Property Overview: 685 Denson Place, Winnipeg
Section 1: Key Characteristics & Appeal
This 900 sqft home, built in 1994, sits on a 3,798 sqft lot in the Minto neighbourhood. Its core appeal lies in its modern age relative to its surroundings and its standout value within the local area.
The home is notably newer than most in Winnipeg, ranking in the top 20% city-wide for year built. This is its most distinctive advantage, suggesting potentially fewer major age-related maintenance concerns compared to the city's predominantly older housing stock. While the living space is compact, it is quite typical for the Minto area.
Financially, the property presents an interesting profile. Its assessed value is significantly above average for Minto (top 7%), indicating it is viewed as a higher-value asset within the immediate community. However, this assessment is below average for its specific street, Denson Place. This contrast could appeal to a value-conscious buyer who sees the benefit of owning one of the better-assessed properties in a broader neighbourhood, while the street itself may offer more affordable entry points.
This property would best suit a first-time homebuyer, a downsizer, or an investor seeking a relatively modern, low-maintenance property in a central location. It’s for those who prioritize a home’s condition and efficient layout over sheer size, and who understand the value of a property that stands out positively within its local market context.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes, at 900 sqft, it is below the average size for both its street and the city overall. It is, however, very close to the average living area for the Minto neighbourhood, making it a typical home for the area.
2. Why is the assessed value so high for Minto?
The assessment of $33.4k ranks in the top 7% for the Minto area. This is likely due to the home's younger age (1994) compared to many area homes, which positively influences its valuation relative to older properties.
3. How old is the home, and is that an advantage?
Built in 1994, the home is 32 years old. Its key advantage is being much newer than the Winnipeg city-wide average home (built in ~1966) and significantly newer than the average in Minto. This often translates to newer major systems (like plumbing and electrical) and potentially lower immediate repair costs.
4. What was it last sold for?
Public records indicate it sold between $300,000 and $350,000 in 2021. For the exact sale price, you can request details via the provided email service.
5. How does the lot size compare?
The 3,798 sqft lot is above average for the Minto neighbourhood but below average for the specific street and for Winnipeg overall. It offers a decent outdoor space for the area without being a large, high-maintenance yard.