Property Overview: 35 Metz Street, Winnipeg
Key Characteristics & Appeal
This home at 35 Metz Street in Minnetonka presents a practical and affordable entry point into the Winnipeg market. Built in 1970, it offers 1,040 sqft of living space on a 5,498 sqft lot. The data reveals a property that is consistently "around average" or "below average" in size and value compared to its immediate neighbours and the wider Minnetonka area. This isn't a standout luxury home, but rather a solid, typical property for its specific street and era.
Its primary appeal lies in its relative affordability and stability. With an assessed value significantly below the area average, it represents a lower barrier to entry. The lot size, while smaller than many in Minnetonka, is close to the city-wide average, offering decent outdoor space. A thoughtful perspective is that a home ranking in the middle of the pack on its own street can indicate a stable, established neighbourhood without extreme outliers, which can be appealing for those seeking consistency over flash. This property would suit first-time buyers, investors looking for a manageable rental property, or downsizers seeking a modest, low-maintenance home without the premium of a larger lot or recent renovations.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The "city-wide average" figure shown (approximately $390k) appears to be a technical error in the data presentation. A more relevant comparison is the Minnetonka area average of about $45.8k, against which this home's $35.5k assessment is below average, aligning with its smaller size and lot relative to others in the neighbourhood.
2. How does the sold price from 2017 relate to its value today?
The home sold for an estimated $250k-$300k in 2017. This historical price provides a benchmark, but current market conditions, interest rates, and any changes made to the property since then will be the primary drivers of its present value.
3. What does it mean that the home ranks "below average" for lot size in Minnetonka?
Many properties in Minnetonka have larger lots. At 5,498 sqft, this lot is about 30% smaller than the area average (~7,904 sqft). This means less yard to maintain, which could be a positive for some, but less private outdoor space than is typical for the immediate area.
4. Is the 1,040 sqft living area sufficient for a family?
This is slightly below the average for the street (1,106 sqft) and significantly below the Minnetonka average (1,439 sqft). It would likely suit a small family, a couple, or an individual comfortably, but may feel compact for those needing multiple large bedrooms or extensive living areas.
5. Can I see how this property compares visually to its neighbours?
Yes. The listing suggests using the "Open neighbourhood map analysis" tool. This allows you to see the property in geographic context and compare metrics like year built and lot size directly with nearby houses on a map.