Property Overview: 148 McQuaker Drive
This well-established Ridgedale home presents a classic and practical living opportunity. Built in 1968, it is a spacious one-storey bungalow situated on a large, approximately 9,670 sqft lot. The home features 1,399 sqft of living space, a finished basement, and an attached garage. Its recent sale in June 2024 for $450,000 aligns closely with its municipal assessment.
Key Characteristics & Appeal
The primary appeal of this property lies in its generous lot size and solid, single-level layout, which are increasingly sought-after in mature neighbourhoods. The large yard offers significant outdoor space for gardening, recreation, or future expansion. As a bungalow with a finished basement, it provides flexible living arrangements suitable for growing families, multi-generational living, or those planning for long-term accessibility. Its strong city-wide ranking for lot size (top 7%) highlights a key competitive advantage that is difficult to replicate in newer subdivisions.
This home is ideally suited for buyers who value space over flashy updates—those looking for a solid foundation in a quiet neighbourhood, willing to personalize the interior over time. It’s a practical choice for families seeking room to grow outdoors or for downsizers who want main-floor living but aren’t ready to compromise on yard space. The recent resale also indicates a stable, market-validated value, appealing to cautious investors or owner-occupants.
Frequently Asked Questions
1. What is the neighbourhood like?
Ridgedale is a mature, established community in Winnipeg. It typically offers a mix of classic bungalows and two-storey homes, with quiet streets and well-sized lots, appealing to those seeking a settled, residential feel.
2. Is the basement a legal suite?
The listing notes a finished basement but does not specify it as a legal secondary suite. Buyers should verify its configuration and compliance with local regulations if considering rental income potential.
3. What does the lot size ranking mean?
The data shows this property’s lot size is larger than 93% of all residential lots in Winnipeg. This is a standout feature, suggesting more privacy and outdoor space than most homes in the city.
4. How does the age of the home affect things?
Built in 1968, the home may have original components, like windows, roof, or mechanical systems, that could require inspection, updating, or maintenance. However, this era of home is often known for its sturdy construction and spacious room layouts.
5. Why did it sell so quickly after its last sale?
The home was resold shortly after its June 2024 purchase. While specific reasons aren't provided, such situations can arise from changes in a buyer's circumstances, investment strategies, or desirable properties becoming available. A title search and disclosure from the seller would be needed for clarity.