14 Lacroix Bay

Property Overview: 14 Lacroix Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated Ridgedale home is a 2003-built bungalow offering single-level living on a spacious, nearly 6,900 sqft lot. Its key features include a fully finished basement and an attached garage. The 1,823 sqft living area provides ample space and ranks within the top 15% of Winnipeg homes for size.

The appeal lies in its balanced offering of modern convenience and established neighbourhood character. Built just over 20 years ago, it is newer than 95% of homes in Ridgedale, suggesting contemporary building standards and less immediate need for major updates. The large lot is a significant asset in a mature area, offering privacy and room for outdoor enjoyment. Its high assessment and previous sale value (consistently in the top 3-4% of the city) indicate a property that has held and grown its worth in a desirable location.

This home would best suit buyers seeking a move-in ready bungalow—ideal for downsizers, empty-nesters, or those who prefer single-storey living—who value a large, private yard in a quiet neighbourhood. It also represents a solid, long-term family home in a community with well-established roots.

Section 2: Frequently Asked Questions

1. How does the property rank within its immediate area?
While the home ranks very highly city-wide for value and size, it's important to note it is among the newest and highest-assessed properties on its own street and in the wider Ridgedale community. This suggests it is a standout property in its local context.

2. What does the fully finished basement entail?
The listing confirms the basement is finished, adding valuable living space to the 1,823 sqft main floor. Prospective buyers should inquire about the layout, ceiling height, and any permits for the work to understand the full scope and quality of this space.

3. Has the property value increased since the last sale?
The home sold for $687,000 in May 2020 and currently holds a municipal assessment of $743,000. This indicates growth, but the final market value will be determined by current conditions. The assessment places it in the top 3% of all Winnipeg properties.

4. Is the lot size a major advantage?
At 6,891 sqft, the lot is substantially larger than many in urban settings and offers great potential. For some buyers, this means space for gardens, play, or additions; for others, it means more yard maintenance to consider.

5. Who might this property not suit?
Given its single-storey design and location in a mature neighbourhood, it may not appeal to buyers seeking a brand-new development, a multi-story layout, or a home that ranks at the very top of its specific street for square footage. The investment appears to be in the land, condition, and established community rather than in maximum interior volume relative to its immediate neighbours.