Property Overview: 82 Hofsted Drive, Ridgewood South, Winnipeg
Key Characteristics & Buyer Appeal
This 2019-built home at 82 Hofsted Drive presents a compelling blend of modern construction and established community value. With 1,918 sqft of living space, it sits comfortably above the Winnipeg average, offering ample room in a neighborhood of similarly sized homes. Its primary appeal lies in its standout citywide positioning. The property holds an "Elite" assessed value ranking within the top 3% of Winnipeg, indicating strong appraisal growth and a premium valuation. This is complemented by a lot size that is generous for its street and a build year that places it among the city's newest 4% of homes.
The home suits buyers seeking a move-in ready, modern property in a mature area without the premium often associated with brand-new subdivisions. It’s ideal for those who value a home that outperforms city averages on key metrics like value and age, while still blending into its immediate streetscape. A thoughtful perspective is that this property may offer the benefits of a newer build (like modern layouts and systems) within a settled neighborhood, potentially providing the best of both worlds: newer infrastructure without being in a purely developmental area.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The home’s assessed value of $758k is above average for both its street and the broader Ridgewood South neighborhood, ranking in the top 20% and top 8% respectively. This suggests it is a higher-valued property within its local area.
2. Is the lot size typical for the area?
The 6,275 sqft lot is above average for Hofsted Drive. However, it's worth noting that the average lot in the wider Ridgewood South area is larger (8,317 sqft), so this lot is more aligned with the scale of its immediate street.
3. What can the 2019 sale price tell me?
The home sold for an estimated $650k-$700k in April 2019. Given its current assessed value, this indicates significant appreciation. For exact historical sale figures, a manual lookup via the site’s email request is required.
4. How modern is this home compared to all of Winnipeg?
It is very modern by city standards. Built in 2019, it is newer than approximately 96% of comparable homes across Winnipeg, placing it in the top 4% citywide.
5. Where does this home excel most?
Its strongest citywide rankings are in Assessed Value (Top 3%) and Year Built (Top 4%). This combination of a high valuation and very recent construction is its most distinctive advantage compared to the broader Winnipeg market.