Property Overview: 10 Fall Ridge Road, Linden Ridge
Key Characteristics & Appeal
This home is a standout property in Winnipeg’s Linden Ridge neighbourhood, offering a compelling combination of space, value, and location. Its primary appeal lies in its significant size and premium positioning relative to the broader market. With 2,348 square feet of living space, it ranks in the top 4% of all Winnipeg homes, providing ample room for a growing or established family. The lot, at 8,754 square feet, is also substantially larger than the city average, offering generous outdoor space.
The home’s assessed value places it in an elite tier city-wide (top 2%), yet it sits at the top of its immediate street and neighbourhood rankings. This suggests a property that is both a premium offering in its local area and an exceptional value when viewed in the city context. Built in 2004, it is a modern home without the potential concerns of much older infrastructure, while still being established in a mature community.
This property would best suit buyers who prioritize interior space and land size over a brand-new build. It’s ideal for families seeking a move-in ready home in a desirable neighbourhood, or for value-conscious buyers looking for a property with metrics that outperform the vast majority of the Winnipeg market. Its strong assessment and recent sale history (2022, in the $900k-$950k range) indicate a stable, high-value investment.
Frequently Asked Questions
1. How does this home’s value compare to others on the street?
It has the highest assessed value on Fall Ridge Road, ranking 1st out of 17 homes. This indicates it is considered the most valuable property on the street by the municipal assessor.
2. Is the lot size typical for the area?
The lot is above average for both the immediate street and Linden Ridge, ranking in the top 21% of the neighbourhood. It is significantly larger than the typical Winnipeg lot, which averages about 6,570 sq ft.
3. What does the "Elite" city-wide ranking mean for living area?
A ranking in the top 4% for living area means that out of every 100 homes in Winnipeg, only about 4 are larger. This highlights the home’s relative spaciousness compared to the entire market.
4. The home sold in 2022. Can I find out the exact sale price?
The public data shows a sale price range. The exact, precise sale price is available by request from the listing service via email, which they provide manually as a courtesy.
5. Given its high city-wide rankings, is this home priced like a luxury property?
While its metrics (size, assessed value) place it in elite city percentiles, its value is benchmarked against its neighbourhood and street. This creates a dynamic where it is a premium local home that may offer more space and land for the price than a comparable "luxury" property in a different, higher-priced district.