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125-10 Linden Ridge Drive

BasementNoPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2013 13 years ago
Top 1%1/72
Top 1%1/164
Top 23%6058/26841

125-10 Linden Ridge Drive: For Year Built. On Linden Ridge Drive, EliteTop 1%, rank 1 of 72, and comparable homes in that group average about 2013. in Linden Ridge, EliteTop 1%, rank 1 of 164, and comparable homes in that group average about 2008. citywide, above averageTop 23%, rank 6058 of 26841, and comparable homes in that group average about 1990.

Living Area
759 sqft
Top 90%65/72
Top 96%157/164
Top 82%21995/26841

125-10 Linden Ridge Drive: For Living Area. On Linden Ridge Drive, below averageTop 90%, rank 65 of 72, and comparable homes in that group average about 1,002 sqft. in Linden Ridge, below averageTop 96%, rank 157 of 164, and comparable homes in that group average about 1,336 sqft. citywide, below averageTop 82%, rank 21995 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
24.50k
Top 94%68/72
Top 98%160/164
Top 44%11819/26841

125-10 Linden Ridge Drive: For Assessed Value. On Linden Ridge Drive, below averageTop 94%, rank 68 of 72, and comparable homes in that group average about 290k. in Linden Ridge, below averageTop 98%, rank 160 of 164, and comparable homes in that group average about 440k. citywide, around averageTop 44%, rank 11819 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 7/202224.70k
MetricSame streetSame areaCity-wide
Sale price
24.70k
Top 93%67/72

Below average

same street Top 93%

Top 97%159/164

Below average

neighbourhood Top 97%

Top 43%11645/26841

Around average

Winnipeg Top 43%

Highlights & common questions: 125-10 Linden Ridge Drive, Winnipeg

Property Overview & Key Characteristics

This property at 125-10 Linden Ridge Drive is a compact, modern unit built in 2013, offering a low-maintenance lifestyle in Winnipeg's desirable Linden Ridge neighbourhood. Its primary appeal lies in its exceptional value within a high-ranking area, as it sits in the top tier of homes in its neighbourhood and city for metrics like land area and year built. With a modest 759 sqft of living space and a notably low assessed value, it represents an accessible entry point into a sought-after community.

The home is ideally suited for first-time buyers seeking affordability in a premium location, investors looking for a property with strong fundamental value in a stable area, or downsizers wanting a newer build with minimal upkeep. A thoughtful perspective is its potential as a "foot-in-the-door" property; it allows an owner to build equity in a top-ranked area, which could be leveraged later for a move within the same community. Its newer construction (2013) also suggests greater energy efficiency and reduced immediate repair costs compared to older stock.


Frequently Asked Questions

1. What does the ranking data (e.g., Top 0% in neighbourhood) actually mean?
This indicates how the property compares to others in the area for a specific metric. For example, being in the "Top 0% in neighbourhood" for land area means it has a larger lot than 100% of compared properties in Linden Ridge, which is a significant advantage for a unit of this size.

2. The living area is noted as being in the lower percentile (Top 92%). Is that a concern?
This confirms the unit is compact at 759 sqft. This aligns with its positioning as an affordable, low-maintenance option. The trade-off for the smaller interior space is the newer build, the desirable location, and the proportionally larger land ranking.

3. Why is the assessed value so much lower than the nearby reference properties?
The assessed value reflects the property's specific characteristics, primarily its smaller size. The comparison properties listed are mostly larger, single-family homes. This unit’s value is consistent with its footprint and type, highlighting its different market segment.

4. The home sold recently in July 2022. What does that indicate?
The recent sale provides a clear, current market price benchmark (sold for $24.70k), which is very close to its current assessed value. This suggests a stable and transparent valuation, reducing uncertainty about its market worth.

5. What are the practical implications of having "No" basement and "None" for a garage?
This means storage and utility space will be limited to the main floor area. It underscores the true low-maintenance nature of the property—there’s no basement to finish or maintain and no garage to upkeep—but requires a buyer to be comfortable with on-street or surface parking and creative storage solutions.

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