Property Summary: 61 Lannoo Drive, Ridgedale, Winnipeg
Section 1: Key Characteristics & Appeal
This is a spacious, single-family home on a large, mature lot in Winnipeg's Ridgedale neighborhood. Its primary appeal lies in its generous scale and established setting. With over 3,200 sqft of finished living space, including a developed basement, and a quarter-acre lot (approx. 11,300 sqft), it offers significant room for family living, entertaining, or hobbies. The home is a 1994-built bungalow, offering single-level living potential, and features an attached garage.
The property’s standout feature is its size relative to the broader market. It ranks in the top 1% of Winnipeg homes for both living area and assessed value, indicating a property that is substantially larger and more valuable than the typical city home. However, within its own established community, it presents as a premier but not outlier property, offering a balance of prestige and neighborhood fit.
This home would best suit buyers looking for established space without a new-build price tag. It’s ideal for multi-generational families, those who work from home and need dedicated office space, or anyone who values expansive indoor and outdoor room for hobbies, gardening, or privacy. The single-story layout (with finished basement) is also a strong point for those planning for long-term accessibility.
Section 2: Frequently Asked Questions
1. What is the neighborhood like?
Ridgedale is a mature, established neighborhood in Winnipeg. The property's rankings show it is larger and newer than many homes in the immediate area, suggesting a mix of well-kept older homes and substantial properties like this one.
2. Is the basement included in the 3,265 sqft living area?
Typically, "living area" refers to above-grade, finished space. The listing specifies a finished basement separately, meaning the total usable space is significantly greater than the 3,265 sqft figure alone.
3. How does the assessment value relate to the asking price?
The municipal assessment of $1.035 million is a tax valuation from a prior point in time and serves as a useful benchmark. Market conditions, recent upgrades, and specific buyer demand will ultimately determine the sale price, which may differ from this assessed value.
4. What does the ranking data actually mean?
The rankings compare this home to others on its street, in Ridgedale, and across all of Winnipeg. For example, being in the top 1% city-wide for size means it is among the largest homes in Winnipeg, but being in the top 8% within Ridgedale shows there are still a number of comparable large properties in this specific community.
5. Are there any concerns with a 1994-built home?
Homes from this era are generally modern in their core systems but will be due for proactive maintenance and potential updates to roofing, major appliances, and interior finishes (like kitchens or bathrooms) based on their original condition and prior upkeep. A thorough inspection is always recommended.