Property Overview & Key Characteristics

This two-storey home in Ridgedale offers a blend of established neighbourhood charm and above-average space. Built in 1993, it sits on a large, 9,220 sqft lot and features a generous 2,464 sqft of finished living area, including a developed basement. Its key appeal lies in its relative size and value within the broader Winnipeg market; it ranks within the top 3-8% of the city for both living area and assessed value, suggesting a substantial property for its price point. The home would particularly suit buyers looking for established, spacious family living without venturing into brand-new, premium-priced subdivisions. It's a practical choice for those who prioritize interior space and a large yard over having the newest home on the block. A thoughtful perspective is that while the home is newer than most in Winnipeg, it is the oldest on its street, which may appeal to those seeking a mature landscape setting but should be considered for potential future maintenance planning.

Potential Buyer FAQs

1. What does the ranking data actually mean?
The rankings compare this home to others locally. Crucially, it ranks highly (top 8%) city-wide for size and value, but more moderately within its immediate neighbourhood and street. This suggests you get more house for your money here compared to most of Winnipeg, but it's in line with, not exceptional for, the Ridgedale area.

2. Is a 1993-built home a concern?
While not old by Winnipeg standards, a 33-year-old home means major components like the roof, windows, and HVAC systems are likely at or approaching their typical lifespans. A thorough inspection is essential to gauge their condition and plan for potential updates.

3. How does the lot size impact upkeep?
The nearly quarter-acre lot (9,220 sqft) offers great space for gardens, play, or privacy. However, it also means more yard maintenance—lawn care, gardening, and snow removal—which is a consideration for time, equipment, or the cost of hiring services.

4. What are the pros and cons of it being the oldest house on the street?
A potential advantage is a more established, natural landscape with mature trees and shrubs. A consideration is that surrounding homes may have undergone more recent renovations or updates, which could influence future comparable values and expectations for the area.

5. Why is the city assessment value relevant?
The assessment ($737,000) is used to calculate property taxes. Its high percentile ranking (top 3%) indicates the city views it as a high-value property, which typically correlates with proportionately higher property taxes. It’s wise to research the actual annual tax amount.