Property Overview: 62 Riverhaven Grove, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 62 Riverhaven Grove is a spacious, modern property in Winnipeg's Minnetonka area. Built in 2005, it offers 2,729 square feet of living space on a 9,102 sqft lot. Its primary appeal lies in its exceptional standing within broader comparisons. While it is an above-average home on its own street, it truly stands out when viewed in a wider context. The living area is in the top 4% for the Minnetonka area and the top 2% city-wide, indicating a much larger home than most in Winnipeg. Similarly, its assessed value ranks in the elite top 2% locally and top 1% across the city, suggesting a high-value asset in a desirable setting.
The property would best suit buyers looking for a substantial, newer-built family home who value space and investment potential. It appeals to those who want the amenities of a modern build without being in a brand-new subdivision, and who appreciate a home that holds significant value relative to both the immediate neighborhood and the entire city. A thoughtful perspective is that this home offers a balance: it provides elite city-wide space and value, while still being a comfortable fit within its own established street, avoiding the potential outlier feeling of the largest or newest house in an older area.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the recent sold price?
The home was assessed at $96,900, but sold for between $950,000 and $1,000,000 in 2024. This large discrepancy is normal; municipal assessed value for property tax purposes is typically much lower than actual market value.
2. Is the lot size a pro or a con?
The lot is above average for both the city and the Minnetonka area, offering good outdoor space. However, on Riverhaven Grove itself, it is slightly below the street's average. Buyers should consider if the lot meets their needs relative to the home's large interior footprint.
3. What does its "elite" ranking for size and value actually mean?
The data shows this home is significantly larger and has a higher assessed value than over 95% of homes in Winnipeg. This suggests a strong investment in a property that is a scarce commodity city-wide, which can be advantageous for long-term value.
4. The home is 21 years old. What should I consider?
Built in 2005, it avoids the major systems issues of much older homes but is now at an age where some original components (like the roof, HVAC, or appliances) may be nearing the end of their service life. A thorough inspection is recommended.
5. How can I get the exact historical sold price?
The provided sold price is a public data range. The listing service offers to provide the exact figure via email upon request, which they state is a manual process with a same-day turnaround and no marketing spam.