648 Denson Place

Property Overview & Appeal

This home at 648 Denson Place in Winnipeg's Minto neighbourhood presents a compelling mix of space, value, and location. Built in 1993, its 1,035 sqft living area is typical for the immediate area but sits on a notably generous 4,718 sqft lot—one of the largest on the street. This creates significant potential for outdoor living, gardening, or future expansion.

The appeal lies in its strong value proposition within the Minto area. Its assessed value ranks in the elite top 2% of the neighbourhood, suggesting it is a well-maintained or improved property relative to its peers. A sale in the $450k-$500k range in 2022 further supports its market standing. This isn't a sprawling estate, but a solid, above-average offering in its local context. It would suit practical buyers looking for a manageable-sized home with a premium lot size, or investors seeking a property with proven value retention in a stable neighbourhood. The data suggests it's a home that outperforms its immediate surroundings, offering a sense of value and space without the premium of a newer subdivision.

Frequently Asked Questions

1. How does the lot size compare to typical properties?
The land area of 4,718 sqft is a standout feature. It ranks in the top 2% on its own street and the top 7% in the broader Minto area, meaning you're getting significantly more yard space than most comparable homes nearby.

2. What does the "Elite" assessed value ranking mean for Minto?
An assessed value ranking in the top 2% for the neighbourhood indicates this property is officially valued much higher than most homes in Minto. This often reflects updates, better condition, or desirable attributes not captured by square footage alone, and can be a marker of stability.

3. The home sold between $450,000 and $500,000 in 2022. How does that inform its current value?
That sale price placed it in the top 1% for the Minto area at the time, strongly aligning with its high assessed value ranking. It serves as a recent, high-calibre benchmark, indicating the property has historically commanded a premium within its market.

4. Is the living space considered small?
At 1,035 sqft, the living area is average for both the street and Minto. The home's value appears to be driven more by its lot size, condition, and the high assessed value rather than expansive interior square footage. It's a efficient layout rather than a sprawling one.

5. How does the age of the home (1993) factor in?
Built in 1993, the home is newer than most in Winnipeg overall. Within Minto, it ranks in the elite top 3% for year built, meaning it's one of the more modern homes in the neighbourhood, potentially requiring less immediate major maintenance than older stock.