Property Summary: 901 Community Row
Key Characteristics & Appeal
This is a spacious, well-established two-storey home in Winnipeg's Ridgewood South neighbourhood. Its primary appeal lies in its exceptional lot size—over 85,000 square feet—which places it in the top tier of properties locally. The home itself offers nearly 2,000 square feet of living space, a finished basement, and an attached garage, all built in 1974.
The property suits buyers seeking privacy and space above all else. It's ideal for someone who values a vast, private yard for gardening, recreation, or future projects, and who appreciates a home with a proven, long-term presence in the community. While the house ranks very highly for size and value on its street, its age is more typical for the broader area, appealing to buyers comfortable with a classic layout and the character of a 50-year-old home. This isn't just a house; it's a substantial piece of land with a home on it, offering a rare level of seclusion within the city.
Frequently Asked Questions
1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in Ridgewood South, and across all of Winnipeg. For example, its land size is in the top 1% of the neighbourhood, while its building age is more common locally. This helps you understand how its specific features compare.
2. Is the lot usable, or is it mostly wild?
The listing notes the vast size but not the condition. A key step would be to view the property to assess the landscape—whether it's maintained lawn, natural treed area, or a mix—to understand potential upkeep or opportunities.
3. What should I consider with a 1974-built home?
While systems may have been updated, the age suggests a potential buyer should pay special attention to the roof, windows, plumbing, and electrical during an inspection, as these are common maintenance points for homes of this era.
4. Why is the assessed value useful here?
The assessment ($547,000) is a government valuation for tax purposes and often differs from market price. However, its high percentile rank (top 12% in Winnipeg) strongly supports the property's above-average value relative to the market, based on its attributes.
5. Does a large lot mean higher costs?
Typically, yes. Property taxes are partly based on assessed value, which is influenced by lot size. Utilities like water for outdoor use and general maintenance (e.g., lawn care, snow clearing) for a large property will also likely be above average.