98 Ravine Drive

Property Overview: 98 Ravine Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 98 Ravine Drive stands out for its generous proportions and established setting. Its nearly 3,000 sqft of living space ranks it in the top 2% of homes on its street and in the Minnetonka area, offering substantial room for a growing family or those who value spaciousness. The property is further distinguished by a large, private lot of over 9,400 sqft, placing it in the top 5% on Ravine Drive for land area. Built in 1990, the home is newer than most in the wider city, suggesting modern construction standards while still being part of a mature, settled neighborhood.

The primary appeal lies in this combination of above-average space, both indoors and out, within a desirable area. It represents a property that outperforms most peers in its category, not just in one metric but in several key areas. The home’s assessed value is also notably above average for its locale, which often correlates with quality finishes, updates, or premium lot features.

This property would ideally suit buyers looking for a long-term family home where space is a priority, without venturing into brand-new, premium-priced subdivisions. It’s for those who appreciate established communities with larger lot sizes and are willing to consider a home that may benefit from personalized updates to match its modern footprint. It also presents a compelling opportunity for buyers who use data to drive decisions, as its rankings clearly signal a standout asset in multiple dimensions.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to others nearby?
At 2,984 sqft, the living area is significantly larger than average. It ranks #1 out of 58 homes on Ravine Drive and is in the top 2% for the entire Minnetonka area, where the average home is closer to 1,400 sqft.

2. What does the assessed value indicate?
The assessed value of $76.70k is above average for the street and places the home in the elite top 4% for the Minnetonka area. This suggests the municipal assessment reflects a combination of the home’s size, lot, and condition as being superior to most comparable properties.

3. Is the lot size a significant feature?
Yes. The 9,446 sqft lot is a key asset, ranking in the top 5% on the street. It offers considerable outdoor space, which is less common in newer developments and provides privacy and room for gardens, play, or expansion.

4. The home was last sold in 2020. Can I get the exact sale price?
The public data shows a sale price range of CA$650k–700k for 2020. The exact, precise sale price is available by request directly from the listing service, which they provide manually via email.

5. Given it was built in 1990, will it need major updates?
While newer than the city-wide average, a 1990-built home is now 34 years old. Key systems like the roof, windows, HVAC, and kitchen or bathroom finishes may be approaching or have exceeded their typical lifespan, so a thorough inspection is advised to budget for any necessary maintenance or modernization.