10 Lacroix Bay

Property Overview: 10 Lacroix Bay, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This 2003-built, single-storey home in Ridgedale sits on a large, 8,448 sqft lot, offering a significant amount of private outdoor space—a notable feature in today's market. With 1,812 sqft of living space and a finished basement, it provides practical, single-level living. Its key appeal lies in a combination of space, relative modernity, and established location. The property ranks highly city-wide for its lot size, newness, and above-average assessed value, suggesting a solid, well-regarded home in a mature neighbourhood.

It particularly suits buyers looking for a move-in ready, low-maintenance bungalow style, ideal for downsizers, small families, or those seeking accessibility without stairs. The large yard is a major asset for gardeners, pet owners, or anyone valuing room to breathe. A less obvious perspective is its potential for buyers who value statistical outperformance; its rankings indicate it is a property that stands above the majority in Winnipeg for several key metrics, which can be appealing for long-term value stability. However, its interior space is more average for the community, so it best fits those who prioritize land over a large footprint.

Frequently Asked Questions

1. How does the finished basement add to the living space?
While specific details of the basement finish are not provided, a finished basement in a bungalow typically adds significant flexible space for recreation, home office, or guest areas, effectively doubling the usable living area beyond the main floor's 1,812 sqft.

2. What does the "relative ranking" data mean for this home?
These rankings compare this property to others on its street, in Ridgedale, and across all of Winnipeg. For example, being newer than 95% of homes in Ridgedale and on a larger lot than 90% of homes in Winnipeg are strong points, while its interior size is more common within the immediate community.

3. Is the lot size a major advantage?
Yes. At over 8,400 sqft, the lot is substantially larger than the typical Winnipeg property. This offers greater privacy, space for additions like a deck or shed, and room for outdoor activities—a premium feature that is increasingly rare.

4. Who might this property not suit?
Buyers seeking a very modern, recently renovated interior or those who need extensive upper-floor bedroom separation (as it's a single-storey) may want to look further. It also may not fit buyers whose priority is maximizing interior square footage over land size.

5. What is indicated by the assessed value being in the top 4% for Winnipeg?
A $668,000 assessment significantly higher than the city median suggests the municipal assessor views this as a high-caliber property based on its characteristics, location, and market area. It generally indicates a premium home, but the final market price is determined by buyer competition.