Property Overview & Key Characteristics
This two-storey home at 23 Cassowary Lane is a modern property, built in 2022, offering a move-in-ready condition with minimal upkeep required in the near term. Its key appeal lies in its balance of space and contemporary build, situated on a good-sized lot in the Ridgewood South neighbourhood. The home features 2,148 sqft of living space, an attached garage, and a full basement awaiting personalization.
The data suggests a property that outperforms many local benchmarks. It ranks highly for its newness (newer than 98% of Winnipeg homes) and sold in March 2024 for a price that was higher than 98% of comparable city sales. This indicates a desirable, modern home in a sought-after area. It would suit buyers looking for a modern layout without the wait of new construction, as well as those who value a home with recent build standards and the potential to finish the basement to their own taste. The strong recent sale price also suggests it appeals to buyers confident in the area's value retention.
Frequently Asked Questions
1. What does the significant difference between the assessed value and the recent sale price indicate?
The assessed value is for municipal tax purposes and often lags behind the current market. The recent sale price is a clearer reflection of its present market value, influenced by its modern features, condition, and neighbourhood demand.
2. Is the basement finished?
No, the basement is present but not renovated. This is a key opportunity for future expansion and customization, allowing a new owner to add value and tailor the space to their needs.
3. How does the lot size compare to others in the area?
At just over 6,000 sqft, the lot is above the median size for the street (ranking in the top 53%). This provides more outdoor space than many neighbouring properties.
4. The home sold very recently. Why might it be available again?
While the specific reason isn't listed, short-term resales can occur due to various life changes for the seller, such as job relocation or shifting family needs. It does not necessarily reflect on the property itself.
5. What is the neighbourhood character, based on the data?
The provided comparisons show a mix of newer homes (like this one) and older properties nearby. The high rankings for newness and sale price within Ridgewood South suggest this is one of the more contemporary and premium segments of the neighbourhood.