64 Settlers Road

Property Overview: 64 Settlers Road, Minnetonka

Section 1: Key Characteristics & Appeal

This home at 64 Settlers Road presents a compelling blend of space, established character, and relative value. Built in 1992, it offers 1,945 sqft of living area on a 6,529 sqft lot. Its primary appeal lies in its strong performance within broader contexts: the home is notably above average in size and assessed value when compared to both the wider Minnetonka area and the entire city of Winnipeg. This suggests you get more house for your dollar here than in many other neighbourhoods.

However, a more nuanced look reveals its position on its own street. On Settlers Road, this property is more middle-of-the-pack, with a living area and lot size around the local average and an assessed value that is below the street's average. This creates an interesting dynamic: you're acquiring a home that stands out favourably against the wider market, yet sits comfortably and unassumingly within its immediate, well-established community.

This property would suit practical buyers looking for a spacious, solid family home without paying a premium for a "top-of-street" location. It’s ideal for those who value the stability of a 1990s build and a mature neighbourhood, and who appreciate a home that offers more interior space than much of the city. It may also attract value-conscious investors or buyers who see potential in a property with a below-average assessment on a street where comparable homes are valued higher.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to the last sold price?
The home was last sold between $450,000 and $500,000 in 2019. Its current assessed value is $566,000. This indicates a significant increase in its official valuation since the last sale, though the exact market price will be determined by current conditions.

2. Is the home older or newer than others in the area?
Built in 1992, the home is older than the average house in Minnetonka but newer than the average for Winnipeg as a whole. On its own street, its age is around the median, meaning it fits right in with the neighbourhood's established period.

3. How does the lot size compare?
At 6,529 sqft, the lot is slightly smaller than the average for both Settlers Road and the Minnetonka area. However, it is still above the city-wide average, offering a good balance of yard space without excessive maintenance.

4. Why is the assessed value below average on the street but above average for the area?
This suggests that Settlers Road overall is a street of higher-valued homes. While this property’s assessment is lower than its immediate neighbours, it remains a high-value asset compared to the broader Minnetonka and Winnipeg markets, highlighting the street's desirability.

5. How can I find out the exact historical sold price?
The provided sold price is a public data range. The exact sale figure is available by request. You can submit your email via the property page to receive the precise historical sold price manually, typically by the end of the same business day.