Property Overview: 70 Laurel Ridge Drive, Linden Ridge
Key Characteristics & Appeal
This well-situated home in Linden Ridge presents a compelling blend of space, value, and established neighbourhood character. Built in 2004, the 1,883 sqft residence sits on a notably generous 7,890 sqft lot, offering more outdoor space than most properties on its street and across Winnipeg. Its recent sale history indicates strong and steady appreciation.
The appeal lies in its balanced profile. It’s not an outlier in any single category but performs solidly above average in key areas like lot size and assessed value when viewed city-wide. This suggests a property that offers more substance than might be immediately apparent—a home with room to grow, in a mature area, that has already proven to be a sound financial investment. It would suit buyers looking for a established, family-friendly community without sacrificing yard space, and who appreciate a home that holds its value well relative to both the immediate area and the broader market.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The assessed value is above average for Laurel Ridge Drive itself, ranking in the top 26% on the street. This indicates it is viewed as a higher-value property within its immediate peer group.
2. Is the lot size a significant feature?
Yes. The land area is a standout, ranking in the top 14% on the street. This larger-than-average lot is a key differentiator, offering more privacy and potential for outdoor living than many nearby homes.
3. What does the sale history tell us?
The home sold in 2021 and again in 2024, with the sale price progressing from the top 6% to the top 2% of the city-wide market in that time. This trajectory demonstrates robust value growth in recent years.
4. How does it fit within the broader Linden Ridge area?
Within the Linden Ridge neighbourhood, the home is generally around average in terms of living area, year built, and value. Its primary advantages become clearer when compared to the street it’s on or the city as a whole.
5. Where can I see more detailed local comparisons?
You can explore an interactive neighbourhood analysis map to see this property in direct geographic context with nearby homes, comparing details like year built, lot size, and assessed value.