Property Summary: 178 Laurel Ridge Drive, Linden Ridge, Winnipeg
Key Characteristics & Appeal
This home is a study in contrasts, defined largely by its context. Built in 2004, it is a modern property situated on a good-sized lot of approximately 6,728 sqft. With 1,782 sqft of living space, it offers ample room for a family. Its primary appeal lies in its position as a relatively newer, well-sized home within the established and desirable Linden Ridge neighbourhood.
The data reveals a compelling narrative: while this property ranks below average for both size and assessed value within Linden Ridge and on its own street—indicating it is among the more modest homes in an affluent area—it ranks well above the Winnipeg city-wide average. This suggests you are acquiring a home that is spacious and modern compared to most of the city, while gaining entry into a premium community. It suits value-conscious buyers who prioritize location and neighbourhood character over having the largest house on the block, and who see the advantage in a home that may offer relative affordability within a high-demand area.
Frequently Asked Questions
1. How does the assessed value compare to the likely market price?
The assessed value is significantly lower than the home's last sold price range (CA$550k–600k in 2022). This is not unusual, as municipal assessments for tax purposes often lag behind current market values, especially in sought-after neighbourhoods.
2. Is the living space sufficient for a growing family?
At 1,782 sqft, the home is above the city-wide average and provides solid functional space. For families looking at Linden Ridge, it is on the smaller side for the immediate area, so it’s wise to consider if the layout meets your specific needs compared to larger, potentially older homes nearby.
3. What does the "below average" ranking for the street and area really mean?
This statistical ranking reflects that many homes on Laurel Ridge Drive and in Linden Ridge are larger and have higher assessed values. In practical terms, it means this property is one of the more accessible entry points into this specific community without sacrificing lot size or modern construction.
4. Are there any concerns with a 2004 build?
A 2004 build is considered modern and should have contemporary wiring, plumbing, and insulation. It is past the initial "shakedown" period for new construction flaws but is still relatively young for a house, likely requiring only routine maintenance at this stage.
5. How can I get the exact historical sold prices?
The exact sold prices are not publicly displayed due to data licensing. You can request the precise history by emailing via the provided form on the listing page; the service promises a manual reply with accurate figures by the end of the same day, with no marketing spam.