Property Overview
This 1978-built bungalow in Ridgedale presents a compelling opportunity for buyers seeking space, privacy, and established charm. Its primary appeal lies in its generous, nearly 12,000 sqft lot, which places it in the top tier of property sizes citywide and offers significant room for gardens, recreation, or expansion. The home features a finished basement, an in-ground pool, and a single attached garage. With 1,580 sqft of living space, it ranks above average for size within its immediate area.
The property suits buyers looking for a long-term family home with ample outdoor space in a mature neighbourhood. Its high city-wide rankings for lot size and assessed value suggest a solid, premium parcel of land. It would particularly appeal to those who value a private backyard oasis with a pool, or to visionaries who see potential in the substantial lot for future updates or additions. A less obvious perspective is that a home of this vintage on such a large lot offers a rare balance of affordability relative to land value, providing a canvas for personalization that is often unavailable in newer subdivisions.
Frequently Asked Questions
1. What is the neighbourhood like?
Ridgedale is a well-established, mature neighbourhood in Winnipeg. The property's rankings show it is among the larger and more valuable homes within the community, suggesting a streetscape of varied, settled properties.
2. Is the pool a major factor in maintenance?
Yes. An in-ground pool from a home built in the 1970s requires dedicated seasonal upkeep, winterization, and associated utility costs. It is a premier feature for summer enjoyment but represents a recurring commitment and expense.
3. How does the age of the home affect things?
Built in 1978, major components like the roof, windows, plumbing, and electrical systems may be nearing or due for updates. A thorough inspection is essential to understand the condition and modernize where needed, though the home offers the character and space of an older property.
4. Why are the city-wide rankings for lot size and value so high compared to the neighbourhood rankings?
This highlights a key feature: the lot is exceptionally large for Winnipeg overall, but more common among homes in Ridgedale. This indicates you are buying into a neighbourhood known for spacious properties, with this one being a strong example within that context.
5. What is the potential here for future renovation or expansion?
The bungalow style and the vast lot present clear potential for additions, a garage expansion, or a significant landscape overhaul. The existing finished basement also adds flexible living space. The value is anchored in the land, offering room to grow into your ideal home over time.