Property Overview
15 Phantom Ridge Road is a well-situated, early-2000s family home in Winnipeg's Linden Ridge neighbourhood. Its appeal lies in offering above-average space and a newer build relative to much of the city, within a consistent and established local streetscape. The home presents a balanced profile: it's not the largest on its street, but it sits on a generously sized lot and holds a strong assessed value that places it in the top tiers for the area and citywide. This suggests a property that has been maintained well and is positioned in a desirable enclave.
Key Characteristics & Ideal Buyer
The home's key characteristics include a 2,111 sqft living area, an 8,300 sqft lot, and a 2006 build date. Its assessed value of $84.50k (a provincial assessment figure, not a market price) is notably strong, ranking in the top 11% for Linden Ridge and the top 2% city-wide. The last recorded sale was between $750k-$800k in 2020.
The appeal here is one of solid, above-average fundamentals without extreme outliers. It suits buyers seeking a established, turn-key home in a quiet neighbourhood who value a larger lot for privacy or outdoor space. It would particularly resonate with those who appreciate a home that compares very favorably to the broader city market in terms of modernity, lot size, and value, while blending in comfortably among its immediate neighbours. A thoughtful perspective is that this property offers the benefits of a newer build (potentially fewer major repairs in the near term) while being part of a mature community with settled landscaping and amenities.
Frequently Asked Questions
1. What does the "Assessed Value" of $84.50k mean?
This is the provincial property tax assessment, not the market price. Its high ranking (top 2% citywide) indicates the home is considered a high-value property for taxation purposes relative to most in Winnipeg, which often correlates with desirability and market price.
2. How does the home's size compare to others?
At 2,111 sqft, it is slightly below the average for Linden Ridge but above the Winnipeg city average. On its own street, it ranks in the middle of the pack for size, indicating a streetscape of similarly substantial homes.
3. The lot size seems large. Is that unusual?
At 8,300 sqft, the lot is the largest on Phantom Ridge Road and above average for both the neighbourhood and the city. This is a significant feature, offering more outdoor space than many comparable properties.
4. When was it last sold and for how much?
The home sold in 2020 for a price between $750,000 and $800,000. For the exact sale price, you can request details via the provided email service.
5. What does the "Elite" or "Top X%" ranking indicate?
These rankings show how this property compares to similar homes in three contexts: its immediate street, the wider Linden Ridge area, and all of Winnipeg. For example, a "Top 2%" citywide rank for assessed value means it is valued higher than 98% of homes across the city, highlighting its premium standing in the broader market.