Property Overview

This 1994-built two-storey home in Ridgedale offers a compelling blend of space, established character, and a prime location. Its key appeal lies in its generous proportions, featuring nearly 2,900 sqft of living space and a large 9,143 sqft lot, placing it in the top tier of Winnipeg homes for size. The property includes a finished basement, adding to its functional living area. Its value is underscored by an assessment that ranks it highly city-wide.

The home suits buyers seeking an established property with room to grow or personalize, without the premium of a brand-new build. It’s ideal for a family that prioritizes indoor and outdoor space over attached garage convenience. The strong city-wide rankings for size and value suggest it appeals to those looking for a "more house for your money" proposition in a mature neighbourhood. A thoughtful perspective is that while the home is 30+ years old, this era often features larger room dimensions and lot sizes than many newer constructions, offering a different kind of value. Its position in the community rankings indicates it's a larger property in a mixed-area context, perfect for buyers who want space without being in a remote suburb.

Frequently Asked Questions

Q: How does the lack of a garage impact daily life and property value?
A: For many buyers, it's a significant consideration for vehicle storage and winter convenience. However, the large lot provides ample space to add a detached garage or carport, subject to permits. The current price likely reflects this feature.

Q: The home is above 30 years old. What should I budget for maintenance?
A: Key systems like the roof, windows, and major appliances may be nearing or past their typical lifespans. A thorough inspection is crucial, and a prudent budget for updates and maintenance should be part of your planning.

Q: The rankings show it's a large home for Winnipeg, but only average for its street. What does this mean?
A: It indicates you're looking at an established street of similarly substantial, mature properties. You're buying into a consistent streetscape of larger homes, which can be positive for stability and future value.

Q: Is the finished basement included in the 2,856 sqft living area?
A: Typically, municipal living area (sqft) figures refer to above-grade space. The finished basement is an additional bonus area, adding significant functional space not fully captured in that main square footage number.

Q: The assessment is high relative to the community. Does this mean property taxes will be disproportionately high?
A: Not necessarily. The assessment reflects the city's valuation of your property relative to others. Your actual tax bill is determined by the municipal tax rate applied to that assessment. While the bill may be higher than a smaller home in the area, it's proportional to the property's valued size and amenities.