Property Overview & Key Characteristics
This is a spacious, well-established two-storey home in Winnipeg's Ridgedale neighbourhood. Built in 1998, it sits on a large 8,250 sqft lot and offers 2,345 sqft of living space, including a finished basement. Key features include an attached garage and no pool. The home's standout appeal lies in its combination of generous proportions and a mature setting. Its lot size, living area, and assessed value all rank within the top 10% of Winnipeg, indicating a property that offers above-average space and perceived value for the city. The neighbourhood rankings suggest a quiet, settled street that isn't necessarily the most premium in the area, which can be an advantage for buyers seeking space without a premium address price tag.
It would particularly suit buyers looking for a move-in ready family home with room to grow, both indoors and outdoors. The finished basement adds immediate functional space. The appeal is practical and grounded—it's for those who prioritize square footage, a large yard, and a home that has stood the test of time over brand-new construction. A thoughtful perspective is that a home from this era often balances modern layouts with construction methods and material quality from a specific period that some buyers find preferable.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate street, wider community, and all of Winnipeg. For example, ranking in the top 10% in Winnipeg for lot size means 90% of city homes sit on smaller lots. It's a quick way to gauge its relative strengths.
2. The home is 28 years old. What should I consider?
A home of this age is likely past its major initial settling phase but will require attention to components nearing the end of their lifespan. A thorough inspection should focus on the roof, original windows, HVAC system, and major appliances to plan for upcoming maintenance or updates.
3. How does the assessed value relate to the asking price?
The municipal assessment of $760,000 is for tax purposes and reflects a market valuation from a prior date. It's a useful data point that confirms the home is in a higher value tier, but the final sale price is determined by current market conditions and may differ.
4. The community ranking is lower than the city-wide ranking. Why?
This indicates that while the home itself is very spacious and valuable compared to all of Winnipeg, the Ridgedale neighbourhood may contain a mix of even larger or higher-value properties. It suggests you're getting a strong individual property within a desirable community.
5. Is the finished basement included in the 2,345 sqft living area?
Typically, municipal living area (sqft) calculations in Winnipeg do not include below-grade space, even if finished. The 2,345 sqft likely refers to above-ground living space only. The finished basement is a separate, valuable addition to that total usable area.