Property Overview
34 Fall Ridge Road in Winnipeg’s Linden Ridge neighbourhood presents a well-proportioned family home built in 2004. With over 2,150 square feet of living space on an 8,000+ square foot lot, it offers room to grow. Its assessed value sits notably below the citywide average, which can signal different things: a potential value opportunity for a buyer or a property that may benefit from updates. The home last sold in the 2020-2022 period, providing a recent market reference point.
Key Characteristics & Appeal
This home’s primary appeal lies in its balance of space, era, and location. Built in 2004, it’s a modern-enough home without being brand new, likely offering practical layouts and materials common to that period. The lot size is generous compared to the Winnipeg average, providing good outdoor space in a mature neighbourhood.
Its appeal is nuanced. While its size and lot are above average citywide, they are more typical within Linden Ridge itself, meaning you’re getting a solid, standard home for that desirable area rather than a standout mansion. The assessed value being “below average” on its own street but “Elite” (top 4%) citywide is a fascinating detail. It suggests you could acquire a home with city-leading valuation metrics for a relatively lower entry point within this specific community.
This property would best suit pragmatic buyers who value neighbourhood character and space over a flashy, fully renovated show home. It’s ideal for a family looking for a move-in-ready foundation in a stable area, with the potential to increase value through personalization over time. It would also appeal to value-conscious buyers who understand that a lower assessment relative to immediate neighbours can sometimes create a more favourable property tax situation.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
The data suggests it’s competitively positioned. Its living area and lot size are on par with local averages, while its assessed value is below the street’s average. This could indicate a fair purchase price relative to nearby homes.
2. What does the sold price history tell us?
The home sold between $500k-$550k around 2020 and for $550k-$600k in 2017. This history provides a benchmark for its market value over the last decade, showing price stability within a range.
3. Why is the citywide assessed value ranking so high?
The “Elite” top 4% citywide ranking highlights a key point: Winnipeg has many older, smaller homes on smaller lots. A 2004-built home of this size on a large lot is statistically uncommon across the entire city, even if it’s more standard in Linden Ridge.
4. What is the Linden Ridge neighbourhood like?
Linden Ridge is a established, family-oriented neighbourhood in southwest Winnipeg. The proximity of similar homes on Fall Ridge Road, as seen in the nearby listings, indicates a consistent, quiet streetscape.
5. How can I find out the exact past sold prices?
The exact sale prices are not publicly displayed due to privacy regulations. As noted on the detail page, you can request this information by email from the service, which provides it manually without using your email for marketing.