Property Overview: 75 Metz Street, Winnipeg
Key Characteristics & Appeal
This single-family home at 75 Metz Street in the Minnetonka neighbourhood presents a practical opportunity with notable value in its specific context. Built in 1972, it is a slightly newer home compared to others on its street. With 1,114 sqft of living space, it offers a comfortably sized layout that is very typical for the immediate area. A key standout feature is the lot size of 6,399 sqft, which is above average for Metz Street and ranks well even city-wide, offering generous outdoor space for a home of this scale.
The appeal here is grounded in value and space. The home’s assessed value is above average for its street, suggesting it may be in good relative condition or have desirable attributes within this micro-market. It suits first-time buyers or practical investors looking for a home with a larger yard in a stable neighbourhood without a premium price tag. It’s a property that shines more in its direct local comparison than in broader area rankings, making it a sensible choice for someone focused on specific lot size and value within a well-established community.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home sold between $300k-$350k in 2020. Its current assessed value is $39,700. It’s important to note that assessed value for tax purposes is not market value; a professional appraisal or comparative market analysis is needed to determine its current worth.
2. Is the lot size a significant advantage?
Yes. The lot of 6,399 sqft is in the top 13% on Metz Street and the top 24% city-wide for comparable homes. This means you’re getting more outdoor space than many properties, which is a less obvious but valuable asset for privacy, gardening, or future expansion.
3. What does the "above average" assessed value on the street indicate?
Ranking 9th out of 32 homes for assessed value on Metz Street suggests that, according to municipal assessment, this property holds more value than most of its direct neighbours. This could be due to its larger lot, slightly newer age, or specific improvements.
4. Is the living space smaller than other Winnipeg homes?
At 1,114 sqft, it is below the city-wide average for comparable homes. However, it is almost identical to the average size on Metz Street itself. This highlights the importance of neighbourhood context: the home is typical for its specific location.
5. How can I find out the exact historical sale price?
The provider offers a manual service to share the exact sold price history. You can submit your email via the "Get exact sold price history" button, and they aim to respond by the end of the same day, stating they will not use your information for unsolicited marketing.