Property Overview: 27 Harry Collins Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 27 Harry Collins Avenue in Minnetonka presents a compelling case for value and stability. Built in 1975, it is notably one of the newer homes on its street, ranking in the top 3% locally for its year of construction. This suggests potentially fewer immediate concerns with aging infrastructure compared to neighboring properties.
The 1,256 sqft living space is efficiently sized, offering more room than most homes on Harry Collins Avenue (top 16%) while sitting close to the city-wide average. Its true standout feature is the 6,200 sqft lot, which is generously proportioned both for the immediate area and across Winnipeg (top 27% city-wide), offering valuable outdoor space and future potential.
The appeal lies in its strong positional value within its micro-market. With an assessed value that is above average for the street and on par for the Minnetonka area, it represents a established, middle-ground property in a mature neighbourhood. It suits practical buyers looking for a solid, no-fuss home with a larger-than-average yard on a quiet street, as well as those who appreciate the statistical advantage of owning one of the street’s newer builds. It’s a sensible choice for first-time homeowners or downsizers seeking space without the premium of a brand-new property.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value ($40,900) is for municipal tax purposes. Market price is determined by recent sales, condition, and demand. Historical data shows a sale between $300k-$350k in 2016, so the current market value would be significantly higher, reflecting market changes over the past nine years.
2. What does it mean that the home is "newer" than others on the street?
With a 1975 build, this home is the newest among the 37 comparable properties on Harry Collins Avenue. This can imply updated building standards for its time and possibly less wear on core components like plumbing, electrical, or the foundation relative to older neighbours, though a thorough inspection is still essential.
3. Is the living area small compared to the lot size?
The living area is modest relative to the large lot. This ratio could be attractive if you prioritize yard space, gardens, or future expansion potential over a large interior footprint. It’s a configuration less common in newer subdivisions.
4. How does this property rank for value in the broader city?
City-wide, its assessed value ranks around the 36th percentile, meaning it’s assessed lower than about 64% of Winnipeg properties. This generally indicates a more affordable tax base compared to many areas, though property taxes also depend on the mill rate.
5. Where can I see more detailed context about the neighbourhood?
You can open the dedicated neighbourhood analysis page for a map view to compare this property directly with nearby homes in terms of year built, living area, assessed value, and lot size.