Property Overview: 18 Canyon Ridge Cove, Linden Ridge
Key Characteristics & Appeal
This home at 18 Canyon Ridge Cove is a well-situated property in Winnipeg's Linden Ridge neighbourhood, built in 2004. Its primary appeal lies in its generous lot size and strong city-wide standing. With over 11,400 square feet of land, the property offers significantly more outdoor space than most homes in both the immediate area and across Winnipeg, ranking within the top 4% city-wide. The living area of 2,068 sq. ft. is comfortably above the city average, providing ample interior space.
The home’s value proposition is nuanced. While its assessed value is around average for its street and neighbourhood, it holds an "Elite" top 4% status compared to all Winnipeg properties, suggesting a desirable and stable investment profile within the broader market. Recent sale history indicates steady appreciation. This property would suit buyers looking for a established home in a mature suburb who prioritize a large, private yard over having the largest house on the block. It’s ideal for those who value space for gardening, recreation, or future additions, and who appreciate a home that represents a strong long-term asset relative to the entire city.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
The home’s assessed value places it in the top 4% of all properties in Winnipeg, which is considered an "Elite" ranking. This means it holds a higher value than approximately 96% of homes across the city, indicating a strong market position.
2. Is the lot size unusual for this area?
Yes. The lot of 11,410 sq. ft. is above average for Canyon Ridge Cove itself and ranks in the top 12% within Linden Ridge. This large lot is a standout feature, offering more privacy and space than many neighbouring properties.
3. What can the past sale prices tell me?
The home sold in the $550k-$600k range in 2019 and the $650k-$700k range in 2022. This shows a pattern of appreciation. For the exact sale prices, you can request the information via email from the listing source.
4. The home’s living area is noted as "below average" for the street. Should I be concerned?
This is a relative point. The living area is smaller than the average for the 14 homes on Canyon Ridge Cove, but it is still larger than the average home in both Linden Ridge and, more notably, across the entire city. It reflects a street with several very spacious homes, not an inherently small house.
5. How can I see how this property compares visually to its neighbours?
You can use the provided "Open neighbourhood map analysis" link. This tool allows you to see the property on a map alongside nearby houses, comparing metrics like year built, lot size, and living area directly.