Property Overview: 34 Glenthorne Crescent, Winnipeg

Key Characteristics & Appeal

This home at 34 Glenthorne Crescent is a practical, no-frills property that presents a clear value proposition. Built in 1972, its 833 sqft living area is notably compact, ranking below average for both the immediate street and the wider Minnetonka area. This smaller size is a defining characteristic, suggesting a home suited for efficient living rather than spacious gatherings.

The primary appeal lies in its financial accessibility. With an assessed value of $330,000, it sits below the average for its street and neighbourhood, indicating a lower property tax burden and a potentially more affordable entry point into the market. Recent sale history shows steady appreciation, with the last sale in 2024 falling in the $300k-$350k range. The lot size of 5,596 sqft is fairly standard for the city, offering adequate outdoor space without the maintenance demands of a larger yard.

This property would best suit first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance asset. Its appeal is pragmatic: it offers ownership in a stable neighbourhood without premium pricing. A less obvious perspective is that its smaller footprint and below-average assessment could represent a strategic opportunity for someone planning a future renovation or addition, where the existing structure provides a foundation to build upon without a high initial land cost.

Frequently Asked Questions

1. Is this a small house?
Yes. At 833 square feet, the living area is significantly smaller than most homes in the Minnetonka area, where comparable properties average about 1,439 sqft. It is designed for efficient, low-maintenance living.

2. Why is the assessed value lower than the neighbourhood average?
The assessed value of $330,000 is below the local average, which is typically influenced by the home's smaller size and modest specifications compared to larger or updated homes on the same street and in the area.

3. How has the property's value changed over time?
Based on available sale price ranges, the property has appreciated from the $250k-$300k range in 2019 and 2021 to the $300k-$350k range in its 2024 sale, indicating steady market growth.

4. What does the lot size allow for?
The 5,596 sqft lot is around the city-wide average. It provides a decent backyard for private outdoor space and is typical for the area, though it is slightly below the average lot size within the Minnetonka neighbourhood itself.

5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. You can request this information directly via the provided email contact on the listing page; the service aims to provide accurate figures manually by the end of the same business day.