Property Overview
This home at 54 Blue Spruce Crescent presents a straightforward, mid-century property in Winnipeg's Minnetonka neighbourhood. Built in 1972, it sits on a just-under-6,000 sqft lot and offers 1,032 sqft of living space. Its assessed value is notably lower than the area average, which is a defining characteristic. The data suggests it is a property of averages within its immediate street, but one that stands out for its value proposition within the broader community.
Key Characteristics & Appeal
The primary appeal of this home lies in its position as a practical entry point into the housing market. With an assessed value significantly below the Minnetonka average, it represents a relative affordability in the area. The lot size is generous for the street and the home’s age is typical for the neighbourhood, indicating a stable, established setting.
Its suitability is clear: first-time buyers or investors seeking a lower-priced foothold in Winnipeg will find the numbers compelling. A thoughtful perspective is that this property may appeal to those who prioritize land and location over square footage, as the living area is below regional averages. It’s a home for a buyer comfortable with a property that offers potential rather than premium finishes, possibly viewing it as a long-term hold in a mature neighbourhood.
Frequently Asked Questions
1. Why is the assessed value so much lower than the Minnetonka area average?
This is a key feature of the property. While the exact reason isn't stated, a lower assessment often reflects the home's size, condition, or specific features compared to others in the wider area. It's a primary factor in its affordability.
2. How does the living area compare to nearby homes?
At 1,032 sqft, it is actually above average for Blue Spruce Crescent itself. However, it falls below the average for the larger Minnetonka area, indicating the home may be more compact than many in the community.
3. What can the past sale price tell me?
The home sold between $250k-$300k in 2016. This provides a historical benchmark, but the current market value will be influenced by many factors since that time. The listing service offers to provide the exact sale price upon request.
4. Is the lot size a positive feature?
Yes. At 5,997 sqft, the lot is slightly larger than the street average and is a solid size city-wide. This is a valuable asset, offering good outdoor space for a home of this scale.
5. Where can I see more context about the neighbourhood?
The listing references a neighbourhood analysis page that maps nearby properties, allowing you to compare details like year built, lot size, and value directly with surrounding houses for a clearer picture of the specific street's character.