2 Lacroix Bay

Property Overview: 2 Lacroix Bay, Winnipeg

Key Characteristics & Appeal

This 2001-built, one-storey home in Ridgedale sits on a generous 8,277 sqft lot, offering above-average space and privacy for the area. With over 2,000 sqft of finished living space, including a developed basement, it provides ample room for a family. Its key appeal lies in its strong overall value positioning within Winnipeg, ranking in the top 10% of the city for lot size and the top 4% for assessed value, suggesting a well-regarded property in a desirable setting. The home suits buyers looking for a established, single-level living layout in a mature neighbourhood, who prioritize a large yard and a home that holds significant equity value relative to the broader market. A thoughtful perspective is that while the home is newer than most in Winnipeg, it is actually among the oldest on its specific street, indicating a well-settled, stable block. The combination of a highly ranked city-wide assessment with more moderate rankings within its immediate community may appeal to those seeking a property with solid fundamentals that isn't the most expensive house on the block.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings show how this property compares to others. For example, being in the top 10% in Winnipeg for lot size means 90% of city homes have smaller lots. Its high city-wide assessment rank (top 4%) indicates it is valued well above average, while its community rankings are more moderate.

2. Is a 25-year-old home considered modern or dated?
This depends on context. While the home is newer than 80% of Winnipeg houses, it is the oldest among the five listed on its street. Key systems like the roof, HVAC, and windows may be approaching or have reached their typical lifespans and should be inspected.

3. Who would benefit most from the single-storey layout?
This layout is ideal for those seeking aging-in-place potential or who prefer to avoid stairs. It also often means more spread-out living spaces on one level, which can be great for families but may require less interior privacy between rooms.

4. The lot is large, but how is the outdoor space configured?
With over 8,200 sqft, there is significant outdoor space. Buyers should view the property to understand its shape, sun exposure, and how much is dedicated to front versus back yard, as this impacts usability and privacy.

5. What is the significance of the high assessed value relative to the community?
Ranking in the top 4% city-wide but the top 41% within Ridgedale suggests this is a premium property overall, but not an outlier in its own neighbourhood. This can be a stable position, less susceptible to local market fluctuations than the highest-priced homes in the area.