Property Overview & Appeal

This home at 74 Ravine Drive presents a compelling opportunity in Winnipeg's Minnetonka area. Its key characteristic is a strong, balanced position in the market. With 2,427 sqft of living space, it sits comfortably above the city-wide average, offering substantial room for a family. The lot size of just over 7,000 sqft is notably larger than most city lots, providing valuable outdoor space. Built in 1992, the home is relatively modern compared to the Winnipeg average, potentially meaning fewer immediate concerns with aging infrastructure.

The appeal lies in its established, quiet neighbourhood setting on a street with consistent, above-average properties. It’s not the largest or newest on its block, but it holds its own, suggesting a stable and desirable location. The data indicates you are buying into an area where property values are consistently stronger than much of the city, which is a form of built-in security.

This property would best suit practical buyers looking for a family-sized home in a mature neighbourhood without the premium for a brand-new build or the potential headaches of a much older one. It’s for someone who values space—both indoors and out—and appreciates a home that is competitive on a city-wide scale while being a solid, typical offering on its own street.

Frequently Asked Questions

How does this home truly compare to others in the area?
The data shows it is very much in line with its immediate neighbours on Ravine Drive in terms of size, value, and age, indicating a uniform, established street. Its advantages become clearer when zooming out: it ranks in the top 8% for living area and top 9% for assessed value within the larger Minnetonka area.

What does the assessed value tell me about the property taxes?
The assessed value of $66,900 is used to calculate municipal property taxes. While it's above average for the city, it is around the norm for this specific street and neighbourhood, so taxes should be expected to be in line with similar, well-regarded areas of Winnipeg.

Is the 1992 build date a concern?
A home from 1992 is past its initial "newness" but is still 15-20 years newer than the median Winnipeg home. Key components like windows, roofing, and major systems may be entering or are in their typical replacement window, so a thorough inspection is advised to anticipate upcoming maintenance.

The lot is larger than the city average. What are the pros and cons?
The pro is more private outdoor space, gardening potential, and room for additions like a deck or shed. The con is that it entails more upkeep—lawn mowing, landscaping—than a standard city lot, which is a consideration for time and maintenance budgets.

Why is there no public sold price history shown?
Sold price data is not always publicly available in Manitoba. The listing service offers to provide the exact history manually via email to ensure accuracy and privacy, which is a common practice for obtaining reliable sale comps in this market.