Property Overview: 32 Fairway Place
Section 1: Key Characteristics & Appeal
This well-situated Ridgedale home is a classic, spacious bungalow on a large, mature lot. Its key characteristics include nearly 2,000 sqft of finished living space, a fully developed basement, and an attached garage. Built in 1976, the home offers established charm and generous room proportions.
The primary appeal lies in its exceptional combination of space, location, and value. The property ranks in the top 10% of Winnipeg for living area and in the top 4% for municipal assessment value, indicating a substantial home on a desirable lot. Its appeal is for buyers seeking a "move-in ready" bungalow with room to grow, without the premium of a brand-new build. It would particularly suit downsizers looking for single-level living without sacrificing space, or families who value large interior rooms and a sizable, private yard over a brand-new construction. A thoughtful perspective is that a 50-year-old home in this ranking position often suggests previous updates and solid construction, offering a balance between character and modern livability.
Section 2: Frequently Asked Questions
1. What is the significance of the municipal assessment?
The assessment of $684,000 is a key indicator of the city's valuation for tax purposes and often reflects the property's underlying value based on lot size, location, and building metrics. Ranking higher than 96% of Winnipeg homes suggests a very strong foundational value.
2. Are there any concerns with a home built in 1976?
While the structure is proven, a home of this age will have aging components. A thorough inspection is crucial to assess the condition of major systems like roof, windows, plumbing, and electrical, which may be original or partially updated.
3. What does the lot size offer?
At nearly 9,500 sqft, the lot is significantly larger than average. This provides ample outdoor space for gardening, recreation, and privacy—a feature increasingly rare in newer subdivisions.
4. How should we interpret the neighborhood rankings?
The home ranks higher city-wide than within its immediate community. This suggests it's a larger, more valuable property within Ridgedale, potentially offering more space and value compared to neighbors, but the overall neighborhood is established and mature.
5. What is the potential here?
The combination of a large lot and a fully developed bungalow presents a stable, long-term family home. Future potential could include interior modernization to suit personal taste, or the possibility of enjoying the large yard as-is—a valuable asset for those who appreciate established gardens and outdoor space.