Property Overview: 166 Laurel Ridge Drive, Linden Ridge
Key Characteristics & Appeal
This well-situated family home at 166 Laurel Ridge Drive presents a compelling blend of space, location, and value. Built in 2004, it offers nearly 1,906 sqft of living area on a 6,726 sqft lot, providing ample room for family life and outdoor space. The data reveals its standout characteristic: exceptional value within the wider Winnipeg context. While its assessed value is below average for its immediate street and neighbourhood, it ranks in the top 8% city-wide, indicating you get significantly more house for your dollar compared to the typical Winnipeg home. This creates a strong value proposition in a desirable, established area like Linden Ridge.
The home’s appeal lies in this balance. It suits buyers seeking the space and comfort of a mature neighbourhood without the premium often attached to such areas. It’s an ideal match for a growing family looking for a long-term home with room to grow, or for value-conscious buyers who prioritize square footage and lot size over a fully updated interior. A less obvious perspective is its appeal to those interested in equity potential; a property assessed below neighbourhood averages but in good condition could see strong appreciation with thoughtful updates.
Frequently Asked Questions
1. Why is the assessed value below average for the street?
Assessed value is for taxation purposes and considers many factors, including recent sales and home characteristics. A lower assessment than neighbours could relate to its specific condition, layout, or features at the time of evaluation, but it also translates to a relatively lower property tax burden for the owner.
2. How does the living space compare practically?
At 1,906 sqft, the home is slightly smaller than the Linden Ridge average but remains a spacious, family-sized layout. Crucially, it is significantly larger than the Winnipeg city-wide average, offering more room than most homes on the market.
3. What does the sold price history indicate?
The home sold between $500k-$550k in 2017. This historical price provides a benchmark, but the current market value will depend on today’s conditions, any updates made since then, and the unique value proposition its current metrics suggest.
4. Is the lot size a pro or a con?
The lot is above average city-wide but slightly below average within Linden Ridge. This means you still get a generous, usable yard typical of the area, just potentially not the largest on the block. It balances outdoor space with manageable maintenance.
5. How can I get the exact past sold price?
The exact sale price is not public record in Manitoba. As noted, you can provide your email to the listing service to request it manually. They have committed to providing the accurate figure without using your details for marketing spam.