Property Overview: 114 Riverhaven Grove, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 114 Riverhaven Grove presents a compelling blend of space, modernity, and location. Built in 2005, it offers a contemporary layout without the concerns of an aging structure. With over 2,500 square feet of living area, the home provides ample room for families, ranking within the top 6% of its local Minnetonka area and the top 3% city-wide for size. The nearly 9,300 sqft lot offers generous outdoor space, significantly larger than the typical Winnipeg property.
The primary appeal lies in its established, high-value setting. While its assessed value is around average for its own street, it ranks in the elite top 3% within Minnetonka, indicating it sits in a desirable pocket of the neighborhood. This suggests you’re buying into a mature, well-regarded area rather than a speculative one. The home suits buyers looking for a move-in ready, spacious family home in a settled community, who prioritize above-average interior space and a large yard over having the newest house on the block. A thoughtful perspective is that its "average" standing on its own street for value and size means it fits seamlessly into the area without being an outlier, potentially offering a balanced investment without the premium price of the street's largest properties.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to what it last sold for?
The property sold in 2017 for an estimated $600k-$650k. Its current assessed value is notably different, which is common as assessments for tax purposes don't always equal market value. For an exact sale price history, you can request the information via email from the listing source.
2. Is the home in a newer or older part of Minnetonka?
The 2005 build date is newer than most homes in Winnipeg, but on Riverhaven Grove it ranks above average (top 28%), meaning the street consists of a mix of ages, with several homes built more recently than 2005.
3. What does the "Elite" ranking for assessed value in the area mean?
It means this home’s assessed value is in the top 3% of all 1,515 properties in Minnetonka. This typically reflects a combination of its size, lot, condition, and the perceived desirability of its specific location within the broader area.
4. How does the lot size compare?
At 9,312 sqft, the lot is above average for both the city and the Minnetonka area, offering substantial outdoor space. On its own street, it’s around the middle of the pack, indicating the street is consistently comprised of homes with large lots.
5. Where can I see more context about the immediate neighborhood?
A dedicated neighborhood analysis page is available to view this property on a map alongside nearby homes, allowing for direct comparison of year built, living area, assessed value, and lot size with its closest neighbors.