Property Overview
This 1976-built, four-level split home in Winnipeg's Ridgedale neighborhood offers a unique blend of space, privacy, and established charm. Its primary appeal lies in its exceptionally large, nearly 11,000 sqft lot, which provides a rare sense of openness and potential within the city. The home itself is spacious at 2,940 sqft of living area, ranking it among the top tier of Winnipeg homes for size. It features a finished basement and the added luxury of a private swimming pool. The property's high city-wide rankings for lot size, living area, and assessed value indicate a solid, above-average offering.
It would particularly suit buyers who prioritize outdoor space for family living, gardening, or entertaining over a modern, turn-key interior. The home is a project-ready canvas, ideal for those looking to put their own stamp on a property with a very strong foundational value. The absence of a garage is a trade-off for the expansive yard, appealing to those who value land over covered parking.
Key Details & Considerations
- Key Characteristics: 4-level split home on a 10,619 sqft lot, 2,940 sqft of living space, finished basement, in-ground swimming pool. No garage.
- Primary Appeal: Uncommon lot size offering privacy and potential; spacious interior; established, quiet neighborhood.
- Ideal Buyer: Value-driven buyers seeking space to grow into, who are comfortable with a home from the 1970s and see potential in its upkeep and updates.
Frequently Asked Questions
1. What is the true significance of the property's high rankings?
The rankings show this property excels in key metrics relative to others. Being in the top 5% of Winnipeg for lot size and top 1% for living area means it offers something increasingly rare: ample space. This typically supports long-term value and livability.
2. What should I consider with a 50-year-old home?
While the structure has proven durable, a focused inspection of major 50-year-old systems is crucial. Pay special attention to the original roof, plumbing, electrical wiring, and the foundation. The condition of the swimming pool equipment and lining will also be a key factor.
3. How might the lack of a garage affect daily life and value?
This is a practical consideration for our climate. You'll need to budget for alternative parking solutions and factor in winter vehicle warming. However, for some buyers, the land allocated to a massive yard instead of a garage is a worthwhile exchange, offering space that a garage cannot.
4. The lot is large, but is it usable?
A lot of this size is a significant asset. Beyond the pool area, it allows for possibilities like expansive gardens, a play structure, a future shed or workshop, or simply generous buffer space from neighbors. Verify any zoning or community bylaws regarding future additions.
5. Why is the assessed value useful context?
The municipal assessment of $666,000 provides an independent, tax-based valuation benchmark from a specific point in time. It's a solid data point that confirms the property is in a higher-value tier, but the market price will reflect current condition, updates, and buyer demand.