Section 1: Property Overview
This home at 91 Tangle Ridge Crescent in Linden Ridge is a well-sized, early-2000s property that presents a compelling value proposition. Its key appeal lies in the balance it strikes: it offers above-average citywide square footage (1,960 sq ft) on a good-sized lot (over 7,000 sq ft), yet carries a below-average assessed value for its immediate street and neighbourhood. This suggests a potential opportunity for value-conscious buyers seeking space in a mature, established area.
Built in 2005, the home is relatively modern compared to the Winnipeg average, likely requiring fewer immediate major updates. While its living area and lot size are more modest compared to some immediate neighbours, it ranks highly against the broader city market. This profile would suit first-time move-up buyers, small families, or practical downsizers who prioritize functional interior space and a manageable yard over having the largest property on the block. Its value-centric metrics also make it a sensible candidate for buyers focused on long-term equity growth in a stable neighbourhood.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home sold for between $550k-$600k in 2020. Its current assessed value is significantly lower at $66,400. It’s important to understand that municipal assessed value for tax purposes is not a market valuation; the sale price will be determined by current market conditions.
2. Is the lot size a disadvantage?
While the lot is below the street average, it is still a generous 7,033 sq ft and is larger than the typical Winnipeg lot. It provides ample outdoor space for gardening, play, or entertaining without the maintenance burden of an exceptionally large yard.
3. What does the "above-average citywide" ranking really mean?
This statistic highlights that for buyers comparing options across all of Winnipeg, this home offers more living space and a newer build year than roughly 85-88% of the market. It’s a perspective that frames the property as a strong contender in the wider city context, not just its immediate circle.
4. Why is there a range for the 2020 sold price instead of an exact figure?
Exact sale prices in Manitoba are not publicly posted online. The range is estimated from public data. The precise sale price can be provided upon request to ensure accurate historical comparison.
5. Who might this home not suit?
Buyers seeking a premium, top-tier lot size or the largest home within the Linden Ridge area may find better options. It’s ideal for those who see the appeal in a solid, spacious home that represents efficient value rather than a standout luxury property on its street.