Property Overview: 27 Hartland Cove

This well-established Ridgedale home presents a compelling opportunity for buyers seeking space, privacy, and value in Winnipeg. Built in 1993, this one-storey bungalow sits on a large, approximately 11,600 sqft lot, offering a rare sense of openness within the city. Its nearly 2,500 sqft of living space is complemented by a finished basement, providing ample room for family life, hobbies, or hosting. The home's standout feature is its impressive scale relative to its assessed value, ranking in the top tier of Winnipeg properties for both lot size and living area. Its appeal lies in the combination of a mature, quiet cul-de-sac setting with the practical, single-level layout of a bungalow. This property would particularly suit growing families or multi-generational households needing abundant interior space, or buyers who prioritize a large private yard over a newer build. A thoughtful perspective is that while the home is 33 years old, its strong rankings suggest it has been a well-maintained and competitive property in its area, offering a "move-in ready" scale that can be harder to find in newer subdivisions at this price point.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this home against others on its street, in Ridgedale, and across all of Winnipeg for key metrics. For example, ranking in the top 4% of Winnipeg for lot size and top 2% for living area confirms this is a property with exceptional space for its market value.

2. Is the large lot a benefit or a burden?
For most, it's a significant benefit, offering privacy, space for gardens, play, or future additions like a deck or shed. Buyers should consider that a lot of this size also entails more yard maintenance compared to standard suburban lots.

3. Who might this floor plan suit best?
The one-storey bungalow layout with a finished basement is ideal for those seeking primary living spaces on one level, such as young families wanting clear sightlines or those planning for long-term accessibility. The finished basement adds versatile space for recreation, guests, or a home office.

4. How should I interpret the assessment value?
The municipal assessment of $891,000 is used for calculating property taxes and indicates the city's valuation of the property relative to others. It is a strong data point that underscores the home's substantial size and established value, but the final sale price is determined by the current market.

5. What are the less obvious considerations for a 1993 home?
While the core structure is sound, a home of this age will likely have original or older major systems (like roof, windows, HVAC) that are entering or are in their typical replacement window. A thorough inspection is key to budgeting for potential updates, which is a common trade-off for acquiring this much space at this price level.