4347 Ridgewood Avenue

Property Overview

This well-established bungalow on a large, 9,140 sqft lot in Eric Coy offers a practical and spacious family living environment. Its key appeal lies in the combination of a generous, private yard and a move-in-ready layout featuring a finished basement. Built in 1989, the home presents a balanced proposition: it is newer than most in Winnipeg while being settled in a mature neighbourhood. The property ranks highly for its lot size and assessed value city-wide, indicating a solid footprint and perceived value.

It would suit buyers looking for single-level living or those wanting ample outdoor space for children, gardening, or future additions. The home is particularly fitting for families or downsizers who prioritize a main-floor primary bedroom, a low-maintenance exterior, and the extra living space provided by a finished basement for a rec room, home office, or guest area.

Frequently Asked Questions

1. How does the lot size compare to typical properties?
At over 9,000 sqft, the lot is significantly larger than the average Winnipeg property, placing it in the top 8% city-wide. This offers exceptional outdoor privacy and potential.

2. What does the "finished basement" include?
The listing confirms a finished basement but does not specify the rooms or finish quality. This adds flexible living space, but viewers should verify its layout, ceiling height, and whether it includes a separate entrance or bathroom.

3. Is the neighbourhood considered established or developing?
Eric Coy is a mature, established neighbourhood. The home's 1989 build date makes it newer than 74% of Winnipeg homes, offering a relatively modern structure within a settled community.

4. How has the property's value changed?
The current assessment is $478,000, which is 20% higher than its last sale price of $397,000 in 2017. This suggests significant equity growth, but the final market value will be determined by current conditions.

5. What are the practical implications of the "one storey" design?
The bungalow style means all primary living spaces are on one level, ideal for accessibility or avoiding stairs. However, it also means a larger roof and foundation footprint relative to its living area, which can influence maintenance costs.