Property Summary: 41 William Marshall Way, Ridgedale, Winnipeg
Section 1: Key Characteristics & Appeal
This is a spacious, well-established single-family home in Winnipeg's Ridgedale neighborhood. Its primary appeal lies in its generous scale and mature lot. With nearly 2,500 sqft of finished living space, a fully developed basement, and an 8,126 sqft property, it offers significant room for a growing family or those who value space for hobbies, entertaining, or simply having room to breathe. The home’s value is underscored by its assessment, which ranks in the top 2% city-wide.
The property suits buyers looking for a move-in-ready home with classic, functional space rather than a new-build or a fixer-upper. Its strong city-wide rankings for both lot size and living area suggest a property that feels private and substantial—a notable find for the price point. A thoughtful perspective for this 1993-built home is its established setting: the mature landscaping and neighborhood offer a settled, tranquil environment that newer subdivisions often take years to achieve. It’s an ideal fit for a family seeking a balance of indoor and outdoor space in a quiet, well-rooted community.
Section 2: Frequently Asked Questions
1. How does the home’s age (built in 1993) factor into its condition and potential costs?
While well-maintained, a home of this age is likely approaching or within the window for updates to major systems like the roof, HVAC, or windows. A thorough inspection is advised, but this also means the home avoids the premium price of a new construction while offering more character and established grounds.
2. The community ranking seems lower than the city-wide ones. What does that indicate?
The home ranks in the top third within Ridgedale for size, but the overall community ranking reflects that Ridgedale itself is an established area with many larger, valuable homes. Essentially, you're buying into a desirable neighborhood where this property holds its own, rather than standing out as an anomaly.
3. What is the practical benefit of such a large lot (over 8,000 sqft)?
Beyond simple privacy, a lot of this size provides ample space for gardening, adding a deck or patio, installing a play structure, or even future additions like a shed or workshop. It’s a key feature for anyone who views their yard as usable living space.
4. The home has a fully finished basement. Is this included in the listed living area?
Typically, yes. The 2,482 sqft living area figure generally includes all finished above-grade and below-grade space, making the home’s total usable footprint quite substantial and contributing to its high ranking for space in Winnipeg.
5. What might explain the strong assessed value relative to the purchase price?
A high assessment ranking often indicates a property with premium attributes (like lot size and finished area) compared to the broader market. It can signal strong underlying value and potential for equity, but the final market price is always determined by what a buyer is willing to pay.