Property Overview: 80 Fernleaf Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 80 Fernleaf Drive presents a compelling opportunity in Winnipeg's Minnetonka neighbourhood. Its primary appeal lies in offering above-average space and land relative to its immediate surroundings, creating a sense of value and room to breathe.
The 1,664 sqft living area is notably larger than most homes on its street (ranking in the top 3%) and is above average for both the wider area and the city. This is complemented by a generous 8,064 sqft lot, which is significantly larger than typical city lots (top 11% city-wide) and provides ample outdoor space. Built in 1975, the home is of a vintage consistent with the area. The assessed value is positioned as above average for the street but aligns more closely with mid-range averages in the broader Minnetonka area and city.
This property would suit buyers looking for a established home with more interior and yard space than is commonly found in its price segment. It’s ideal for those who value room for a family, gardening, or outdoor recreation without moving to a distant suburb. The recent sale history suggests a stable and appreciating market for the home. A thoughtful perspective is that while the home is not new, its standout lot size and living space offer a foundation for both immediate living and future potential, whether for expansion, renovation, or simply enjoying a larger private outdoor area than most urban lots allow.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The home’s living area of 1,664 sqft is significantly larger than the average on Fernleaf Drive (~1,193 sqft) and is above average for both the Minnetonka area and the city of Winnipeg as a whole.
2. What is the significance of the lot size?
At 8,064 sqft, the lot is well above the city-wide average. This means more private outdoor space, potential for additions like a shed or deck, and generally fewer space constraints than a standard lot.
3. What do the recent sold prices indicate?
The home sold in 2020 in the $400k-$450k range and again in 2024 in the $450k-$500k range. This indicates a stable and appreciating market for this specific property over that four-year period.
4. How is the assessed value determined, and what does it mean for taxes?
The assessed value ($43,200) is the city’s valuation for property tax purposes. It is above average for the street but around the middle range for the larger area. Taxes are calculated based on this value and the annual municipal mill rate.
5. Where can I see more context about the neighbourhood?
A detailed neighbourhood analysis map is available, allowing you to compare this property with nearby homes based on year built, living area, assessed value, and lot size. This provides a clear visual context of how 80 Fernleaf Drive fits into the local landscape.