Property Overview: 42 River Pointe Drive, Winnipeg
Key Characteristics & Appeal
This home presents a compelling profile defined by its context. Built in 2002, it is a notably modern property compared to its neighbours, ranking in the top 2% for its newness on River Pointe Drive. With 2,400 sqft of living space, it offers ample room, placing it well above average for both the wider city and the Minnetonka area, though it is on the more modest side for its specific, established street.
The appeal lies in this balance. It provides modern construction and generous interior space within a desirable neighbourhood, all while carrying a relatively efficient lot size of 8,463 sqft that requires less maintenance than larger plots on the street. The assessed value of $75.50k is solidly average for the immediate area but ranks as "Elite" (top 5%) within Minnetonka, suggesting strong underlying value for the neighbourhood. Recent sale history indicates steady appreciation.
This property would suit buyers seeking a move-in-ready, contemporary home without the concerns of an older structure, who value interior space over an excessively large yard, and who appreciate being in a mature neighbourhood where their home is one of the newest. It’s a pragmatic choice for professionals or families looking for a modern footprint in a settled community.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value ($75.50k) is used for calculating property taxes. Market value is what a buyer would pay today, which is influenced by recent sales, condition, and market demand. The home last sold between $700k-$750k in 2022.
2. How does the lot size compare?
At 8,463 sqft, the lot is above average for the city and the Minnetonka area. However, on River Pointe Drive itself, lots tend to be larger, so this property's lot is below the street average. This can be a positive for those wanting less yard maintenance.
3. The home seems newer than others nearby. What does that mean?
Built in 2002, this home is significantly newer than most on its street (avg. year built 1992) and in the broader area. This often translates to modern building materials, floor plans, and systems, potentially reducing immediate renovation needs.
4. What do the "Top X%" rankings mean?
They show how this property compares to a group of "comparable homes." For example, its living area is in the top 4% city-wide, meaning it's larger than 96% of comparable homes in Winnipeg. It's a quick way to gauge standout features.
5. Where can I see more detailed neighbourhood data?
A dedicated neighbourhood analysis page is available, showing this property on a map alongside nearby homes with filters for year built, size, value, and lot size. You can find the link to "Open neighbourhood map analysis" in the full property details.