Property Overview: 705 Denson Place, Winnipeg
Key Characteristics & Appeal
This home at 705 Denson Place is a well-situated property in the Minto neighbourhood, presenting a practical and value-conscious opportunity. Built in 1993, it offers modern construction relative to many city and area homes, placing it in the elite top 5% for year built within Minto. With 1,033 sqft of living space, it provides average-sized accommodation for both its immediate street and the broader area, suitable for a small family, couple, or investor.
The primary appeal lies in its strong positional value within the local market. The assessed value of $35,300 is notably higher than the Minto area average, ranking in the top 5%, which can indicate a well-maintained property or desirable lot attributes. However, it remains around average compared to its specific street and the wider city, suggesting a fair market price without a premium for the neighbourhood. The lot size of 3,797 sqft is above average for Minto, offering good outdoor space for the area, though it is more compact compared to lots on its own street and the city overall.
This property would suit a first-time buyer seeking a relatively modern home in a central neighbourhood without the maintenance concerns of an older century build. It also appeals to the pragmatic buyer who values data-driven metrics, as it represents a solid, middle-ground investment—not the largest or smallest, but offering a balanced package with a standout characteristic (its newer build age) for the immediate area.
Frequently Asked Questions
1. How does the assessed value compare, and what does it mean?
The assessed value is significantly higher (top 5%) than the average for Minto, but is around average for the street and city. This typically suggests the property is in good condition and/or favorably positioned within its more immediate neighbourhood context.
2. Is the lot size a pro or a con?
It depends on your priorities. The lot is above average in size for the Minto area, which is a positive for outdoor space. However, it is below average compared to other lots on Denson Place itself, so it may feel more compact than some direct neighbours.
3. What does the "Elite" ranking for Year Built signify?
An "Elite" top 3% ranking in Minto means this 1993-built home is significantly newer than most homes in the neighbourhood. This often translates to more modern building materials, systems, and potentially lower immediate maintenance costs than much of the housing stock in the area.
4. What type of price history is available?
Public data indicates a sale between $250k-$300k in 2017. For precise historical sold prices, you must request the information directly via email, as the provider verifies and supplies this data manually.
5. Who might this home not suit?
Buyers seeking a very large lot or maximum square footage for the price may find better options elsewhere in the city. Similarly, those looking for a historic character home would find the 1993 build too modern. It’s best for those seeking a practical, relatively contemporary home in a central neighbourhood.