Property Overview: 62 Ravine Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 62 Ravine Drive presents a compelling value proposition within the Minnetonka neighborhood. Built in 1993, it is a well-situated property that offers a balanced mix of space and location. With 1,703 sqft of living area, it provides comfortable, efficient space that is above the city-wide average but more modest compared to the larger homes typically found on Ravine Drive itself. The lot size of 6,537 sqft is generous by city standards, offering good outdoor potential.
The primary appeal lies in its strong value positioning. The assessed value of $60,600 is notably above average for both the wider Minnetonka area and the city of Winnipeg, suggesting a desirable location and solid property fundamentals relative to its price point. This creates an opportunity for buyers seeking entry into an established neighborhood without the premium often attached to the largest homes. It would suit first-time buyers looking for a manageable home with room to grow, downsizers wanting a maintainable property in a good area, or value-focused investors attracted by its favorable assessment metrics. A thoughtful perspective is that this home may offer a "best of both worlds" scenario: the prestige and stability of a known street like Ravine Drive, but in a more affordable and potentially less imposing package than its immediate neighbors.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others in the area?
While its living space is above the Winnipeg average, it is one of the more modestly sized homes on Ravine Drive itself. This often translates to a more efficient layout and lower utility costs compared to the street's larger averages.
2. What does the assessed value tell me about this property?
The assessed value is significantly higher than the Minnetonka and city-wide averages for comparable homes. This typically indicates the municipal assessment recognizes desirable traits, such as location and lot value, which can be a positive factor for long-term value stability.
3. Is the lot a good size?
At 6,537 sqft, the lot is above the city-wide average. While it's not the largest on the street, it provides ample private outdoor space for gardening, recreation, or additions, which is a key feature in this neighborhood.
4. When was it last sold, and for how much?
Public records indicate a sale between 2020-2025 for an estimated $550,000-$600,000. For the exact sale price and history, you can request the information directly via the provided email service on the listing page.
5. How does the year built affect this home?
Built in 1993, the home is newer than the average Winnipeg house. This often means modern construction standards, potentially fewer major immediate renovations, and systems (like wiring or plumbing) that may not require urgent updating compared to much older homes.