Property Summary: 18 Phantom Ridge Road, Linden Ridge, Winnipeg
Section 1: Overview & Appeal
This well-situated home on Phantom Ridge Road presents a compelling blend of space, modernity, and value within a desirable neighbourhood. Built in 2006, the property is notably newer than most homes across Winnipeg, offering contemporary construction and likely fewer major maintenance concerns in the near term. With 2,100 sqft of living area, it provides ample space for a family, ranking well above the city-wide average. The lot size of 7,782 sqft is generous, particularly compared to typical city lots, allowing for private outdoor space.
The home’s primary appeal lies in its strong value proposition within its immediate area and the broader city. While its size and assessed value are around average for Phantom Ridge Road itself, it stands out as an above-average or elite property when compared to the wider Linden Ridge area and the entire city of Winnipeg. This suggests you are acquiring a home that holds a premium position in the larger market while being on par with its well-established street. The sale in 2022 within the $600k-$650k range further anchors its market value.
This property would suit buyers looking for a move-in ready, spacious family home in a mature neighbourhood without the quirks or immediate renovation needs of an older property. It’s ideal for those who value a newer build and a sizable lot, and who appreciate a home that performs strongly in broader market comparisons.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others in the area?
While its living space is slightly below the average for Linden Ridge, it is significantly larger than the typical Winnipeg home. Its assessed value is notably higher than most in the neighbourhood and ranks in the top 2% city-wide, indicating a strong perceived value for its size, age, and location.
2. What does the 2022 sale price tell us?
The sale in the $600k-$650k range provides a recent market benchmark. It suggests a stable or appreciating value trajectory relative to its assessed value, offering a concrete data point for current pricing considerations.
3. Is the lot size a significant feature?
Yes. At nearly 7,800 sqft, the lot is substantially larger than the Winnipeg average of about 6,570 sqft. This offers more privacy, yard space, and potential for outdoor living or gardening compared to many newer subdivisions.
4. What are the less obvious advantages of a 2006 build?
A home from this era often benefits from modern building codes and energy efficiency standards, while being past the initial "shakedown" period where any construction defects typically surface. It represents a sweet spot between contemporary amenities and proven durability.
5. Who are the most logical neighbouring buyers for this property?
Given its profile, likely interest could come from growing families already in Linden Ridge seeking a newer, spacious home without leaving the neighbourhood, or from city-wide buyers seeking an established community with more modern housing stock than older central neighbourhoods typically offer.