Property Overview & Key Characteristics
This 1,414 sqft bungalow, built in 1977, sits on a substantial 11,584 sqft lot in the Minnetonka neighbourhood. Its primary appeal lies in the exceptional lot size, which ranks within the top 10% of the local area and an elite top 4% city-wide, offering significant outdoor space and potential. The home itself is above average in size for its immediate street and is newer than many comparable homes in the area. With an assessed value that is consistently around the median for its various peer groups, it presents as a solid, value-conscious option rather than a premium-priced listing.
The property would suit practical buyers looking for space and future potential over immediate luxury. It’s ideal for those who prioritize a large yard for gardening, recreation, or future expansion. First-time buyers or downsizers seeking a manageable single-level layout in a stable neighbourhood, who are comfortable with a home from the late 1970s, will find its metrics compelling. The data suggests it’s a property where the land is a standout asset, making it a sensible choice for a long-term holder.
Frequently Asked Questions
1. How does the lot size compare to a typical city lot?
The lot is notably large at over 11,500 sqft. For perspective, it’s approximately 75% larger than the average city-wide lot size of about 6,570 sqft, offering substantial extra outdoor space.
2. Is the home newer or older than others in the area?
Built in 1977, the home is newer than most on its street (ranking in the top 17%) and in the broader Minnetonka area, where it is also above average. This can suggest updated infrastructure compared to older neighbouring homes.
3. What does the "around average" assessed value indicate?
The assessed value places the property near the median (between the 34th and 44th percentile) across all comparison groups. This typically indicates it is fairly valued based on core municipal metrics, not over-assessed, which can be positive for property taxes.
4. The last sale shows a price range. How can I get the exact figure?
Exact sold prices are not publicly posted in detail. The site offers a manual service where you can submit your email to request the precise historical sale price, with a promise of a reply by the end of the same day and no marketing spam.
5. How can I better understand this property's context within the neighbourhood?
You can open the dedicated neighbourhood analysis page to see this property plotted on a map alongside nearby houses, allowing for a direct visual comparison of year built, living area, assessed value, and lot size.