Property Overview: 138 River Pointe Drive
Key Characteristics & Appeal
This home at 138 River Pointe Drive presents a compelling blend of space, land, and location within the Minnetonka area of Winnipeg. Its primary appeal lies in its generous, private lot. With 13,834 square feet of land, the property ranks in the top 6% on its street and within the wider Minnetonka area, offering significantly more outdoor space than most city homes. The living area of 2,732 sqft is substantial, placing it well above average for both the city and the local area, providing ample room for family living.
Built in 1989, the home is newer than many in Winnipeg, potentially meaning fewer immediate concerns with aging infrastructure compared to the city's older housing stock. A thoughtful perspective is that while the home's assessed value is around average for its immediate street, it holds an "Elite" status (top 5%) within the desirable Minnetonka area, suggesting its valuation is strongly supported by the prestige of the neighborhood rather than just the structure itself.
This property would ideally suit buyers who prioritize land size and interior space over a brand-new build. It’s a strong fit for families seeking room to grow, entertain, or enjoy outdoor privacy, or for anyone looking for a home that offers above-city-average amenities within a well-regarded community.
Frequently Asked Questions
1. How does this home’s value compare to its last sale price?
The home sold previously in 2016 for an estimated range of CA$600k–650k. Its current assessed value is $74,900. It is important to consult with a real estate professional to understand current market value, as assessed value for taxation purposes often differs significantly from resale market value.
2. Is the lot size a standout feature?
Yes. The land area of nearly a third of an acre is a defining asset. It ranks in the top 3% city-wide and top 6% locally, meaning you get considerably more private outdoor space than the vast majority of Winnipeg homes.
3. How does the home’s size compare to others nearby?
With 2,732 sqft of living area, this home is larger than approximately 96% of homes in Minnetonka and 98% of homes across Winnipeg. On its own street, it is slightly below the group average but still within the top 60%, indicating a street of consistently larger homes.
4. What might the "Elite" ranking for assessed value in Minnetonka indicate?
This ranking suggests that while the home’s assessed value is moderate on its own street, Minnetonka as a whole is a neighborhood with higher property values. You are investing in a location that holds its value well compared to the broader city.
5. Where can I see more detailed context about the neighborhood?
You can open the dedicated neighbourhood analysis page for a map view to compare this property with nearby houses in detail, examining year built, living area, assessed value, and lot size side-by-side.