Property Overview: 36 Jaymorr Drive, Ridgedale, Winnipeg

Key Characteristics & Appeal

This is a substantial and historic property, built in 1928, situated on an exceptionally large 45,000 sqft lot in Winnipeg's Ridgedale area. Its primary appeal lies in its impressive scale and rarity. The nearly 5,000 sqft of living space in a two-and-a-half-storey layout offers immense room for a large or multi-generational family. The lot size is its most defining feature, placing it in the top 1% of all properties in Winnipeg for land area, which provides unparalleled privacy, space for gardens, recreation, or future expansion.

The home suits buyers looking for a legacy property with character and space over modern turn-key convenience. It's ideal for someone with a vision—whether that's carefully updating a historic home while preserving its charm, or utilizing the vast lot for specific hobbies or landscaping projects. The unfinished basement and the home's age indicate a project for a buyer comfortable with maintenance and potential renovations. Financially, it appeals to those who value land as a primary asset, as the property's value is significantly anchored in its expansive and highly ranked parcel.

Frequently Asked Questions

1. What does the ranking data (e.g., "top 1%") actually mean?
The rankings compare this property against others in its immediate street, the wider Ridgedale community, and all of Winnipeg. For example, being in the "top 1% for land area in Winnipeg" means the lot is larger than 99% of all residential properties in the city, highlighting its extraordinary size.

2. The house was built in 1928. What should I consider?
While offering classic character and solid construction, a home of this age will likely have older mechanical systems (like plumbing and electrical), windows, and insulation. A thorough inspection is essential to understand the scope of maintenance, potential updates needed for energy efficiency, and to appreciate any original features that remain.

3. The lot is huge. Are there any restrictions on what I can do with it?
This is a key question. You should verify zoning bylaws with the city to understand what is permitted. While the space allows for possibilities like adding a garage, workshop, or extensive gardens, there will be regulations regarding building coverage, setbacks, and permissible structures.

4. The basement is unfinished. Is that a major drawback?
Not necessarily. For some buyers, an unfinished basement presents a blank canvas to create exactly the space they need—a recreation room, home gym, or additional storage—to their own specifications and budget, without needing to undo previous work.

5. The assessment value is listed at $1.259 million. Is that the sale price?
No. The assessed value is used by the municipal government for calculating property taxes. The sale price is determined by the current market and the seller. It can be higher, lower, or close to the assessed value, so this figure should be used as a reference point rather than an expected price.