Property Overview
This 1999-built two-storey home in Ridgedale is a substantial property defined by its generous scale and established presence. Its primary appeal lies in the combination of significant interior space (over 4,500 sqft of finished living area including a developed basement) on a large, private lot (approximately one-third of an acre). The home ranks in the top tier locally for its lot size, living area, and assessed value, indicating it is a premium offering within its context. It would best suit buyers looking for a move-in ready, spacious family home with room to grow, who value established neighbourhoods and privacy over a brand-new build. A less obvious perspective is that a home of this age and size offers a known quantity—major systems and the neighbourhood's mature character are fully apparent, avoiding the uncertainties that can come with very new constructions or much older homes.
Key Details & FAQs
Key Characteristics & Suitability
- Spacious & Established: Featuring 4,532 sqft of finished living space across three levels and a 13,729 sqft lot, this is a home designed for comfortable family living and entertaining. Its 1999 build date means it benefits from modern layouts and infrastructure while being situated in a mature neighbourhood with established landscaping.
- Premium Positioning: The home consistently ranks in the top 3-10% of its community for key metrics like living space and assessed value, and in the top 3% city-wide for lot size. This signals a property that stands out for its substance and is likely positioned in a desirable pocket of Ridgedale.
- Ideal Buyer Profile: This property is an excellent match for growing or multi-generational families seeking ample indoor and outdoor space without the need for a full renovation. It also appeals to buyers who appreciate statistical validation of a home's relative standing in the market, as evidenced by its strong ranking data.
Frequently Asked Questions
1. What does the ranking data (e.g., "top 3%") actually tell me?
This data compares the home against other properties in its immediate street, the broader Ridgedale community, and all of Winnipeg. Ranking in the top 3% city-wide for lot size, for example, objectively confirms the rarity and premium nature of its large yard.
2. Is a 27-year-old home considered old?
In Winnipeg's housing landscape, a 1999 build is considered a modern home. It incorporates contemporary construction standards and floor plans while being past the initial "shakedown" period where new-build issues might surface. Major components like the roof, windows, and HVAC are likely mid-life or newer.
3. Who might this home not be as suitable for?
It may not suit buyers seeking a low-maintenance, lock-and-leave lifestyle due to the size of the home and lot. It's also likely not a fit for those with a strict budget at or near the asking price, as utility and maintenance costs scale with the property's size.
4. The assessment is quite high. What does that indicate?
A municipal assessment of $1.614M, which ranks in the top 2% of the community, generally reflects the City's valuation of the property's market attributes. It signals a premium home but is not a direct predictor of sale price, which is determined by the current market.
5. What are the advantages of such a large lot in this neighbourhood?
Beyond privacy and space for recreation, a lot of this size (over 13,700 sqft) in an established area like Ridgedale offers long-term flexibility. It provides room for potential future additions, extensive gardening, or the preservation of green space—options rarely available on newer, denser subdivisions.