Property Overview & Appeal
This 1,120 sqft bungalow on a 5,502 sqft lot at 99 Fernleaf Drive presents a straightforward, value-oriented opportunity in Winnipeg's Minnetonka neighbourhood. Built in 1975, its key appeal lies in its strong position relative to its immediate street. While the living space is average for the area, the home boasts an assessed value that ranks in the top 13% on its street, suggesting it may offer good intrinsic value or condition compared to its closest neighbours. It also ranks as the newest home on Fernleaf Drive. The lot is smaller than many in the wider area, which can mean less maintenance. This property would suit a first-time buyer, downsizer, or practical investor looking for an entry into a stable neighbourhood without overpaying for land size. Its recent sale in the 2022-2025 period indicates modern market familiarity.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value of $42.7k is above the street average, ranking 4th highest out of 31 homes on Fernleaf Drive. This suggests it is viewed favorably relative to its most direct comparables.
2. Is the living space smaller than average?
At 1,120 sqft, the living area is slightly below the average for Minnetonka (~1,439 sqft) but is very close to the average for its own street (~1,193 sqft). It offers a manageable, efficient layout.
3. What does the "Elite" ranking for Year Built mean?
This indicates the home, built in 1975, is the newest on its street (ranked 1 out of 31). In the broader context, it is around the average build year for the city, meaning it likely has modernizations but may still require updates common for its age.
4. How recent is the sale history, and why is the price a range?
The home sold between 2022 and 2025 for an estimated CA$300k–350k. The range is based on public data; the exact price is available upon request to ensure accuracy and privacy from the listing platform.
5. The lot seems smaller than others in the area. Is that a disadvantage?
The lot is below average in size for both the street and the Minnetonka area. This can be a positive for buyers seeking lower outdoor maintenance, but it may limit expansion possibilities or private outdoor space compared to neighbouring properties.