Property Overview: 30 Ocean Ridge Drive, Linden Ridge
Key Characteristics & Appeal
This well-established home, built in 2002, offers a comfortable 2,254 sqft of living space on a 6,360 sqft lot in the Linden Ridge neighbourhood. Its primary appeal lies in its strong citywide value proposition. While the home is fairly typical for its immediate street and area in terms of size and assessed value, it stands out significantly when viewed across the entire city. It ranks within the top 6% for living area and the elite top 3% for assessed value citywide, indicating a substantial amount of house for the price compared to the Winnipeg average.
The property suits buyers looking for a spacious, turn-key home in a mature suburban setting without the premium often attached to newer developments. It’s ideal for those who prioritize interior space over a large yard, as the lot is more compact than others in Linden Ridge. A thoughtful perspective is that this home represents a "value anchor" in its neighbourhood—it offers the established community and amenities of Linden Ridge at a assessment level that is highly competitive on a city scale, potentially appealing to savvy buyers comparing across different areas.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
Citywide, this home is in an elite position. Its assessed value places it in the top 3% of all Winnipeg properties, meaning it offers a high value relative to its official valuation when compared to the typical city home.
2. Is the lot size a disadvantage?
The lot is smaller than the average for both Ocean Ridge Drive and the broader Linden Ridge area. This could be a consideration if extensive outdoor space or privacy is a top priority. However, it also means less yard maintenance and may contribute to the home’s efficient and attractive citywide value ratio.
3. What does the sold price history indicate?
The home sold for between $550,000 and $600,000 in 2018. This historical price, significantly above the current assessed value of $75,700, highlights the substantial difference between market price and municipal assessment for tax purposes, which is common. Exact sale prices are available upon request.
4. Who would this neighbourhood suit best?
Linden Ridge is a mature, family-friendly community with parks and schools. This home would suit established families or professionals seeking space and stability in a settled area with easy access to major routes, rather than those seeking a brand-new construction or a bustling urban scene.
5. The home was built in 2002. What should I consider?
A 24-year-old home is past its initial builder warranty period but is not considered historic. Buyers should pay standard attention to the condition of major systems (roof, HVAC, windows) and potential updates to kitchens and bathrooms, which may be due for refreshment based on original finishes. Its age is actually above average compared to the typical Winnipeg home.