Property Overview: 4 Tangle Ridge Crescent, Linden Ridge
Key Characteristics & Appeal
This 2005-built, two-storey home in Linden Ridge offers a balanced and spacious family layout with approximately 1,958 sqft of living space. Its primary appeal lies in its strong city-wide value proposition. While the home is fairly typical for its immediate street and neighbourhood in terms of size, assessed value, and lot (just over 8,000 sqft), it stands out significantly when viewed across all of Winnipeg. It ranks in the top 12% for living area and an elite top 3% for assessed value city-wide, indicating you get substantially more house for your tax assessment dollar compared to the Winnipeg average. The home is modern enough to avoid major immediate renovations but has been lived in, offering a turn-key opportunity without the premium of a brand-new build.
This property would suit practical, value-conscious buyers looking for established neighbourhood amenities and generous space without a central-city price tag. It’s ideal for a growing family seeking a move-in ready home with room to grow, or for those who prioritize getting more square footage and land for their investment. The strong city-wide rankings suggest it’s a sensible, grounded choice in the market.
Frequently Asked Questions
1. How does the assessed value compare to the likely market price?
The assessed value is $75,500, which is used for calculating property taxes. The last sold price in 2022 was between $850,000-$900,000. Market value is determined by recent sales of comparable homes, not the municipal assessment.
2. Is the home due for any major updates or repairs?
Built in 2005, major components like the roof, windows, and HVAC system are potentially approaching the end of their typical lifespans (20-25 years). A thorough inspection is advised to budget for any upcoming capital expenditures.
3. What does ranking in the "top 3% city-wide for assessed value" actually mean?
It means that for its assessed value of $75,500, the home's size and features are exceptional compared to most Winnipeg properties. Essentially, the city assesses it at a relatively low value, but you receive a home that is much larger and on a bigger lot than what is typical for that assessment bracket, which can be a tax efficiency advantage.
4. How does the lot size compare?
At 8,183 sqft, the lot is above average for both Winnipeg and the Linden Ridge area, providing good outdoor space. It ranks in the top 30% within the neighbourhood and top 11% city-wide.
5. How can I get the exact historical sold price?
The exact sold price is not publicly listed. The listing service offers to provide it manually via email upon request, with a same-day turnaround, and states they will not use your email for unsolicited marketing.