Property Overview & Appeal
This 1993 two-storey home in Ridgedale is defined by its generous proportions and established setting. Its key appeal lies in offering substantial space on a large, quiet lot—over 10,000 sqft of land and 2,600 sqft of living area, including a finished basement. The home ranks in the top tier of Winnipeg for both lot and living space size, indicating a property that offers more room than the vast majority of homes in the city. Its appeal is practical and grounded: it's a well-sized family home in a mature neighbourhood, not a modern renovation project. It would suit buyers looking for established community character, ample indoor and outdoor space for a family, and a home that prioritizes functional space over a central location. A thoughtful perspective is that this property offers a relative "value of space," providing land and square footage that have become increasingly scarce in newer subdivisions, appealing to those who value room to grow, garden, or simply have privacy.
Frequently Asked Questions
1. What is the significance of the provided rankings?
The rankings show how this property compares to others in its immediate street, wider neighbourhood, and all of Winnipeg. For example, ranking in the top 6% of Winnipeg for lot size highlights the rarity of a 10,000+ sqft lot in the city.
2. Is the house outdated given its 1993 build year?
While not a new build, the 1993 construction places it in a period of generally solid construction. It ranks as newer than most homes in Winnipeg, suggesting it avoids the major maintenance concerns of much older houses while likely having a functional, traditional layout that may require cosmetic updates.
3. How does the assessment value relate to the asking price?
The municipal assessment of $812,000 is a tax valuation, not a market price. However, ranking in the top 2% of Winnipeg assessments confirms the property is considered a high-value asset by the city, typically reflecting its substantial lot and building size.
4. What does the neighbourhood ranking suggest?
Ranking in the top 59% for lot size within its own community (Ridgedale) but the top 25% for living space indicates that while other large lots exist nearby, this home offers above-average interior space compared to its neighbours, potentially providing better value under its roof.
5. What are the practical implications of a lot this size?
Beyond privacy, a 10,188 sqft lot offers significant potential for gardening, adding a detached structure like a shed or workshop, or providing ample recreational space. Buyers should consider the associated maintenance (lawn care, snow clearing) as part of the long-term commitment.