Property Summary: 231 Laurel Ridge Drive
Section 1: Key Characteristics & Appeal
This home at 231 Laurel Ridge Drive in Linden Ridge presents a compelling blend of space, modern comfort, and established value. Built in 2004, it offers a generous 2,486 sqft of living area, which ranks in the top 11% of homes on its own street and an elite top 3% citywide. The lot size of 7,497 sqft is also notably above average for the immediate area, providing ample outdoor space.
The primary appeal lies in its strong, data-backed standing within a desirable neighbourhood. Its assessed value and recent sold prices consistently perform in the top tiers compared to local and city-wide benchmarks, suggesting a well-regarded property in a stable area. The home suits buyers looking for a move-in ready, spacious family home in a mature, established setting without the unknowns of an older build. It’s particularly suited for those who value quantifiable metrics—seeing that the home outperforms most peers in size and value can offer confidence. A less obvious perspective is that its "above average but not extreme" rankings on its own street indicate it fits harmoniously within a consistent, quality streetscape, avoiding the risk of being over-improved or underwhelming relative to its neighbours.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it consistently outperforms averages. Its living space is larger than 89% of similar Winnipeg homes, and its assessed value is higher than 97% of properties citywide. On its own street in Linden Ridge, it ranks in the top 10-15% for both size and value.
2. What is the exact recent sale price?
Public records show sold price ranges: approximately $800k-$850k in 2023, $650k-$700k in 2022, and $600k-$650k in 2020. The listing service offers to provide the exact sale prices via email upon request.
3. Is the 2004 build date a concern?
A 2004 build means major components like the roof, windows, and HVAC systems are likely approaching or within their typical replacement window. This isn't unusual, but a thorough inspection is advised. Positively, it places the home in a newer cohort compared to the Winnipeg city-wide average build year of 1966.
4. How stable is the property’s value?
The sold price history shows significant appreciation between 2020 and 2023. While past performance doesn't guarantee future results, its consistent "above average" and "elite" rankings across metrics suggest a history of strong market positioning.
5. What are the neighbours like?
The nearby properties on Laurel Ridge and Fall Ridge Road are very close in proximity (18-43 meters), typical of suburban subdivisions. The similar assessed values of nearby homes suggest a neighbourhood of comparable quality and market perception, which can be positive for maintaining uniform streetscape appeal.