Property Overview & Key Characteristics
This home at 96 Minnetonka Street presents a specific and value-oriented opportunity. Its primary appeal lies in the generous 7,443 sqft lot, which ranks well above average city-wide and offers significant outdoor space or future potential relative to many Winnipeg properties. The 1,344 sqft living area is efficiently sized, offering more space than most immediate neighbours while remaining manageable.
A key perspective is the home's assessed value, which is notably below average for the broader Minnetonka area. This, combined with its 1952 build date (making it one of the older homes on the street), suggests it may be a candidate for modernization. The appeal is for the practical buyer who sees value in land size and a solid floor plan, and who is prepared for the maintenance or updates that come with an older home. It would suit a hands-on homeowner, an investor looking for a property with a large lot in a stable area, or a buyer prioritizing space over move-in-ready finishes.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value of $36,100 is for municipal tax purposes. The last known sold price was between $250,000-$300,000 in 2019. Market value is determined by current conditions and must be established by a professional appraisal or recent comparable sales.
2. What does the older build year mean for me?
Built in 1952, the home likely has older mechanical systems (like plumbing, electrical, and heating), windows, and insulation. This isn't inherently negative, but it warrants a thorough inspection to budget for necessary updates, which can also be an opportunity to customize.
3. How does the large lot size benefit me?
Beyond simple outdoor space, a lot of this size (ranking in the top 14% city-wide) offers long-term flexibility. It could accommodate additions like a garage, workshop, or expanded garden. It also often contributes to a greater sense of privacy and can be a key factor in the property's future resale value.
4. The home sold in 2019. Why is the exact price not listed?
Exact sale prices in Manitoba are not publicly accessible data. The provided range is based on available public records. You can request the precise historical sold price directly via the email service mentioned on the listing page.
5. How does this home compare to others on the street?
The data shows it has a larger living area and a larger lot than most neighbours on Minnetonka Street. However, it is older and has a lower assessed value than the street average. This indicates it may offer more interior and exterior space but could require more investment compared to other homes on the block.