Property Overview: 37 William Marshall Way
Key Features & Buyer Appeal
This 1995-built, one-storey home in Ridgedale offers a practical and spacious layout on a large, 7,587 sqft lot. Its key characteristics include nearly 1,900 sqft of living space, a finished basement, and an attached garage. The appeal lies in its generous scale and established setting, providing ample room for family life or comfortable long-term living.
The property’s standout strength is its significant lot size, which ranks highly within Winnipeg and offers substantial outdoor potential. While the home's interior square footage is above average for the city, it presents an opportunity for modernization to match its premium land value. This home would best suit buyers who prioritize space over newness—those looking for a solid, single-level floorplan with a large yard, and who are potentially prepared to invest in updates over time. It’s a property where the land is a leading asset, appealing to someone with a vision for both indoor and outdoor living.
Frequently Asked Questions
1. What is the true condition of the home given its age?
Built in 1995, the home is well into its lifecycle. Buyers should anticipate standard maintenance and potential updates to roofing, major systems, and interior finishes to align with modern expectations.
2. How does the finished basement add value?
The finished basement expands the usable living area, ideal for a recreation room, home office, or additional bedrooms. It’s a functional asset, but its value will depend on the quality and current condition of the finishings.
3. Why is the lot size considered a major advantage?
At over 7,500 sqft, the lot is larger than 87% of properties in Winnipeg. This provides exceptional privacy, space for gardening, play, or future additions like a deck or shed, which is increasingly rare in established neighborhoods.
4. What do the ranking percentages mean for resale?
The rankings compare this property to others on its street, in Ridgedale, and across Winnipeg. For example, ranking "in the top 13%" for lot size city-wide is a strong selling point. Conversely, lower rankings in some categories for the immediate area highlight a more mature home among potentially newer ones.
5. Is the assessed value a reliable indicator of the selling price?
The municipal assessment of $741,000 is a benchmark for property taxes, not a market price. It indicates the home is valued highly by the assessor, but the final sale price will be determined by current market conditions, buyer demand, and the home’s presented condition.