Property Overview: 636 Denson Place, Winnipeg
Key Characteristics & Appeal
This 925 sqft bungalow, built in 1993, sits on a notably generous 4,482 sqft lot in the Minto neighbourhood. Its primary appeal lies in a compelling value proposition within its immediate area. While the living space is modest compared to city-wide averages, the property holds an "Elite" top 3% ranking for its assessed value within Minto, suggesting it is perceived as a high-value asset relative to its local peers. This indicates a potentially advantageous tax assessment or a premium for its specific location and lot size within the community.
The home would suit practical buyers looking for solid value in a mature neighbourhood. It's ideal for first-time homeowners, downsizers, or investors seeking a property with a large yard (ranking above average for lot size both on its street and in Minto) without the footprint of a larger, older house. The 1993 build date offers a balance between modern construction standards and established community character. A thoughtful perspective is that this property represents efficiency—it provides the benefits of a substantial lot while maintaining a manageable, cost-effective interior space to heat, maintain, and renovate.
Frequently Asked Questions
1. How does the assessed value compare to likely market value?
While the assessed value is $370k, it's crucial to note this is for municipal taxation. Market value is determined by recent sales of comparable properties. The home's "Elite" assessment ranking in Minto suggests it is a high-value property for the area, but a professional appraisal or comparative market analysis is needed for an accurate current market value.
2. What does the "Elite" ranking for Year Built in Minto mean?
Within the Minto neighbourhood, this home is in the top 3% for its newer construction year (1993). This is because much of Minto consists of older homes, so a build from the 1990s is relatively recent for the area, potentially implying newer major systems like plumbing, wiring, and the roof.
3. Is the living space too small?
At 925 sqft, the living area is below the city-wide average. This suits buyers looking for a cozy, low-maintenance home. The trade-off is the larger-than-average lot, which expands your outdoor living space and could allow for future additions like a garage, garden, or deck, subject to local bylaws.
4. Why is there only a sold price range from 2016?
Exact sold prices in Manitoba are not publicly available in online databases. The range provided is based on publicly accessible data estimates. To obtain the precise historical sale price, you must request it directly from the listing service, which they provide manually via email to comply with data distribution rules.
5. How does the lot size compare practically?
The 4,482 sqft lot is significantly larger than the Minto area average (~3,267 sqft). This means more private outdoor space, greater distance from neighbours, and more flexibility for landscaping, parking, or recreational use compared to many lots in the neighbourhood.