Property Overview: 42 Castle Ridge Drive, Linden Ridge
Key Characteristics & Appeal
This 2002-built home in Linden Ridge presents a compelling mix of space, value, and location. Its primary appeal lies in its generous 12,804 sqft lot, which ranks within the top 3-5% city-wide, offering exceptional outdoor space and privacy for the area. The 1,998 sqft living area is above the city average, providing ample room for a family. While its assessed value is modest compared to its immediate street, this positions the home as a strong value proposition within the wider Linden Ridge neighbourhood and an elite value compared to the entire city. The home last sold in the $550k-$600k range in 2018.
This property would suit buyers prioritizing land size and living space over a premium street address. It’s ideal for a growing family seeking a large yard, or for value-conscious purchasers who understand that a lower assessment on its street can translate to long-term tax savings and potential equity growth as the area evolves. It’s a practical choice for those who find more appeal in the utility of space than in status.
Frequently Asked Questions
1. Is the assessed value unusually low?
Yes, compared to other homes on Castle Ridge Drive. However, it is above average for the broader Linden Ridge area and is considered an elite value city-wide. This can be advantageous for municipal property taxes.
2. How does the lot size compare to typical Winnipeg homes?
The lot is exceptionally large. At nearly 13,000 sqft, it is more than double the city-wide average lot size and ranks in the top 3% of all properties in Winnipeg.
3. What does the "Top X%" ranking mean for the living area?
The living area is above average (top 11%) compared to all Winnipeg homes. On its own street and in Linden Ridge, it is slightly below or around average, indicating the immediate area consists of larger homes, but it remains a spacious property overall.
4. Can I get the exact historical sale price?
The public data shows a sale range of $550,000-$600,000 in 2018. The listing service states you can email them to request the precise sale price, which they provide manually without using your email for marketing.
5. What is the neighbourhood like for similar homes?
Linden Ridge features homes with above-average lot and living space. This property’s lot size is in the top 5% of the neighbourhood, meaning it offers more land than 95% of comparable area properties, which is its standout feature.