Property Overview: 11 Weeping Willow Drive
Section 1: Key Characteristics & Appeal
This home at 11 Weeping Willow Drive in Minnetonka presents a straightforward, value-oriented opportunity. Built in 1972, it’s a modest 1,008 sqft bungalow situated on a notably generous 7,196 sqft lot. The data reveals a property that is consistently average or above-average within its immediate neighbourhood context, particularly for its lot size and newer build year compared to its street. Its appeal lies in its stability and potential. The assessed value is firmly in the middle range for the area, suggesting a manageable entry point without the premium of a fully updated home. The standout feature is the lot, which is larger than most city-wide comparables, offering valuable outdoor space or future expansion potential in a mature neighbourhood.
This property would best suit practical, value-conscious buyers. It’s ideal for a first-time homeowner comfortable with a home that may require gradual updates, or an investor looking for a solid rental property in an established area. The larger lot could also appeal to someone with long-term plans for a garden, addition, or simply valuing more private outdoor space than is typically found in the city.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,008 sqft, the living area is slightly below the average for both the Minnetonka area and Winnipeg overall, but is quite typical for Weeping Willow Drive itself. It represents a compact, efficient layout common for its era.
2. What does the assessed value tell us about the property?
The assessed value of $39,100 is very close to the average for the street and the Minnetonka area. This indicates the municipality views it as a standard, mid-range property for the neighbourhood, not over- or under-valued relative to its core characteristics.
3. Is the larger lot a significant advantage?
Yes, especially from a city-wide perspective. The lot ranks in the top 16% in Winnipeg for size, meaning you get more land than most homeowners in the city. On its own street and in Minnetonka, it’s about average. This is a key asset for privacy, recreation, or future projects.
4. The home sold recently in 2024. What does that sale indicate?
The sold price range of $350k-$400k placed it in the top 25% of sales on its street at the time and above average for the area and city. This suggests the market recognized value, likely influenced by the desirable lot size and neighbourhood stability.
5. What is a less obvious consideration with a 1972-built home?
While the build year is newer than many on its street, a home from this era is at an age where major systems (like roofing, plumbing, or heating) may be nearing or past their original lifespan. A thorough inspection is crucial to understand if these components have been updated or what their remaining service life may be.