Property Overview: 86 McNulty Crescent, Winnipeg
Key Characteristics & Appeal
This home at 86 McNulty Crescent in Minnetonka presents a compelling blend of space, modern age, and established value. Its primary appeal lies in its generous 2,647 sqft of living area, which places it in the top 5% of homes in the Minnetonka area and the top 2% city-wide, offering significantly more room than typical Winnipeg houses. Built in 1987, it is notably newer than most homes on its street and in the broader city, suggesting updated building standards and potentially fewer major age-related concerns compared to the average Winnipeg property.
The home sits on a sizable 8,450 sqft lot, providing ample outdoor space that is well above the city average. Its assessed value of $83,100 consistently ranks in the elite tier (top 3%) for the area, indicating strong municipal valuation fundamentals. A recent sale in the $800k-$850k range in 2022 further anchors its market position in the upper tier.
This property would ideally suit growing families or multi-generational households seeking abundant interior space without sacrificing yard size. It also appeals to value-conscious buyers who prioritize a home that ranks highly across multiple metrics—size, modernity, and assessed value—within its immediate neighbourhood and the wider city context. It represents a move into an established, mature area with homes of a similar calibre.
Frequently Asked Questions
1. How does this home’s size compare to its neighbours?
With 2,647 sqft, this home is substantially larger than the average on McNulty Crescent (~2,130 sqft) and ranks 9th largest out of 46 homes on the street, placing it comfortably in the top 20%.
2. What does the assessed value indicate?
An assessed value of $83,100 is in the top 3% for the Minnetonka area, suggesting the city appraises it as a high-value property relative to its local peers. It’s important to note this is for tax purposes and differs from market value.
3. Is a 1987-built home considered modern?
For Winnipeg, yes. Built in 1987, it is newer than 96% of homes on its street, 83% in Minnetonka, and 75% city-wide. This often means more contemporary layouts, wiring, and insulation compared to the city’s predominantly mid-century housing stock.
4. How stable is the recent sale price?
The home sold for between $800,000 and $850,000 in 2022. This sale price was in the top 4% for the Minnetonka area at that time, indicating a purchase at a premium market level.
5. What is the lot size like for the area?
The 8,450 sqft lot is above average for both the city and the Minnetonka area. On McNulty Crescent specifically, it is about average, meaning it fits harmoniously within the streetscape without standing out as unusually large or small.