Property Overview: 7 Millfield Drive, Winnipeg
Key Characteristics & Appeal
This home at 7 Millfield Drive presents a compelling blend of space, value, and lot size. Built in 1979, it is a newer construction compared to many homes on its street and in the wider Minnetonka area, which may suggest updated infrastructure or fewer immediate renovation concerns. With 1,387 sqft of living area, it offers above-average space for its immediate neighborhood, providing good room for a growing family or home office needs.
The standout feature is the land. The 10,705 sqft lot is significantly larger than the Winnipeg city average, placing it in the top 5% city-wide. This offers exceptional outdoor potential—from gardening and recreation to future expansion—that is increasingly rare. The assessed value is consistently above average across all comparison levels, indicating strong perceived value by the city assessor relative to peers.
This property would suit buyers looking for a balance of indoor and outdoor space in a well-established neighborhood. It’s ideal for those who prioritize a generous yard over a brand-new home, and for value-conscious buyers who appreciate a home that stands out positively in its local market for its lot size, newer vintage, and assessment value.
Frequently Asked Questions
1. What does the "above average" assessed value ranking mean?
It means the city's assessed value for this home is higher than most comparable properties on its street, in its area, and across Winnipeg. This often reflects the property's desirable characteristics (like its lot size and year built) but is not a direct indicator of market selling price.
2. How significant is the large lot size?
Very. A lot of this size (over 1/4 acre) is uncommon in the city, placing it in the elite 5%. It provides privacy, space for activities, gardens, or pets, and long-term flexibility that smaller lots cannot offer.
3. The home was last sold in 2019. Is that a concern?
Not necessarily. A sale within the last 5-7 years often indicates a period of modern ownership where updates or maintenance may have been performed. It’s a useful prompt to inquire about any improvements made during that time.
4. The living area is "around average" city-wide but "above average" on the street. How should I interpret this?
This highlights the character of the neighborhood. The home offers more interior space than most of its immediate neighbors, which could be an advantage for resale on that street, while being comfortably sized compared to the broader Winnipeg market.
5. Why is the exact historical sold price not listed publicly?
To ensure accuracy and privacy, exact sale prices from the proprietary land title system are not published openly. They can be provided manually upon request to verified users, ensuring you receive correct data for your decision-making.