Property Overview: 717 Denson Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 717 Denson Place in the Minto neighbourhood presents a specific value proposition. Built in 1993, it’s a modern property relative to much of Winnipeg’s housing stock. With 938 sqft of living space, it is compact and efficient, sitting below the average size for its immediate street but quite typical for the broader Minto area. The lot size of 3,796 sqft is notably generous for the neighbourhood, offering above-average outdoor space compared to nearby homes.
Its primary appeal lies in its balance and context. The assessed value is significantly above average for Minto, suggesting official recognition of its condition, updates, or desirability within the local market. This creates an interesting dynamic: you’re acquiring a home that stands out in its immediate community for its perceived value, while the living space itself is practical and manageable. The recent sale history indicates steady market interest.
This property would suit first-time buyers or downsizers seeking a lower-maintenance home with a respectable yard in a well-established neighbourhood. It’s also a sensible fit for an investor or buyer focused on solid fundamentals within a specific community, rather than maximum square footage. The data suggests it’s a “big fish in a small pond” within Minto—a quality home for the area that may not command the same premium city-wide.
Section 2: Frequently Asked Questions
1. Why is the assessed value so high for the Minto area?
The assessment is well above the Minto average, which typically reflects factors like recent renovations, superior condition, or desirable property traits not fully captured in square footage alone. It’s advisable to review the property details and any upgrades to understand this premium.
2. How does the lot size compare to nearby properties?
The land area is a strong feature. At 3,796 sqft, the lot is larger than most in the Minto neighbourhood, offering more private outdoor space than you might typically find for a home of this era and style in the area.
3. Is the living space considered small?
At 938 sqft, it is below the average for the city and its specific street, but it is very close to the average for the Minto neighbourhood itself. This indicates the home’s size is quite typical for the local community, representing an efficient, manageable layout.
4. What does the sale history tell us?
The home sold in 2020 and again in 2022, with the price increasing from the $250k-$300k range to the $300k-$350k range. This shows active market demand and appreciating value over that two-year period, consistent with its above-average assessment for the area.
5. How modern is this home compared to others in Winnipeg?
Built in 1993, it is significantly newer than the average Winnipeg home (built circa 1966) and is among the newer properties in the Minto neighbourhood. This suggests potentially fewer concerns with major aging components like roofing or foundation compared to much older stock.