Property Overview: 120 Falcon Ridge Drive, Linden Ridge, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home is a well-established property in the Linden Ridge neighbourhood, built in 2004. Its primary appeal lies in its strong value proposition and above-average positioning within the broader Winnipeg market. With over 2,100 sqft of living space and a large, 7,800+ sqft lot, it offers substantial room for a family. The data reveals a compelling narrative: while the home is fairly typical for its immediate street and area in terms of size and age, it stands out significantly city-wide. Its assessed value ranks in the elite top 2% across Winnipeg, suggesting a desirable combination of attributes that translate into strong municipal valuation. The home last sold in the $800k-$850k range in 2022.
Its appeal is for buyers seeking a solid, spacious family home in a mature suburban setting without the premium of a brand-new build. It would particularly suit value-conscious purchasers who appreciate a larger lot and see the benefit in a property that outperforms city averages. A less obvious perspective is that this home represents a "steady performer"—it may not lead its immediate block in every category, but its consistent above-average rankings across multiple metrics city-wide indicate a reliable and enduring quality that is often sought after for long-term stability.
Frequently Asked Questions
1. How does this home truly compare to others in Winnipeg?
City-wide data shows this property ranks in the top 8% for living area and an elite top 2% for assessed value. This means it offers more space and a higher municipal valuation than the vast majority of homes across the entire city, making it a standout in the broader market.
2. What does the assessed value tell me about the property?
An assessed value in the top 2% city-wide is a strong indicator of the property's overall worth as determined by municipal tax assessment. It reflects a combination of the home's size, lot, location, and condition relative to nearly every other property in Winnipeg, often correlating with desirability and resale value.
3. When was it last sold, and for how much?
The home was sold in 2022. Public records indicate the sale price was in the range of $800,000 to $850,000. The exact sale price can be provided upon request via email.
4. Is the lot size a notable feature?
Yes. The lot of over 7,800 sqft is above the city-wide average. While similar to others on the street, it provides generous outdoor space that is less common in newer developments, offering room for gardening, play, or expansion.
5. The home was built in 2004. What should I consider?
A 2004 build means major components like the roof, windows, and HVAC system are potentially approaching or within their typical lifespan for replacement or significant maintenance. A thorough inspection is advised to understand the condition and plan for any upcoming updates, balancing the benefits of a mature property with prudent future budgeting.