Property Overview
This two-storey home in Ridgedale presents a compelling blend of generous space and established character. Its primary appeal lies in its exceptionally large, 20,094 sqft lot and substantial 3,318 sqft of living space, placing it in the top tier of Winnipeg homes for size. The property features a finished basement and an attached garage. Built in 1970, it offers a canvas for updates while providing mature landscaping and a settled neighborhood feel. Its standout rankings—particularly being larger than 99% of Winnipeg homes—make it a rare find for buyers seeking room to breathe, entertain, or expand.
This home would best suit buyers who prioritize land size and interior square footage over a brand-new build. It’s ideal for a growing or multi-generational family needing ample bedrooms and living areas, or for someone looking for a property with long-term potential where value is anchored in its expansive lot. It also appeals to those comfortable with the character of a 1970s home and the possibility of personalizing or modernizing it over time.
Frequently Asked Questions
1. What does the "finished basement" include?
The listing confirms a finished basement but does not specify the details. Prospective buyers should inquire about the layout, ceiling height, legal egress, and the quality of finishes to understand if it’s a casual rec room or includes proper living spaces.
2. How does the 1970 build year affect the home?
While the home ranks newer than nearly half of Winnipeg's housing stock, a 1970 build means key systems (like roof, windows, plumbing, and electrical) may be at or beyond their typical lifespan. A thorough inspection is crucial to budget for potential updates, though the structure itself is well-established.
3. The lot is huge. What are the possibilities and responsibilities?
The nearly half-acre lot offers exceptional privacy, space for gardens, pools, or additions. However, it also means higher maintenance (lawn care, landscaping) and potentially higher utility costs for outdoor water use or snow clearing.
4. The value rankings are very high. What does this mean practically?
Ranking in the 99th percentile for size and assessed value in Winnipeg means this property is a significant asset in a coveted category. It suggests strong intrinsic value based on its scarce attributes, but it also likely places it in a higher property tax bracket.
5. Who are the typical neighbors in Ridgedale?
Ranking in the top 19% for lot size within the Ridgedale community itself indicates this is among the larger properties in the area. This suggests a neighborhood of established, likely single-family homes, offering stability and a sense of space even within the community context.