Property Summary: 70 Ocean Ridge Drive, Linden Ridge
Section 1: Key Characteristics & Appeal
This home at 70 Ocean Ridge Drive presents a compelling blend of space, value, and location. Its primary appeal lies in its generous 2,410 sqft living area, which ranks within the top 4% of homes city-wide, offering significantly more interior space than the average Winnipeg residence. Built in 2002, it is a relatively modern home compared to the city's overall housing stock, yet it sits on a solidly sized 7,407 sqft lot that provides ample outdoor space.
The property's assessed value positions it as an above-average home within the Linden Ridge area and an elite-level property in the broader city context, suggesting a strong perceived value for its offering. A key, less obvious perspective is its potential as a "space-value proposition": you are acquiring a home with city-elite square footage in a established, desirable neighbourhood without necessarily paying a premier, top-tier street price. This home would ideally suit growing families or professionals seeking spacious, modern living without venturing into brand-new, premium-priced subdivisions. It also appeals to the value-conscious buyer who prioritizes interior space and a stable neighbourhood over having the newest home on the block.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value is for municipal tax purposes and is typically lower than market value. The home's last recorded sale was in the $750k-$800k range in 2022, which is a more relevant indicator of its market worth.
2. Is the 2002 build date a concern?
While it's not a new build, a 2002 construction is newer than most Winnipeg homes. It likely means modern building standards and infrastructure, but major components like the roof, HVAC, or windows may be nearing or due for proactive inspection or updates.
3. What does the ranking data actually tell me?
The rankings show how this property compares to others. Crucially, it highlights that this home offers far more interior space (top 4% city-wide) than is typical, which is a significant advantage, even if its lot size and age are more average for its immediate neighbourhood.
4. Who would this property not suit as well?
Buyers seeking a brand-new, custom-built home or a massive, estate-sized lot might find other options more fitting. Similarly, those looking for a minimal-maintenance property or the absolute newest interior finishes should be prepared for potential updates.
5. How can I get the exact historical sale price?
The exact sold prices are not publicly displayed in detail. You can request the precise history by emailing the listing service through the provided button; they provide this data manually without marketing spam.