Property Overview
23 Ravine Drive is a well-established home in Minnetonka, offering a balanced combination of space, location, and value. Built in 1989, it sits on a generous 7,438 sqft lot and features 2,374 sqft of living area. The home’s appeal lies in its strong positional value—it provides significantly more space than the average Winnipeg home while being situated in a mature neighbourhood. Its assessed value is notably lower than others on its own street, which could present an opportunity, but it also means the property taxes may be relatively favourable compared to its immediate neighbours.
This home would suit buyers looking for a spacious family home in a quiet area without the premium of a brand-new build. It’s ideal for someone who values a larger lot for gardening or outdoor space and appreciates a home that already holds a solid position within the broader city market. A thoughtful perspective is that while it’s average for its street, it stands out as a top-tier property in the wider city context, offering a chance to live in a above-average home for the area without the highest price tag on the block.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is below the average for Ravine Drive, but above the averages for both the Minnetonka area and the city of Winnipeg. This suggests it may offer good value within its immediate street while still being a substantial asset in the broader market.
2. Is the living space considered large?
Yes. With 2,374 sqft, the living area ranks in the top 8% for the Minnetonka area and the top 4% city-wide, making it a notably spacious home compared to most in Winnipeg.
3. What does the sold price history indicate?
The home sold in 2024 for an estimated $650k–$700k. This sale price ranked in the top 6% for the area and top 4% city-wide, confirming its strong market performance relative to other properties.
4. Is the lot size a key feature?
The 7,438 sqft lot is above average for the street and the city, providing ample outdoor space. It’s around the typical size for the Minnetonka area itself.
5. How can I find out the exact historical sold price?
The exact sold price is not publicly listed in detail. You can request it by email via the listing page; the service aims to provide the accurate figure manually by the end of the same day, without using your email for marketing.