Property Overview: 79 William Marshall Way
This well-established Ridgedale bungalow presents a compelling opportunity for buyers seeking space, privacy, and a move-in-ready home. Built in 1996, its key characteristic is the generous 6,975 sqft lot, offering significant outdoor space that is rare for newer subdivisions. The 1,696 sqft living area is spread across one level with a finished basement, providing flexible layout options. Its appeal lies in this combination of a mature, sizable property with a modern-enough build that avoids major maintenance concerns. The home ranks highly city-wide for lot size, value, and living area, indicating a solid, above-average offering within Winnipeg.
It would ideally suit downsizers or empty-nesters looking for single-level living without sacrificing yard space, or growing families who prioritize a large, private outdoor area over a brand-new build. A thoughtful perspective is that this property offers a "best of both worlds" scenario: a home that’s not a renovation project, set on a lot with established trees and room that newer properties simply don’t provide. It’s a practical choice for those who value space and stability over cutting-edge finishes.
Frequently Asked Questions
1. What is the true benefit of such a large lot?
Beyond privacy and space for recreation or gardening, a lot of this size (over 1/6th of an acre) offers long-term flexibility. It provides room for potential future additions like a large shed, deck, or patio, and typically feels more secluded than properties on newer, tightly packed streets.
2. How does the 1996 build year affect the home?
Homes from this era often benefit from modern wiring and standards while having had time for any initial construction issues to be resolved. Buyers should still expect to maintain or update components like the roof, windows, or HVAC systems, which are nearing or within their typical lifespan.
3. The home ranks low within its own street for living area. Should that be a concern?
This indicates the other homes on the street are larger, which can be positive for maintaining neighbourhood value. It suggests you may be getting into a street of substantial homes at a potentially more accessible point, while still enjoying the same desirable location and lot size.
4. What does the high city-wide assessment ranking (top 3%) mean?
The assessed value is significantly higher than most Winnipeg homes, reflecting the combined value the city places on the lot size, location, and improvements. It’s a strong indicator of the property’s baseline market value and tax assessment, but the final sale price is determined by the market.
5. Is the finished basement included in the 1,696 sqft living area?
Typically, the main living area (1,696 sqft) refers to above-grade square footage. The finished basement would be additional space, adding to the home’s total usable area. Confirming the total finished square footage, including the basement, is recommended.