Property Overview
This home at 50 Harry Collins Avenue presents a well-situated, established property in Winnipeg's Minnetonka neighbourhood. Built in 1974, it offers 1,040 sqft of living space on a 5,982 sqft lot. The data suggests a property that holds its own within its immediate street and area, often ranking above average for its lot size and age compared to direct neighbours. Its most recent recorded sale was between $350k-$400k in 2023.
Key Characteristics & Appeal
The appeal of this property lies in its established neighbourhood setting and balanced metrics. On its own street, it stands out for having a newer build year and a larger-than-average lot, offering a bit more space and a relatively younger structure compared to the houses directly around it. While the living space is modest, particularly for the broader Minnetonka area, this translates to manageable upkeep and lower utility costs. The assessed value is consistently around the average across all comparison levels, indicating a stable, predictable valuation.
This home would suit a first-time buyer or downsizer looking for a solid entry into a mature neighbourhood without the premium of a newly built home. It’s also a practical fit for an investor seeking a property with steady, middle-of-the-road metrics and proven resale activity. A thoughtful perspective is that its "above average" rankings on its own street for key features like lot size and year built could provide a slight competitive edge and perceived value within its most immediate market—the one that matters most for day-to-day living and future sale.
Frequently Asked Questions
1. How does this home really compare to others in the area?
The home is very typical for its specific street in terms of size and value, but it has a slight advantage with a newer build date and a larger lot compared to those direct neighbours. Compared to the wider Minnetonka area, the living space is more compact.
2. What does the sold price range from 2023 tell me?
The $350k-$400k sale price from 2023 gives you a recent benchmark for what a buyer was willing to pay. It performed well in that sale, ranking in the top 14% on its street and top 35% city-wide for sold price at that time.
3. Is the assessed value the same as the market value?
No. The assessed value (currently $37,500) is used for calculating property taxes. Market value is what a buyer would pay today, which is better indicated by recent sale prices and current market conditions.
4. The living area seems smaller than the area average. Is that a concern?
It depends on your needs. The size is efficient and manageable, which can mean lower heating and maintenance costs. For the immediate neighbourhood, it's closer to the standard, so it may not feel out of place.
5. How can I find out the exact past sold prices?
The exact sale prices are not publicly displayed in detail. As noted on the listing, you can request the precise history by emailing the provided service; they manually confirm and share this information directly.