122 Water Ridge Path

Property Overview: 122 Water Ridge Path, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 122 Water Ridge Path presents a compelling blend of modern construction and established neighborhood value. Built in 2017, it is one of the newest homes on its street, offering the benefits of contemporary building standards, likely lower immediate maintenance, and modern floor plans. With 1,633 sqft of living space, it sits above the Winnipeg city average, providing comfortable room for daily life without being overly expansive.

The appeal lies in its balanced positioning. Its assessed value of $560k is notably above the Winnipeg average, yet it aligns closely with the averages for both its immediate street and the broader Rosser-Old Kildonan neighborhood. This suggests you are investing in a property that holds its value well within a desirable local context. The lot size is more compact compared to others on the street, which often translates to less yard upkeep—a perk for those seeking a low-maintenance outdoor space.

This property would suit buyers looking for a move-in ready, modern home in a settled area. It’s ideal for professionals, small families, or downsizers who prioritize a newer build with city-wide appeal but wish to be part of a specific community where the home’s value is the norm, not an outlier. It offers a "best of both worlds" scenario: a newer home in a mature setting.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to the area?
The home’s assessed value is very aligned with its immediate surroundings. It ranks near the average for Water Ridge Path and the Rosser-Old Kildonan neighborhood, but places within the top 12% city-wide, indicating strong overall value retention in the broader Winnipeg market.

2. What are the implications of the lot size?
At 4,671 sqft, the lot is below the average for the street. This typically means a smaller backyard, which can be a positive for those wanting less landscaping responsibility. It’s worth considering if outdoor entertaining space or privacy from neighbors is a top priority.

3. The home was sold new in 2017. What does that mean for a buyer today?
Being sold originally in 2017 means this is likely its first resale. As a still-relatively-new home, major components like the roof, HVAC, and appliances may still have considerable life left, potentially reducing near-term capital costs.

4. How accurate is the sold price data shown?
The site provides an estimated sold price range from 2017 based on public data, noting it is not MLS-sourced. For fully verified and exact historical sale figures, you must request a manual lookup from the site administrators.

5. What is the neighborhood character like based on this data?
The data shows a street and area with very consistent home values and sizes, with many homes built in the last 10-15 years. This points to a stable, modern subdivision where properties are likely well-maintained and comparable to one another, offering neighborhood cohesion.