic property. The significant gap between its last sold price range ($600k-$650k in 2017) and its current high assessed value is a key point for discussion with a real estate professional.
Frequently Asked Questions
1. What does the exceptionally high assessed value mean?
A high assessed value from the city reflects its valuation for property tax purposes. It often indicates the municipality views the property as having substantial market value relative to others, but it is not a direct market price. The last known sale was between $600,000 and $650,000 in 2017.
2. How does the living space compare practically?
With 2,481 sqft, this home offers significantly more interior space than the typical Winnipeg home (avg. ~1,342 sqft). It provides room comparable to larger, newer suburban builds but within an established neighbourhood.
3. Is the 1985 build date a concern?
The home is 41 years old, so a thorough inspection is essential. However, it is newer than the average Winnipeg home (avg. year built ~1966) and most on its street, which may suggest more modern construction materials and systems than many older city properties.
4. Who would this property suit best?
It’s ideal for buyers prioritizing interior and exterior space over a brand-new build. It suits families, those who entertain, or anyone wanting a large yard. The strong value metrics may also appeal to investors or buyers focused on long-term equity.
5. How can I find out the exact historical sale prices?
The provided sale price is a public data range. You can request the exact sold price history by emailing the listing service via the button on the property page. They provide this detail manually and do not use email addresses for unsolicited marketing.