Property Overview: 10 Falcon Ridge Drive, Linden Ridge
Key Characteristics & Appeal
This home at 10 Falcon Ridge Drive is a well-situated property in the established Linden Ridge neighbourhood. Built in 2002, it offers nearly 1,900 square feet of living space on a 6,500 sqft lot. The data reveals a property that holds a different value proposition depending on your perspective. Within its immediate street and neighbourhood, its size and assessed value are generally around or slightly below the local averages for comparable homes. However, when viewed on a city-wide scale, its appeal becomes clearer: it ranks within the top tier for assessed value (top 4%) and offers above-average living space compared to the typical Winnipeg home. This suggests a solid, modern property that represents a strong value proposition within the broader market, potentially offering more house for your dollar than you might find in many other parts of the city.
Its appeal lies in this value-for-money positioning within a mature neighbourhood. It would suit practical buyers looking for a home from the early 2000s that doesn’t require major updates, and who prioritize space and assessed value efficiency over having the largest property on the block. It’s a sensible choice for families or professionals seeking a comfortable, established setting without the premium price tag of newer subdivisions.
Frequently Asked Questions
1. How does this home’s value really compare?
While it ranks around the middle of the pack on its own street, its city-wide assessment ranking is exceptionally strong (top 4%). This indicates that for its assessed value, you are getting a property that outperforms the vast majority of homes across Winnipeg, highlighting its value efficiency.
2. What does the sale history tell us?
The home sold in 2019 for an estimated $600k-$650k and again in 2022 for $800k-$850k. The 2022 sale price placed it in the top tier (top 2%) city-wide for that period, demonstrating its strong market performance during recent active markets.
3. Is the lot size a drawback?
At 6,497 sqft, the lot is below the average for Linden Ridge. However, it is still above the city-wide average. This means you get a manageable yard with less maintenance than larger lots in the area, which could be a positive for some buyers.
4. How does it compare to the nearby reference property at 18 Falcon Ridge Drive?
The listed neighbour at number 18, built the same year, has significantly more living space (2,357 sqft) and a higher assessed value ($91.40k). This directly illustrates the trade-off: 10 Falcon Ridge offers a more modest, and likely more affordable, footprint on the same street.
5. How can I get the exact historical sale prices?
The exact sold prices are not publicly displayed. You can request them via email through the listing service. They provide the precise figures manually, typically by the end of the same day, without using your email for unsolicited marketing.