Property Overview: 106 Water Ridge Path, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 106 Water Ridge Path presents a compelling blend of modern build quality and established neighborhood value. Built in 2017, it is notably one of the newest homes on its street, offering the advantages of contemporary construction standards, likely requiring less immediate maintenance than older stock. With 1,632 sqft of living space, it sits comfortably above the Winnipeg city average, providing ample room for a growing family or those seeking space to work from home.
Its primary appeal lies in its strong citywide positioning. The assessed value of $531k ranks within the top 15% city-wide, indicating a property that has held its value well relative to the broader market. However, within its immediate Rosser-Old Kildonan neighborhood and on its own street, its value and size metrics are more "around average." This suggests a home that offers solid, mainstream appeal in its local area while representing a step up in quality and modernity compared to much of Winnipeg's older housing inventory.
This property would suit practical buyers looking for a move-in ready, newer build in a settled area. It's ideal for those who prioritize modern systems and design over a sprawling lot, as the land area is modest. It fits buyers seeking above-average city amenities without the premium of a trendier central neighborhood, offering a balanced choice between modern comfort and long-term value retention.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The home’s assessed value is fairly typical for its immediate street and the Rosser-Old Kildonan area. Its standout metric is its age; being built in 2017 makes it one of the newest on the block, which is a key differentiator.
2. Is the lot size a constraint?
At 4,739 sqft, the lot is slightly smaller than the street average. It provides adequate outdoor space for a patio, garden, or play area but may not suit those dreaming of extensive landscaping, large outbuildings, or significant privacy from neighbors.
3. What does the sold price history indicate?
Records show it last sold in early 2017 for between $350k-$400k. The current assessed value of $531k suggests substantial appreciation since its initial purchase, reflecting both market trends and the establishment of the neighborhood.
4. How can I get the exact past sold prices?
Due to data display rules, exact sold figures are not published online on this site. You can request the full transaction history via email, and the team will provide the verified figures directly.
5. What are similar nearby properties like?
The immediate area consists of similar single-family homes, primarily built in the 2010s. Listings on the same street and nearby lanes like Luzon Bay show comparable assessed values and living areas, indicating a consistent, modern subdivision character.