Property Overview: 458 Minnigaffe Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home stands out in Winnipeg's Robertson neighborhood as a distinctly modern property in an area of mostly older homes. Built in 2021, it is newer than 98% of comparable homes citywide and is the newest on its street. With 1,002 sqft of living space, it offers more room than most houses on Minnigaffe Street, though it sits on a smaller, 3,000 sqft lot.
The primary appeal lies in its modern construction within an established, affordable neighborhood. It offers move-in readiness and contemporary building standards without the premium price of a brand-new subdivision. The assessed value of $365k is notably high for its immediate area, ranking in the top 1% on its street and top 2% in Robertson, indicating it is viewed as a premium property locally. However, this value is just below the Winnipeg city average, presenting a potential value proposition for buyers seeking a newer home without a peak city-wide price tag.
This property would best suit first-time buyers or downsizers who prioritize modern amenities, low maintenance, and energy efficiency over a large yard. It’s also a practical choice for those who want to live in a mature neighborhood with character but are wary of the renovation projects often required with older homes.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much higher than neighboring homes?
The assessed value reflects the home's very recent construction (2021). Modern building materials, systems, and codes, along with the lack of depreciation compared to the area's predominantly mid-20th century homes, result in a significantly higher valuation.
2. What are the implications of the smaller lot size?
The 3,000 sqft lot is below average for the street, neighborhood, and city. This means less outdoor space for gardening or expansion, but also translates to lower yard maintenance. It’s a trade-off that prioritizes the home itself over land.
3. The home sold in 2021; is this a resale of the original build?
Yes. The data shows it was sold in July 2021, likely by the original builder or first owner. This is essentially a like-new resale, offering an opportunity to acquire a nearly new home without the wait of a build.
4. How does this home’s value compare to the Winnipeg average?
Its assessed value ($365k) is slightly below the city-wide average for comparable homes ($390.1k). This suggests you may get more modern home for your dollar here than in some other Winnipeg neighborhoods, though on a smaller parcel of land.
5. Where can I get the exact historical sold price?
The site provides sold price ranges for non-members. To obtain the exact sale figure from 2021, you must request a manual lookup via email from the site administrators, as they do not display MLS sold data directly.