Property Overview & Key Characteristics
This 1978-built, one-storey home in Ridgedale offers a rare combination of generous land and solid value. Its primary appeal lies in its expansive 13,126 sqft lot, which places it in the top 3% of all properties in Winnipeg for size, providing exceptional outdoor space and privacy in a mature neighbourhood. The 1,568 sqft living area is above average for its street and the city overall, and it features a finished basement and an attached garage.
The property suits buyers looking for a long-term family home with room to grow, garden, or entertain outdoors. It also appeals to those seeking a value-conscious entry into a desirable area, where the land itself represents a significant and appreciating asset. A thoughtful perspective is that while the home is from the late 70s, its above-average rankings for both size and assessed value on its street suggest it is a well-regarded and substantial property within its immediate context, not just a large lot with an average house.
Frequently Asked Questions
1. What does the "ranking" data mean?
The rankings compare this property against others on the same street, in Ridgedale, and across all of Winnipeg. For example, being in the "top 3%" for lot size city-wide highlights the exceptional scale of the land, while other rankings show how its living space and assessed value measure up locally.
2. Is the lot size a potential for future subdivision or development?
This would require investigation with the City of Winnipeg's planning department. While the lot is very large by city standards, local zoning bylaws and community plans will determine if subdivision is a possibility.
3. What are the implications of the home's age (48 years)?
A home of this age will likely have had major components updated. A key focus for a buyer should be verifying the condition and age of core systems like the roof, windows, plumbing, and electrical, which may be due for maintenance or replacement.
4. The home ranks higher for size than for assessed value in its community. What does this indicate?
This can suggest the assessed value is conservative relative to the physical asset, or it may reflect the interior condition or specific features compared to other homes in Ridgedale. It underscores the importance of viewing the property to understand its full context.
5. What is the neighbourhood character of Ridgedale?
Ridgedale is a mature, established neighbourhood with large lots and a mix of home styles and eras. The high lot-size ranking of this property is consistent with the area's character, offering a more suburban feel within the city.