Property Overview: 70 Ravine Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 70 Ravine Drive in Minnetonka presents a compelling blend of space, modern age, and established value. Its primary appeal lies in its generous 2,605 sqft of living area, which ranks within the top 5% of homes in the Minnetonka area and the top 2% city-wide, offering significantly more interior space than typical Winnipeg houses. Built in 1997, it is a newer property relative to most of the city's housing stock, potentially meaning fewer major upkeep concerns compared to older homes.

The home’s assessed value of $73.40k positions it well above average for its immediate street, neighbourhood, and the entire city, indicating a strong and recognized valuation. While the lot size is fairly typical for the street and area, it remains above the city-wide average. A less obvious perspective is that this property represents a "best of both worlds" scenario: it’s newer and spacious without being on an excessively large lot that requires high maintenance. Its last known sale was between $650k-$700k in 2020.

This property would ideally suit buyers who prioritize move-in-ready space over a massive yard, such as growing families or professionals who work from home and need dedicated rooms. It’s also a strong candidate for value-conscious buyers looking for a home with above-average metrics across the board in a stable, established neighbourhood.

Section 2: Frequently Asked Questions

1. How does the living space truly compare to other homes?
With 2,605 sqft, this home offers substantially more living area than most. It surpasses the average home in Minnetonka by over 1,100 sqft and the average Winnipeg home by approximately 1,260 sqft.

2. What does the assessed value tell us?
The $73.40k assessed value is a strong indicator of the property's municipal valuation for tax purposes. It ranks in the top 10% on its street, top 6% in Minnetonka, and top 3% city-wide, suggesting it is consistently viewed as a higher-value home within its peer groups.

3. Is a 1997-built home considered modern?
Yes, relatively. It is newer than the average home on its street, in Minnetonka, and across Winnipeg. This often translates to building codes, materials, and system designs (like electrical and plumbing) that are more contemporary.

4. How does the lot size impact the property?
At 6,546 sqft, the lot is fairly standard for Ravine Drive and Minnetonka. It offers adequate outdoor space without the extensive upkeep of a much larger lot, which can be a practical advantage.

5. Where can I find more detailed context about the neighbourhood?
For a detailed map analysis comparing this property to nearby homes on metrics like year built and lot size, you can use the provided link to "Open neighbourhood map analysis." To obtain the exact historical sold price, you can request that information via email from the listing source.