This is a substantial and classic two-and-a-half storey home in Ridgedale, built in 1948. Its primary appeal lies in its generous scale and large lot. With over 4,500 square feet of living space and an 18,238 sqft property, it offers rare room to grow, entertain, or simply enjoy privacy. The home features a finished basement and an attached garage.
Its standout characteristic is its size, ranking in the top tier for both living area and lot dimensions within Winnipeg. This makes it a compelling option for buyers seeking a traditional family home with ample indoor and outdoor space in a well-established neighbourhood. The property would suit a buyer who values space over new construction, such as a multi-generational family, someone who enjoys gardening and outdoor living, or a purchaser looking for a home with inherent "good bones" and the potential to customize over time. It's a property for those who see the value in land and square footage, understanding that a home of this vintage may require updates to match modern tastes.
-
What should I know about a home built in 1948?
While built to last, a home of this age will likely have older systems (like plumbing, electrical, or the roof). A thorough inspection is essential to understand the condition and plan for any necessary updates or maintenance.
-
The lot is very large. What are the pros and cons?
The nearly half-acre lot is a major asset, offering exceptional privacy, space for recreation, and gardening potential. The trade-off is higher maintenance in terms of lawn care, landscaping, and snow removal, which should be factored into your plans and budget.
-
The home ranks very low for its "newness" in the area. Is this a concern?
This statistic highlights that the home is older than most in its immediate vicinity. This isn't inherently negative—it often contributes to the character and solid construction—but it underscores the importance of a professional inspection to assess its condition relative to more recently built neighbours.
-
How does the assessed value relate to the asking price?
The municipal assessment of $869,000 is a benchmark for property taxes, not a market price. The sale price will be determined by current market conditions, the home's updated features, and buyer demand for a property of this unique size and character.
-
What is the neighbourhood like?
Ridgedale is a mature, established neighbourhood in Winnipeg. The wide lot sizes and classic homes suggest a quiet, residential setting. Researching local schools, amenities, and traffic patterns would be a prudent next step to see if the community fits your lifestyle.