Property Overview & Key Characteristics
58 Powder Ridge Drive is a well-established, spacious family home in Winnipeg's Linden Ridge neighbourhood. Built in 2005, its key appeal lies in its generous proportions relative to much of the city's housing stock. With nearly 2,000 square feet of living space on a large 8,000+ sqft lot, it offers significant room both inside and out. The data presents an interesting value perspective: while its assessed value is below average for its immediate street and neighbourhood, it ranks well above average city-wide. This suggests you get more house and land for your dollar here compared to many other areas of Winnipeg. The home last sold in the $450k-$500k range in 2019.
Its appeal is grounded in space, a mature neighbourhood setting, and a modern-enough build that avoids the maintenance concerns of much older properties. It would suit buyers looking for a classic, roomy suburban home without venturing to the newest, outer-edge subdivisions. It’s ideal for a growing family that values indoor and outdoor space, or for someone seeking a established community where the property itself offers more substance than flash.
Frequently Asked Questions
1. How does this home’s value compare to others?
Its assessed value of $640k is actually below the average for both Powder Ridge Drive and the wider Linden Ridge area. However, compared to the entire city, it ranks in the top 6%, meaning you get a property that is larger and more valuable than most in Winnipeg, potentially offering good value within its own desirable neighbourhood.
2. Is the lot size usable?
At over 8,000 square feet, the lot is significantly larger than the Winnipeg city average (~6,570 sqft). This allows ample space for gardening, play structures, patios, and future additions like a shed or deck.
3. What does the "above average city-wide" ranking mean for living space?
With 1,958 sqft, this home's living area is larger than roughly 88% of all homes in Winnipeg. This is a key advantage, indicating substantial room for families, home offices, or entertaining that can be harder to find in older, central neighbourhoods.
4. The home sold in 2019. What can that tell us?
The previous sale in the $450k-$500k range provides a market-based price point from a few years ago. Comparing this to the current assessed value can help gauge market trends and the owner's equity, but an exact, current market value requires a professional appraisal or comparative market analysis.
5. What is the neighbourhood like for a 2005-built home?
Linden Ridge features many homes from a similar era. A 2005 build places this property as newer than most in the city (top 15%) and slightly above average for the neighbourhood itself. You benefit from modern construction standards while being in a settled community with mature landscaping, not a brand-new development.