Property Overview

86 Robertson Crescent is a well-situated home in Winnipeg's Minnetonka neighbourhood, built in 1972. Its key appeal lies in offering above-average space for its immediate street while presenting a value-oriented entry point within the broader area. With 1,072 sqft of living area, it ranks in the top 25% on its own crescent, providing more interior space than most direct neighbours. The lot size of 4,950 sqft is also generous for the street, ranking in the top 22%. However, when compared to the wider Minnetonka area, the home's assessed value is notably below average, suggesting it may be a more affordable option in the community. This combination points to a property that offers good relative value on its block, suited for buyers prioritizing space and location on a street level over a premium, updated home in the wider suburb. It would particularly suit first-time buyers, value-conscious investors, or those seeking a home with solid fundamentals and the potential to add value through updates over time.

Frequently Asked Questions

How does this home’s value compare to its recent sale price?
The home sold in 2024 for an estimated $450k-$500k, which is significantly higher than its current assessed value of $35,200. This is a common disparity, as assessed value for tax purposes often lags behind market value. The sale price placed it in the top 3% of recent sales on its street, indicating strong market demand for this specific property.

Is the living space considered large for Winnipeg?
At 1,072 sqft, the living area is slightly below the city-wide average but is actually above average for its specific street. This indicates the home likely offers good functionality for the neighbourhood, but buyers expecting a larger, suburban-style footprint may find it compact.

What does the below-average lot size for Minnetonka mean?
While the 4,950 sqft lot is generous for Robertson Crescent, it ranks in the bottom 3% for the entire Minnetonka area. This means the broader neighbourhood features much larger lots on average. For this property, it translates to a manageable yard that is still larger than most on the block, but not an expansive suburban plot.

Why is the assessed value so much lower than the area average?
The assessed value is in the bottom 13% for Minnetonka. This can be influenced by factors like the home's age (1972), its specific location within the area, the size of the lot relative to the area, and the interior condition or features that may not have been extensively updated. This lower assessment can result in relatively lower property taxes.

How can I see how this property fits into the neighbourhood?
You can use the provided neighbourhood analysis map link to see this home in geographic context alongside nearby houses, comparing metrics like year built, lot size, and assessed value directly on a map for a clearer understanding of the immediate area's character.