Property Overview: 728 Denson Place, Winnipeg

Key Characteristics & Appeal

This home at 728 Denson Place in the Minto neighbourhood presents a compelling blend of space, modernity, and value within its local context. Built in 1994, it is notably newer than most homes in both Minto and Winnipeg overall, ranking in the top 3% for its year built on its street and in the area. This suggests a property likely requiring less immediate major upkeep compared to older, century-home stock.

Its primary appeal lies in its efficient use of land and above-average living space for the immediate vicinity. With 1,169 sqft of living area, it offers more room than the typical home on Denson Place. The lot size of 4,718 sqft is a standout feature, ranking in the top 2% on the street, providing generous outdoor space that is increasingly rare for homes of this era. From an investment perspective, the assessed value of $37,300 is positioned within the elite top 3% for the Minto area, indicating a strong valuation relative to its local peers, though it sits around the average mark when compared to the entire city.

This property would suit practical buyers looking for a relatively modern home with a sizable yard in a mature neighbourhood. It’s ideal for those who prioritize low-maintenance living without sacrificing outdoor space, and for value-conscious purchasers who appreciate a home that holds a strong assessed value position within its community.

Frequently Asked Questions

1. What does the "Elite" ranking for Assessed Value in Minto actually mean?
It means this home's assessed value is higher than approximately 97% of comparable properties in the Minto area. This can indicate a strong perceived value by the assessor relative to its neighbourhood, but it's important to view this in context with recent sale prices and home condition.

2. The home is newer than most in the area. Does that guarantee fewer issues?
While a 1994 build typically means more modern construction standards and systems, it does not eliminate the need for due diligence. Key components like the roof, windows, and major appliances may be nearing or past their typical lifespans and should be inspected.

3. The lot is large for the street, but what about the living space?
The living area is above average for Denson Place but closer to the average for Minto and the city. This highlights a specific balance: you're getting a newer home on a larger-than-typical lot for the immediate area, with a comfortable, though not exceptionally large, interior footprint.

4. How reliable are the provided sold price ranges?
The listed sold price ranges are based on public data and provide a general ballpark. The site explicitly states that to obtain the exact historical sold price, a manual request via email is required, as some data may be incomplete or estimated.

5. The city-wide assessed value average seems much higher. Is this a discrepancy?
No. The city-wide average assessed value includes all property types and values across Winnipeg, from condos to luxury homes. The more relevant comparisons are the "Same street" and "Same area" rankings, which compare this home directly to its immediate peers and provide a clearer picture of its standing in the local market.