Property Overview: 47 Metz Street, Winnipeg
Key Characteristics & Appeal
This home at 47 Metz Street in Minnetonka presents a practical and straightforward opportunity. Built in 1970, its 1,146 sqft living space is notably efficient for the street itself, ranking above average among its immediate neighbours. This suggests a well-utilized floor plan that may feel more spacious than other homes on the block.
The appeal here is grounded in value and positioning. The assessed value is modest, sitting below the average for the broader Minnetonka area, which could indicate a lower property tax burden and an accessible entry point into the neighbourhood. A thoughtful perspective is the lot size: at 5,199 sqft, it is smaller than most in the immediate and surrounding area. For some, this means less yard maintenance, while for others, it highlights the importance of the home's efficient use of its interior space.
This property would likely suit first-time buyers or practical downsizers looking for a manageable home without excessive upkeep. It’s also a candidate for value-conscious investors or buyers who prioritize the neighbourhood character over having a large lot, appreciating that the home itself offers competitive space on its street.
Frequently Asked Questions
1. How does the home’s size compare to nearby properties?
While the living area is above average for Metz Street itself, it is closer to the city-wide average. This indicates the home is efficiently sized within its immediate context, potentially offering better relative space than you might find a few blocks over.
2. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value of $36,100 is for municipal tax purposes. It is notably below the Minnetonka area average, which may suggest a lower tax bill, but market conditions, the home’s interior condition, and buyer demand will ultimately determine the sale price.
3. What does the lot size mean for me?
At 5,199 sqft, the lot is smaller than over 90% of properties in Minnetonka. This translates to less outdoor maintenance but also less private yard space. It’s a trade-off that emphasizes the living space inside the home.
4. The data shows no sales history here. How can I find past prices?
The listing service offers to provide the exact sold price history manually via email. This is a common practice for some data providers to verify user interest while supplying accurate, non-public data.
5. Are homes from 1970 a concern?
Being built in 1970 puts this home in a common age bracket for Winnipeg. Key considerations would be the maintenance and updates of major systems like roofing, windows, plumbing, and electrical, rather than the build year itself. It shares a similar age with many homes on its street.