Property Overview & Appeal
210 Laurel Ridge Drive is a well-situated family home in Winnipeg's Linden Ridge neighbourhood. Its key appeal lies in a combination of generous outdoor space and a modern build, set within a context of strong value. The 8,262 sqft lot is notably larger than most in the immediate area and citywide, offering ample room for gardening, play, or expansion. Built in 2005, the home is newer than the vast majority of Winnipeg houses, suggesting contemporary construction standards and potentially lower immediate maintenance needs. While its living area (1,678 sqft) is modest for Linden Ridge, it is above the citywide average, positioning it as a comfortable, efficient layout rather than an oversized one.
The property’s assessed value stands out, ranking in the top 4% citywide. This indicates a high municipal valuation relative to most Winnipeg homes, often a marker of a desirable location or property characteristics. It last sold in the $650k-$700k range in 2021. This home would best suit buyers who prioritize lot size and a newer build over sheer interior square footage. It's ideal for a growing family seeking backyard space in a mature neighbourhood, or for value-conscious buyers looking for a home with modern fundamentals in a solid community setting.
Frequently Asked Questions
Q: The living area seems smaller than others on the street. Is it a concern?
A: The home's living area is below the average for Laurel Ridge Drive and Linden Ridge. This suggests efficient use of space rather than expansiveness. For buyers who value larger rooms or need multiple dedicated areas, it's a key consideration. However, its layout and flow will ultimately determine if the space meets your needs.
Q: What does the "Elite" citywide ranking for Assessed Value really mean?
A: Ranking in the top 4% of Winnipeg for assessed value means the city's property assessment is significantly higher than that of 96% of homes. This typically reflects desirable attributes—like its large lot and newer age—and can influence both property taxes and perceived market value.
Q: The lot is large, but how does it compare practically?
A: At over 8,200 sqft, the lot is about 19% larger than the average on its street and 26% larger than the Winnipeg average. This translates to substantial extra outdoor space for privacy, recreation, or future projects like a deck, shed, or pool.
Q: The home was built in 2005. What are the pros and cons of this age?
A: A 2005 build benefits from modern building codes, materials, and likely more efficient systems (like HVAC and wiring) than older homes. It's past the initial "shakedown" period for new construction flaws but is still relatively young, potentially deferring major repairs like roof or window replacements for some time.
Q: How stable is the value in this area based on the data?
A: The 2021 sale price and current high assessment suggest the property holds its value in a broader city context. Its characteristics—large lot, newer build—are consistently desirable. However, its value within the immediate neighbourhood is more average, indicating its appeal is balanced between local and city-wide factors.