Property Overview: 120 Tangle Ridge Crescent, Linden Ridge
Key Characteristics & Appeal
This 2,200 sqft family home, built in 2005, sits on a generous 7,544 sqft lot in Winnipeg's Linden Ridge neighbourhood. Its primary appeal lies in its above-average space and modern age compared to the wider city, offering a contemporary layout without the premium of a brand-new build. The data reveals a nuanced position: while the living area is spacious for both the street and city, the property’s assessed value is notably lower than many immediate neighbours. This suggests a potential value opportunity for a buyer in a well-regarded area, possibly due to the home requiring some updates or the lot configuration. The appeal is grounded in solid, practical space in a mature neighbourhood.
It would suit a practical buyer looking for a large, relatively modern home who sees potential beyond current finishes. It’s also a strong fit for those prioritizing indoor and outdoor space over having the most updated home on the block. The value-centric assessment makes it a candidate for families or long-term owners willing to invest in personalization over time.
Frequently Asked Questions
1. Why is the assessed value lower than neighbouring homes on the same street?
While the home has above-average living area for the street, its assessed value ranks in the bottom 20% of Tangle Ridge Crescent. This typically indicates factors like a different lot valuation, a need for modernization, or a specific layout that affects its current market appraisal compared to directly similar homes.
2. How does the living space compare to other homes in Winnipeg?
With 2,200 sqft, this home is in the top 7% for living area citywide, where the average is 1,342 sqft. It offers significantly more interior space than a typical Winnipeg home.
3. Is the lot size typical for the area?
At 7,544 sqft, the lot is around the average for both Tangle Ridge Crescent and the broader Linden Ridge area. It is, however, above average (top 13%) compared to lots across the entire city.
4. What does the "Elite" citywide ranking for assessed value mean?
This can be confusing. The "Elite" top 5% citywide ranking reflects that the assessment value is among the highest 5% in Winnipeg. However, assessment values in newer suburbs like Linden Ridge are clustered higher than the city's older core areas. So, while the assessment is high citywide, it is actually below average within its own immediate, newer neighbourhood context.
5. How can I find out the exact historical sale prices for this property?
The listing notes that exact sold price history is not publicly displayed. You can request this information directly via the email link provided on the detail page; the service manually replies with accurate data.