Property Overview: 69 Cassowary Lane, Winnipeg
Key Characteristics & Appeal
This 2022-built home in Ridgewood South stands out for its generous scale and modern construction. At 2,661 sqft, its living space ranks in the top 2-3% compared to both the neighborhood and the entire city of Winnipeg, offering significantly more room than the average local home. With an assessed value of $874,000, it sits well above area averages, reflecting its premium positioning. The lot size is fairly typical for the street, prioritizing the substantial home footprint over expansive yard space.
The primary appeal lies in acquiring a like-new, large-format home in a modern subdivision without the wait of new construction. It suits buyers looking for move-in-ready, spacious interiors and who value a property with strong statistical standing in terms of size and value relative to its peers. A thoughtful perspective is that while the home is elite at the city and neighborhood level, on its own street it is among high-caliber peers—it’s in a consistently desirable lane where newer, larger homes are the norm. This offers community stability but suggests future value may be closely tied to the ongoing performance of the immediate area.
Frequently Asked Questions
1. How does the sold price compare to the current assessed value?
The home last sold in late 2022 for an estimated $700k–$750k. The current assessed value is $874k. This increase reflects market changes and the addition of two more years of ownership history since it was last sold as a nearly new build.
2. Is the lot size a disadvantage?
At 5,753 sqft, the lot is slightly smaller than the street average and notably smaller than the broader neighborhood average. This indicates the property is designed around the substantial home, with a yard that is functional but not oversized. It’s a trade-off for more interior space.
3. What does the "Elite" ranking actually mean?
For living area and assessed value, rankings in the "Top 2%" city-wide mean this property outperforms approximately 98% of comparable homes across Winnipeg in those specific metrics. It’s a strong indicator of its relative size and valuation tier.
4. Who are the typical neighbors?
The nearby comparable properties are almost exclusively homes built between 2020-2023, with similarly high assessed values. This suggests a uniform, modern community without significant variation in home age or style.
5. How can I verify the exact historical sold prices?
The site provides estimated price bands. To obtain fully verified, exact transaction figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.