Property Overview: 65 Ridgedale Crescent
Key Characteristics & Appeal
This is a substantial, classic two-storey home in Winnipeg's Ridgedale area, built in 1953. Its primary appeal lies in its exceptional space and land. The property sits on a remarkably large, mature lot of over 31,000 sq ft—a rare find that places it in the top 1% for land size in Winnipeg. The home itself offers generous living space of over 3,200 sq ft, complemented by a finished basement. While the 1953 build date suggests potential for updates, it also speaks to the character and solid construction of its era. The property ranks highly for its size and value within its community and the wider city, indicating it is a significant and established home in the area.
This home would best suit buyers who prioritize private outdoor space and room to grow over a modern, turn-key interior. It's ideal for a family seeking a long-term project with a fantastic foundation, where the value is anchored in the irreplaceable lot. It also appeals to those who understand the value of a home that ranks in the top tier of its market for sheer scale and footprint, offering a sense of permanence and space that is increasingly uncommon.
Frequently Asked Questions
1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in Ridgedale, and across all of Winnipeg for specific metrics (like lot size or age). For example, being in the "top 1%" for lot size in Winnipeg means 99% of homes have a smaller lot. This quantifies its standout features and relative position in the market.
2. The house was built in 1953. What should I consider?
While the home offers proven durability and classic layout, systems like plumbing, electrical, and the roof may be due for inspection or updates. The finished basement is a plus, but its configuration and materials should be reviewed. This age of home presents an opportunity to modernize while preserving its character.
3. How significant is the lot size?
At over 31,000 sq ft, it is a dominant feature. This allows for immense privacy, gardening, recreational space, or future expansion (subject to bylaws). It's a key driver of the property's value and offers a lifestyle typically found in more rural settings, but within the city.
4. Who is the typical buyer for this property?
The buyer likely values space and potential over immediate modernity. They may be a family needing room to spread out, a multi-generational household, or someone with a vision for renovations or landscaping who sees the lot as a long-term asset.
5. The assessment is noted at $994,000. Is that the sale price?
No. The municipal property assessment is used for calculating taxes and may not reflect current market value. The sale price will be determined by the market, influenced by the home's condition, recent comparable sales, and its unique attributes like the exceptional lot.