Property Overview
This home at 100 Tangle Ridge Crescent in Winnipeg's Linden Ridge neighbourhood presents a distinct value proposition centered on its exceptional lot. Built in 2005, the 1,813 sqft house sits on a massive 15,635 sqft property, which is nearly double the size of most lots in the immediate area and ranks in the top 2% city-wide. While the living space is modest compared to other homes on its street and in Linden Ridge, it is notably above the Winnipeg average. Its assessed value is around average for the local area but places it in an elite tier (top 4%) compared to the entire city, highlighting a significant value-for-land dynamic.
The primary appeal lies in its rare combination of a modern, low-maintenance home from the 2000s with an unusually large, private yard—a rarity in newer subdivisions. This suits buyers looking for space for gardens, recreation, or future additions without the upkeep of an older home. It's a practical choice for those who prioritize outdoor space over sheer interior square footage. A thoughtful perspective is that this property offers the benefits of a mature, established neighbourhood lot but with the modern construction and systems of a 21st-century home, potentially offering the best of both worlds without a full renovation project.
Frequently Asked Questions
1. Is the house too small for the neighbourhood?
While the living area is below the average for Tangle Ridge Crescent and Linden Ridge, it is comfortably above the city-wide average. The trade-off is the extraordinary lot size, making it ideal for those who value expansive outdoor space.
2. What does the "Elite" ranking for land area actually mean?
The data shows this property's lot size is in the top 2% of all residential properties in Winnipeg. On its own street, it ranks #1 out of 44 homes for lot size, and in Linden Ridge, it ranks #3 out of 316.
3. Why is the assessed value only average locally but "Elite" city-wide?
This contrast underscores the premium nature of the Linden Ridge area. You are acquiring a property with a land value that is exceptional across Winnipeg, situated in a neighbourhood where higher property values are the norm.
4. What is the likely reason for the large price jump between the 2016 sale and the current assessment?
The sold price range from 2016 ($550k-$600k) compared to the current assessed value suggests significant market appreciation. The standout lot size is a key, value-driving factor that likely contributes to this growth.
5. Who would this property not suit?
It may not be the best fit for buyers seeking a very large interior footprint equivalent to others on the street, or for those who view a large yard as a burden rather than an asset. It’s tailored for those who see the land itself as a primary feature.