Property Overview & Key Characteristics
This spacious two-storey home in Ridgedale offers a well-established family footprint on a large, private lot. Built in 1993, its primary appeal lies in its generous proportions—both the 2,307 sqft living area and the 9,463 sqft lot size rank in the top tier for Winnipeg, providing ample room indoors and out. The home features a finished basement and an attached garage. Its value proposition is underscored by strong city-wide rankings; it sits in the top 7% of Winnipeg for lot size and the top 4% for living area, suggesting a property that is increasingly rare in the market.
The appeal is for buyers seeking space and privacy without moving to the distant suburbs. It suits a growing family that values large yards and established neighborhoods, or perhaps someone looking for a property with the physical capacity for additions or landscaping projects. A less obvious perspective is its potential for an energy-conscious buyer: a home of this age may present an opportunity to modernize systems (like windows, insulation, or HVAC) to current efficiency standards, adding comfort and value to an already solid structure. It’s a home for those who see the underlying asset in the land and square footage, and are prepared for the maintenance or updates that come with a 30-year-old property.
Frequently Asked Questions
1. How does the 1993 build year affect the home?
While well-maintained, buyers should budget for updates consistent with a home of this age, such as roofing, major appliances, or interior finishes. The core systems are likely original, so an inspection is crucial.
2. What do the ranking percentages actually mean?
They show how this property compares to others. For example, "in Winnipeg超越96%的其它房屋" for living area means only 4% of Winnipeg homes are larger. It’s a quick way to gauge the rarity of its key features.
3. The 2017 sale price was $710,000. Why is the assessed value now $793,000?
The assessed value reflects the municipal government's valuation for tax purposes, influenced by market trends and improvements. It is not a direct market price but indicates significant appreciation since the last sale.
4. Is the finished basement included in the 2,307 sqft living area?
Typically, municipal living area (sqft) refers to above-grade space. The finished basement is an additional bonus area, adding functional space not reflected in that primary square footage figure.
5. The lot is large, but what is the neighborhood like?
Ridgedale is an established, mature community. The rankings show this home's lot is larger than 64% on its street and 93% in Winnipeg, suggesting a premium, private setting within the area. It offers a quiet, settled environment close to city amenities.