Property Overview: 34 Blue Spruce Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This 1972-built home in Minnetonka presents a compelling case based on its land value and positioning within its immediate neighbourhood. With 1,032 sqft of living space, the house itself is modest and slightly below the average size for both the wider area and the city. However, its primary strength is the 7,404 sqft lot, which is the largest on Blue Spruce Crescent (ranking 1st out of 20) and above average city-wide. This creates a clear value proposition: you are investing significantly in land with a functional, average-condition home for its street.
The appeal lies in this land-to-building ratio, offering ample outdoor space for gardening, expansion, or simply privacy in a mature neighbourhood. Its assessed value is notably below the Minnetonka average, suggesting the potential lies in the property itself rather than a premium for finished living space. This home would suit a practical buyer—perhaps a first-time homeowner, an investor, or a hands-on individual—who sees value in the lot size and is comfortable with a home that may require updates. It’s a property for those who prioritize land and future potential over immediate move-in luxury.
Section 2: Frequently Asked Questions
1. Is the sold price history reliable?
The listed sale ranges (e.g., CA$350k–400k in 2023) are based on public data. For the exact historical sold prices, you must request them directly via the provided email service.
2. How does the lot size compare practically?
At 7,404 sqft, the lot is substantially larger than most on its street (average ~5,981 sqft). This means more backyard space, greater distance from neighbours, and potentially more options for additions, sheds, or landscaping.
3. The living area is below average. How does that feel?
At 1,032 sqft, the home is cozier than many in Minnetonka (avg. ~1,439 sqft). It would suit smaller households or those who value efficient use of space over large square footage.
4. What does the assessed value tell me?
The assessed value of $35,500 is below the area average, which often reflects the home’s age, condition, and smaller size. It indicates taxes are likely based on this lower valuation, but the market sale price will be influenced by the desirable lot size.
5. The home is over 50 years old. What should I consider?
Built in 1972, major systems like roofing, plumbing, windows, and the furnace may be at or beyond their typical lifespan. A thorough inspection is essential to budget for potential updates or repairs.