Property Summary: 136 McQuaker Drive, Ridgedale, Winnipeg
Section 1: Key Characteristics & Appeal
This 1968-built, one-storey bungalow sits on a large, approximately 9,668 sqft lot in Winnipeg's Ridgedale neighbourhood. Its key features include 1,426 sqft of living space, a finished basement, and an attached garage. The home’s primary appeal lies in its exceptional lot size, which is larger than 93% of properties in Winnipeg, offering significant outdoor space and potential in a mature, established community. The finished basement adds valuable functional space to the overall footprint.
This property is well-suited for buyers seeking a solid, single-level living option with room to grow outdoors. It would particularly appeal to those who value space over newness, as the generous yard provides room for gardening, recreation, or future expansion. The data suggests a home that is competitively positioned within the broader Winnipeg market for lot size and assessed value, but is more average within its immediate neighbourhood. It represents an opportunity to own a property with above-city-average land in a quiet area, ideal for a buyer comfortable with a home of this vintage and looking to put their own stamp on it, whether through updates, landscaping, or simply enjoying the established setting.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others?
The lot is a major standout, ranking larger than 93% of all residential properties in Winnipeg. Within the Ridgedale neighbourhood, it surpasses 66% of homes, making it a significantly spacious parcel for the area.
2. What is the condition of the home given its age?
Built in 1968, the home is 58 years old. Its rankings for age show it is newer than only 18% of homes in Ridgedale, indicating it is among the older homes in the immediate community. Prospective buyers should budget for updates consistent with a home of this era.
3. Has the property value increased?
Based on the available transaction data, the home was purchased for $394,000 in July 2019. The current total assessed value is $472,000. This indicates market growth, though the assessed value is an estimate for taxation purposes and not a guarantee of sale price.
4. How does it rank for living space?
With 1,426 sqft of living space, it offers more room than 68% of Winnipeg homes. However, within its own street and Ridgedale community, it ranks in the lower 20-30%, meaning the interior space is more typical or slightly below average for the specific local area.
5. What do the rankings mean for competitiveness?
The rankings paint a picture of a property with city-wide appeal due to its large lot and above-average assessed value, but one that faces more direct competition on factors like age and living space within its own neighbourhood. Its strengths are more pronounced when compared to the entire city rather than just its immediate surroundings.