Property Overview & Appeal
This well-established home on Cherry Ridge Lane in Linden Ridge offers a balanced proposition. Built in 2004, it presents a modern layout without the unknowns of a brand-new build. Its key strength is its generous 2,203 sqft of living space, which is notably above the city-wide average, providing ample room for family life. The property sits on a 6,736 sqft lot, which is a comfortable size for the neighbourhood.
The appeal lies in its proven stability and above-average positioning. With an assessed value that ranks in the top 3% city-wide, it represents a substantial property in the broader Winnipeg market. Recent sold price data suggests strong, consistent value retention. It’s a home that suits buyers looking for space and established community character over a brand-new construction project, ideally those who appreciate a home that has stood the test of time but still feels contemporary.
A thoughtful perspective: while its lot size is slightly below average for Linden Ridge, this often translates to less yard maintenance without sacrificing private outdoor space. Additionally, its "around average" rankings on its own street indicate it fits seamlessly into the area—there are no extreme outliers in size or value, which can be a sign of a stable, cohesive neighbourhood.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
Its assessed value places it in the elite top 3% of all residential properties city-wide, indicating it is a substantial, above-average asset in the broader market.
2. Is the lot size a drawback?
While the lot is slightly below the average for the Linden Ridge area, it is still above the Winnipeg city average. It provides a balanced yard space that is manageable without feeling cramped.
3. What does the sold price history indicate?
The home has sold twice in recent years (2022 and 2023) within the same price range, suggesting a stable and well-established market value with consistent demand.
4. How modern is the home given its age?
Built in 2004, the home is newer than approximately 85% of properties in Winnipeg. It offers a modern floor plan and infrastructure, likely avoiding the major replacement costs associated with much older homes.
5. Where can I see more detailed neighbourhood comparisons?
You can open the dedicated neighbourhood analysis page for a map and detailed comparisons of nearby homes by year built, living area, assessed value, and lot size.