Property Overview: 15 Ridgebury Place, Linden Woods
Key Characteristics & Appeal
This home at 15 Ridgebury Place is a well-established property in the desirable Linden Woods neighbourhood, built in 1990. Its primary appeal lies in its consistently above-average standing across multiple scales. With 2,353 square feet of living space, it ranks within the top 15% on its own street and the top 4% city-wide, offering substantial interior room compared to the average Winnipeg home. The assessed value of $674,000 follows a similar pattern, placing it in the top 5% city-wide, indicating a perception of solid value and desirability.
The home’s strength is its balanced, high-tier performance. It isn’t necessarily the absolute largest or newest on its block, but it consistently outperforms broader averages, suggesting a property that has held its appeal and utility over time. The lot size is generous and typical for the area, providing ample outdoor space. Recent sale history shows significant value growth, with the last sale in 2023 in the $700k-$750k range.
This property would best suit buyers looking for a move-in ready, spacious family home in a prime neighbourhood without venturing into the ultra-luxury or brand-new construction market. It’s ideal for those who value neighbourhood prestige and proven, stable investment over a modern custom build or a fixer-upper project.
Frequently Asked Questions
1. How does this home truly compare to others in Linden Woods?
The data shows it is above average for the neighbourhood in key metrics like living area and assessed value. While there are larger or newer homes in Linden Woods, this property sits comfortably in the top third for size and value, offering a strong, established presence without being an outlier.
2. What does the sale history tell us about its value?
The home has appreciated considerably, from the $500k-$550k range in 2016 to $700k-$750k in 2023. This growth trajectory outpaces average city increases, underscoring the enduring demand for homes in this specific area and of this caliber.
3. Is a 1990-built home considered modern or dated?
Built in 1990, the home is newer than the Winnipeg city average. While not a new build, this era often means well-proven construction and more modern layouts than much older homes, though some systems or interior finishes may be due for updates based on personal taste.
4. Why is the assessed value different from the recent sold price?
The assessed value ($674,000) is for municipal tax purposes and often lags behind the current market. The 2023 sold price provides a more recent market benchmark. The fact that the sold price was significantly higher than the assessment is common in high-demand neighbourhoods.
5. How can I get the exact sold price instead of a range?
The exact sale price is not publicly listed in Manitoba. You can request it directly via the provided email form. The service is manual, but they aim to provide the accurate figure by the end of the same day without using your email for marketing.