Property Overview: 50 Ravine Drive, Minnetonka, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 50 Ravine Drive presents a compelling blend of space, location, and value. Its primary appeal lies in its generous proportions, both in the 2,595 sqft living area and the 8,570 sqft lot, which rank in the top tiers for its immediate street, the broader Minnetonka area, and city-wide. Built in 1990, the property is newer than most homes in Winnipeg, potentially suggesting fewer major age-related concerns. The assessed value positions it as an above-average to elite property in its market segments, a status reinforced by its 2023 sale in the $650k-$700k range.
The home is ideally suited for buyers seeking established value in a mature neighbourhood. It fits families or professionals who prioritize interior space and a larger yard over a brand-new build. The data suggests it’s a property that stands out locally not for being the absolute largest or newest, but for offering a well-above-average package on all fronts—a balanced, premium offering within its context. A thoughtful perspective is that its strong rankings city-wide indicate it would hold its own in almost any area of Winnipeg, offering a degree of insulation from hyper-local market fluctuations.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it consistently outperforms averages. Its living space is in the top 5% for Minnetonka and top 2% city-wide, while its lot size is in the top 10% on its own street. It’s a notably larger and newer property than typical Winnipeg homes.
2. What does the assessed value tell us?
With an assessed value that places it in the top 7% of Minnetonka and top 4% city-wide, it is officially considered a high-value property. This generally correlates with market value and property taxes, but the recent sold price is a more direct indicator of current market worth.
3. The home was built in 1990. What should I consider?
While newer than over 75% of Winnipeg homes, a 1990 build means core components like the roof, windows, and major systems (HVAC, water heater) may be nearing or past their typical lifespans and could require inspection or updates.
4. How can I find out the exact past sold price?
The listed sold price is a public data range. The exact figure can be requested by email from the site, which provides it manually as a service without marketing spam.
5. What is the neighbourhood context like?
The “neighbourhood analysis page” and map tool allow you to see this property in direct visual comparison to nearby homes, detailing variations in year built, size, and value on the same street and block.