Property Overview: 41 Glenthorne Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 41 Glenthorne Crescent in Minnetonka is a practical, no-frills property built in 1972. Its key characteristic is a clear value proposition centered on land and location rather than interior size. With 840 sqft of living space, the house itself is notably compact, ranking below average for size both on its street and in the wider city. However, it sits on a 6,345 sqft lot, which is above average city-wide, offering valuable outdoor space and potential.
The appeal lies in its affordability and efficiency. With an assessed value that is around average for its street and the city, it represents a more accessible entry point into homeownership. It last sold in the CA$350k–400k range in 2021. The home suits first-time buyers, downsizers, or investors seeking a lower-maintenance property with a good lot size. It’s for someone who prioritizes a manageable footprint and yard space over a large interior, and who views the home as a solid foundation rather than a turn-key luxury property.
A less obvious perspective is that its smaller size and older vintage (yet newer than many on its street) could mean lower utility costs and a simpler, more straightforward layout for renovators. Its value is fundamentally in the land and its position within a stable, established neighbourhood.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 840 sqft, the living area is indeed below average. It would best suit individuals, couples, or small families comfortable with efficient, compact living. The trade-off is the larger-than-average city lot.
2. What is the neighbourhood like?
The home is in the Minnetonka area of Winnipeg. The data shows the street and area consist primarily of homes from the 1970s, suggesting a mature, established neighbourhood character.
3. How does the assessed value relate to the likely selling price?
The assessed value is $364,000. The home last sold for between $350,000 and $400,000 in 2021. Market conditions will determine the current price, but this provides a historical benchmark.
4. What does the lot size offer?
The 6,345 sqft lot is a significant asset, offering ample yard space for gardening, recreation, or future expansion (subject to permits and zoning). It’s a feature that adds long-term value.
5. Where can I see more detailed comparisons with nearby homes?
You can use the provided neighbourhood analysis map link to visually compare this property with immediate neighbours on factors like year built, lot size, and assessed value for deeper context.