Property Overview: 32 Tangle Ridge Crescent, Linden Ridge

Key Characteristics & Appeal

This 2005-built home in Linden Ridge presents a compelling mix of space, value, and potential. Its primary appeal lies in its generous, above-average lot size of over 12,500 sq ft, which places it in the top tier of properties city-wide for land area. This offers significant room for gardening, recreation, or future expansion. The living area of approximately 1,976 sq ft is comfortably sized, aligning with the neighbourhood average. A thoughtful perspective is that while the home's assessed value is below average for its immediate street and neighbourhood, it is notably above average compared to the entire city, suggesting you are acquiring a substantial property in a desirable area at a relative value. The home would suit buyers looking for a established, early-2000s build on a premium lot without a premium price tag, ideal for those who prioritize outdoor space and see potential in a property that may benefit from updates. It’s a solid choice for a growing family seeking room to grow or a value-oriented buyer in a well-regarded community.

Frequently Asked Questions

1. Why is the assessed value below average for the street?
This typically indicates the home’s current assessed value, for municipal tax purposes, is lower than many of its neighbours. This can be due to a variety of factors, including the specific condition of the home, finishes, or features at the time of assessment. It often represents a value opportunity for a buyer.

2. How does the lot size compare practically?
At 12,539 sq ft, the lot is significantly larger than the city average (~6,570 sq ft) and the local area average (~8,145 sq ft). This translates to a much more substantial backyard and greater distance from neighbouring homes, offering more privacy and space for activities.

3. What does the sale history tell us?
The home sold previously between 2020-2025 for an estimated $550k-$600k. This provides a recent market benchmark, but the exact price and any subsequent changes to the property would need to be verified to understand current value fully.

4. Is the 2005 build date a positive?
Yes. A 2005 build is newer than most homes in Winnipeg (average build year ~1966) and is in the top 15% city-wide. This suggests modern construction standards, likely more efficient insulation and wiring, and potentially less immediate need for major system replacements compared to an older home.

5. Who should consider requesting the exact sold price history?
Serious buyers who are comparing this property’s past sale price to its current asking price and to similar recent sales. Having the exact figure, rather than a range, allows for precise analysis of market trends and the property’s specific history.