3 Shenfield Road

Property Overview & Key Characteristics

This 1978-built, one-storey home in Ridgedale offers a practical layout with 1,465 sqft of living space, a finished basement, and an attached garage. Its standout feature is the generous 8,905 sqft lot, providing significant outdoor space that is increasingly rare. The home’s appeal lies in this substantial land size, offering potential for gardening, expansion, or simply enjoying a large private yard within the city. It suits buyers looking for a solid, no-frills bungalow with room to grow, whether that’s a family valuing play space, a hobbyist needing room for projects, or someone planning future renovations. A thoughtful perspective is that while the home itself is modest in size and age, its land value and potential are the primary drivers, positioning it as a long-term property play rather than just a move-in-ready purchase.

Frequently Asked Questions

1. How does the home’s age affect its condition and costs?
Built in 1978, major components like the roof, windows, and mechanical systems may be at or beyond their typical lifespan. A thorough inspection is crucial to budget for potential updates, though the solid structure and large lot often balance these considerations.

2. What does the "finished basement" entail?
The details of the finish (e.g., ceiling height, permits, moisture control) aren't specified. It's important to assess the quality of the finish, its suitability for your needs, and whether it adds legal living space.

3. Why is the lot size a significant advantage?
At nearly a quarter-acre, this lot is larger than 91% of properties in Winnipeg. This not only provides exceptional privacy and space but also represents a tangible asset that appreciates independently and offers unique future potential.

4. The rankings show mixed results; how should they be interpreted?
The rankings are relative. While the home ranks lower on size and newness within its immediate area, it excels in lot size and assessed value city-wide. This suggests you are purchasing a premium piece of land with a functional, older home on it.

5. What is the neighbourhood of Ridgedale like?
As a mature Winnipeg community, Ridgedale typically offers established amenities, trees, and quieter streets. Prospective buyers should visit at different times to gauge traffic, neighbour interaction, and overall community feel to see if it matches their lifestyle.