Property Overview: 89 Lannoo Drive
This impressive two-storey home in Ridgedale presents a rare combination of modern construction and substantial scale. Built in 2022, it offers over 4,000 square feet of finished living space on a sprawling lot exceeding half an acre. Its appeal lies not just in its newness and size, but in its exceptional standing relative to the market—ranking in the top tier of Winnipeg for lot size, value, and living area. The property features a finished basement and an attached garage.
This home is ideally suited for buyers seeking a premium, move-in-ready property without the wait of new construction. It would particularly fit growing or multi-generational families who value expansive indoor and outdoor space, or professionals looking for a high-caliber home with strong investment metrics in a established neighborhood. Its rankings suggest it’s a standout property for those prioritizing both prestige and practical living space.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this property against others on its street, in Ridgedale, and across all of Winnipeg. For example, being in the top 1% city-wide for lot size and assessed value indicates it is an exceptionally large and highly valued property relative to the entire market, not just its immediate area.
2. Given the large lot, what are the potential uses or responsibilities?
A 26,099 sqft lot offers great potential for gardening, recreation, or future additions like a large deck or play structure. Buyers should also consider the associated maintenance, such as lawn care, landscaping, and snow removal, which will be more significant than a standard city lot.
3. Are there any known issues with a home built in 2022?
As a nearly new build, major structural or systemic issues are unlikely. However, it’s still prudent to investigate if any builder warranties are transferable and to have an inspection to check for any minor settling or finishing items that may need attention.
4. How does the finished basement contribute to the living space?
The finished basement effectively adds to the home’s 4,004 sqft of living area, providing flexible space that could serve as a recreational room, home theatre, gym, or additional bedrooms. It significantly enhances the home’s functional capacity.
5. What is the significance of the high assessed value relative to the price?
An assessed value of $1.65 million that ranks in the top 0% city-wide provides a strong, independent benchmark from the municipal tax assessor. It indicates the property’s official valuation is in the highest echelon, which can be a factor in financing and long-term value perception, though the sale price is ultimately determined by the market.