Property Overview
This two-storey home in Ridgedale is defined by its generous, private lot and solid, established presence. Its primary appeal lies in the rare combination of a large, 11,469 sqft property within the city—a feature that outperforms 96% of Winnipeg homes—and a fully finished basement, adding significant functional space to the 1,911 sqft footprint. Built in 1968, the home suits buyers looking for a canvas; it’s ideal for those who value outdoor potential and space over turn-key modernity. The recent sale history suggests a value opportunity for a buyer willing to invest in updates, making it a strong match for a hands-on homeowner, a growing family seeking room to expand, or someone prioritizing land size and privacy in a mature neighborhood.
Key Questions for Consideration
1. What does the "fully finished basement" include, and what is its condition?
Given the home's age, it's important to clarify the finish level, ceiling height, and whether any updates or moisture-proofing have been done to ensure it's a comfortable, dry living space.
2. How does the large lot impact maintenance and utility costs?
A property of this size requires more time and resources for lawn care, gardening, and snow removal. Potential buyers should budget for larger equipment or service fees.
3. The home ranks highly for land value but lower for building age. What might need immediate attention?
While the structure is sound, a 1968 build likely has original or older major systems (like roof, windows, plumbing, or electrical). An inspection is crucial to prioritize updates.
4. The recent sale price is below the assessed value. What does this indicate?
This can signal a motivated seller or reflect the cost of necessary updates not captured in the assessment. It represents a potential entry point but warrants due diligence.
5. What is the character of the Ridgedale neighborhood?
Prospective buyers should visit at different times to gauge traffic, neighbor interactions, and overall upkeep of nearby properties to see if the community feel matches their lifestyle.