Property Overview: 31 Linden Ridge Drive
Key Characteristics, Appeal & Ideal Buyer
This well-situated family home at 31 Linden Ridge Drive presents a compelling mix of space, modernity, and value. Built in 2005, it offers a contemporary layout within a mature neighbourhood. With 1,762 sqft of living area, the home provides ample room for daily life, ranking above the city-wide average for size. Its lot of 6,675 sqft offers good outdoor space, also larger than the typical Winnipeg property.
The primary appeal lies in its exceptional value proposition within the broader city context. While its size and assessed value are fairly typical for the immediate street and Linden Ridge area, it stands out significantly city-wide. The home’s assessed value places it in an elite tier compared to all Winnipeg properties, suggesting a potentially attractive entry point into a desirable neighbourhood. This creates an opportunity for buyers to acquire a modern home in a established community without the premium often found in newer subdivisions.
This property would best suit practical buyers looking for a move-in ready, modern home without extreme property taxes. It’s ideal for growing families or professionals who value the space and contemporary features of a 2000s build, combined with the settled feel of Linden Ridge. It also appeals to value-conscious purchasers who recognize the advantage of a home that performs well on city-wide metrics while being priced in line with its immediate neighbours.
Frequently Asked Questions
1. How does this home’s value compare to the rest of Winnipeg?
The assessed value is in the top 4% city-wide, meaning it is considered elite value compared to the average Winnipeg home. This indicates the property offers a lot of house for the price relative to the broader market.
2. Is the living space smaller than other homes on the street?
Yes, at 1,762 sqft, it is below the average for Linden Ridge Drive itself. However, it remains above the city-wide average for living area, offering a good balance of manageable size and ample room.
3. What does the sold price range from 2024 indicate?
The sold price range of CA$650k–700k in 2024 provides a recent market benchmark. It shows the home trades significantly above its assessed value, which is common, and confirms strong buyer demand in the area.
4. How does the lot size impact the property?
At 6,675 sqft, the lot is smaller than others in Linden Ridge but larger than the typical Winnipeg lot. This translates to less yard maintenance than some neighbours, while still providing decent private outdoor space.
5. Why is the year built (2005) an advantage?
A 2005 build means major components like the roof, windows, and mechanical systems are likely still within or approaching their mid-life, potentially reducing immediate major repair costs compared to much older homes. It also suggests a modern floor plan.