Property Overview: 50 Ravensden Drive, Winnipeg

Key Characteristics & Buyer Profile

This is a well-maintained, one-storey home built in 2004, featuring a renovated basement and an attached garage. Its core appeal lies in offering modern, single-level living within a mature neighbourhood. The home presents a practical footprint of 1,218 sqft, which is notably efficient and manageable compared to many larger homes on its street, suggesting lower utility costs and easier upkeep. The lot size of over 6,200 sqft is a significant asset, providing ample private outdoor space that is above average for both the immediate area and the city.

The property’s data reveals a thoughtful perspective: while the home is modest in size compared to its immediate neighbours, its assessed value holds strong citywide. This indicates a solid foundation of value in a desirable location, rather than being over-improved for its street. It would ideally suit first-time buyers, downsizers, or practical-minded individuals seeking a move-in ready home with a modern basement, without the burden of extensive maintenance or property taxes associated with a larger footprint. The generous yard is a major plus for those with pets, gardening interests, or who simply value private outdoor space.

Frequently Asked Questions

1. How does the home’s size impact its value?
While the living area is below average for Ravensden Drive, the assessed value remains competitive citywide. This suggests you’re paying for the desirable location, lot size, and modern updates (like the renovated basement) rather than sheer square footage, which can mean better value and efficiency.

2. What does the lot size offer?
At over 6,200 sqft, the lot is larger than most in the Dakota Crossing area. This provides excellent potential for gardening, recreation, or future outdoor living spaces like a deck or patio, offering a sense of privacy and room that can be hard to find in newer subdivisions.

3. Is the renovated basement a legal suite?
The listing specifies a "renovated basement" but does not state it is a legal secondary suite. Buyers should clarify with the seller or their agent about the permits and compliance of the renovation to understand its intended use and any potential implications.

4. How does the 2004 build year compare?
Built in 2004, the home is newer than most in Winnipeg but older than many on its own street. This typically means it avoids the major systems issues of much older homes while likely having established landscaping and any initial "newness" quirks already resolved.

5. What is the neighbourhood context?
The home is on a quiet street within Dakota Crossing. The data shows a mix of property sizes and ages nearby, indicating an established, stable community rather than a uniform new development. Nearby comparable listings suggest this price point is consistent for the area’s offerings.