Property Overview: 26 Laurel Ridge Drive, Linden Ridge
Key Characteristics & Appeal
This home is defined by its generous space and premium lot. With 2,440 sqft of living area, it ranks in the top 12% on its street and the top 3% city-wide, offering significantly more interior room than the average Winnipeg home. Its most standout feature is the 9,812 sqft lot, which is in the elite top 5% on Laurel Ridge Drive, providing exceptional outdoor space and privacy for the neighbourhood.
The appeal lies in this combination of a spacious, well-sized home on a truly large, established lot—a pairing that is increasingly rare in newer subdivisions. Built in 2002, the home is newer than most in the city but is one of the older homes on its street, suggesting a mature, settled streetscape. The assessed value of $740k positions it as a premium property in the area, yet it holds strong value city-wide, ranking in the top 3%.
This property would best suit buyers who prioritize generous indoor and outdoor space over a brand-new build. It’s ideal for families seeking room to grow, entertain, and enjoy privacy in a mature neighbourhood. The value proposition is clear: you are paying for land and square footage in a desirable area, not for the latest finishes or a recent construction year.
Frequently Asked Questions
1. How does the 2002 build year affect the home?
While newer than most Winnipeg homes, it’s among the older on this street. Buyers should expect potential updates to elements like roofing, windows, or major systems, but also benefit from established landscaping and a settled neighbourhood feel.
2. Is the assessed value a reliable indicator of the likely selling price?
The $740k assessment is a strong benchmark, placing the home well above local and city averages. Given the premium lot size and living area, it’s a key data point, but market conditions and the home’s specific condition will ultimately determine the sale price.
3. What does the lot size mean practically?
At nearly 10,000 sqft, the lot is substantially larger than those of neighbours and most city homes. This allows for greater potential for additions, pools, extensive gardens, or simply more recreational space with a sense of seclusion.
4. The home sold between $600k-$650k in 2019. What does that history suggest?
The prior sale price shows significant equity growth has likely occurred, reflecting strong market appreciation. It also indicates the property has changed hands relatively recently in its lifespan, which can be a positive sign of its desirability.
5. Who might this home not suit?
Buyers seeking a modern, turn-key property with contemporary open-concept layouts and new appliances may find the 2002 floorplan and potential need for updates less appealing. It’s also a premium investment, so it’s less suited for first-time buyers or those with a strict budget below the area’s average.