Property Overview: 22 Riverhaven Grove, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Minnetonka offers a compelling blend of space, modernity, and value. Built in 2004, it is a notably newer property compared to most of Winnipeg, placing it in the top 4% for its age within the area. Its primary appeal lies in its generous 2,539 sqft of living area, which ranks within the top 6% locally and the top 3% city-wide, offering significantly more interior space than the average Winnipeg home.
The property presents an interesting value perspective. While its assessed value is below average for its immediate street, it is well above average for Minnetonka and ranks within an elite tier across the entire city. This suggests you are acquiring a large, modern home in a desirable area at an assessed value that compares very favorably to the broader market. The lot size of 7,426 sqft is solid, offering ample outdoor space while being manageable for maintenance.
This home would ideally suit growing families or professionals seeking move-in-ready space without the concerns of an older build. It’s also a smart consideration for value-focused buyers who recognize the advantage of a newer, large home with a city-wide elite ranking in living area, paired with a tax assessment that may offer relative value.
Section 2: Frequently Asked Questions
1. Why is the assessed value below average for the street?
This is not uncommon and can be due to several factors, including the specific timing of assessments, differences in upgrades, or lot characteristics. It’s important to note that this assessment is still above average for the wider Minnetonka area and elite city-wide, indicating the street itself is comprised of high-value homes.
2. How does the lot size compare?
At 7,426 sqft, the lot is slightly below the average for Riverhaven Grove but is very close to the average for Minnetonka and is actually above average compared to lots across Winnipeg. It provides substantial outdoor space.
3. What does the sold price history indicate?
The home sold between CA$550k–600k in 2019. This sale price was in the top 12% for the area and top 11% city-wide at that time, confirming its history as a higher-value property.
4. Is a 2004-built home considered modern?
Yes, particularly in Winnipeg. With a city-wide average build year around 1966, a 2004 construction places this home in the top 15% newest city-wide and the top 4% within Minnetonka, meaning major components like roofing, windows, and systems are likely in good condition.
5. How can I get the exact historical sold price?
The exact sale price is not publicly posted due to data licensing. You can request it by email via the button on the property page. The service is manual but prompt, with no marketing spam attached.