Property Overview: 50 Glenthorne Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 50 Glenthorne Crescent in Minnetonka is a practical, no-frills property built in 1972. With 916 sqft of living space on a 5,596 sqft lot, it sits comfortably within the middle range for its immediate street but is notably more compact and modestly assessed than many homes in the broader Minnetonka area. Its appeal lies in its position as an affordable entry point into the Winnipeg market, particularly for those prioritizing location and lot ownership over size or modern finishes. The data suggests a home that has been maintained but likely requires updates reflective of its age.
This property would best suit first-time buyers, downsizers, or practical investors looking for a lower-cost holding with renovation potential. Its assessed value is significantly below the street and area averages, which could indicate a lower property tax burden and room for value growth through improvements. A thoughtful perspective is that while it ranks below average for size in the area, its lot size is closer to the city-wide norm, offering a balance of outdoor space without excessive maintenance. It’s a home for someone who sees utility and potential in a well-located, straightforward property rather than immediate move-in perfection.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value of $34,900 is below the average on its own street and in the Minnetonka area, but it is around the middle range compared to the entire city. This suggests it is a more affordable option within its specific neighbourhood.
2. Is the living space smaller than typical homes?
Yes. At 916 sqft, it is below the average living area for both the Minnetonka area and the city overall. On Glenthorne Crescent itself, it ranks near the middle, indicating the street has a mix of home sizes.
3. What does the sale history tell us?
Records show it last sold between 2017 and 2025 for an estimated $250k-$300k. For the exact sale price, you can request the information directly via the provided email service.
4. How does the lot size compare?
The 5,596 sqft lot is slightly below average for the street and area but is reasonably aligned with typical city-wide lot sizes. It offers a decent outdoor space without being overly large to maintain.
5. The home was built in 1972. What should I consider?
As a home over 50 years old, prospective buyers should budget for potential updates to major aging components like roofing, windows, plumbing, and electrical systems. A thorough inspection is highly recommended.