62 Harry Collins Avenue

Property Overview: 62 Harry Collins Avenue, Winnipeg

Key Characteristics & Appeal

This home at 62 Harry Collins Avenue is a practical, no-frills property that represents an accessible entry point into Winnipeg’s Minnetonka neighbourhood. Built in 1974, its 916 sqft living area is notably compact, ranking below average for both the immediate street and the wider area. The lot size of 5,548 sqft is fairly typical for the street but smaller than many lots in Minnetonka.

The primary appeal lies in its value proposition. The assessed value is significantly below average for both the street and the neighbourhood, yet it sits close to the city-wide median. This suggests a property that is modest within its local context but priced in line with broader market fundamentals. Its last known sale was between $350k-$400k in 2021.

This home would suit first-time buyers or investors seeking a lower-cost footprint in a stable area. It’s a straightforward property where the value is in the land and location rather than size or luxury finishes. A thoughtful perspective is that its smaller scale could mean lower utility costs and less maintenance, appealing to those looking to minimize ongoing expenses. Its age and average city-wide ranking for year built indicate it’s among the newer homes on its block, potentially meaning fewer immediate major repairs than older counterparts in the city.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the market price?
Not directly. The assessed value for tax purposes is often lower than market value. Here, it's low locally but average city-wide, so it's best used as a benchmark for property taxes rather than an expected sale price.

2. How does the home's size compare to others?
At 916 sqft, the living space is below average for Minnetonka and for the immediate street. Buyers should expect a compact layout suitable for a smaller household or someone comfortable with efficient use of space.

3. What does the sale history tell us?
It sold for an estimated $350k-$400k in 2021. For an exact price, you must request the information via email from the listing service, as they provide that detail manually.

4. The lot is smaller than the area average. Is that a major drawback?
It depends on your priorities. The lot is about average for Harry Collins Avenue itself, so it fits the streetscape. While it offers less private outdoor space than some area homes, it could also mean less yard work.

5. The home is 52 years old. What should I consider?
Built in 1974, it's actually one of the newer homes on its specific street. While standard inspections for an older home are essential, its age is very typical for Winnipeg. Its city-wide ranking suggests its systems and structure are likely comparable to a large portion of the city's housing stock.