Property Overview
47 Ridgebury Place presents a unique profile within Winnipeg’s desirable Linden Woods neighbourhood. Its appeal lies in its established, mature setting and its position as a well-sized home on a good lot within a sought-after area. The data suggests a property that offers above-average city-wide value, while presenting a more modest footprint within its immediate, affluent street.
Key Characteristics & Suitability
The home, built in 1991, is one of the newer properties on its street, offering modern construction fundamentals. With 1,811 sqft of living space, it is notably cozier than the larger homes typical on Ridgebury Place, but still sits well above the Winnipeg average. This creates an interesting dynamic: it provides the prestige and location of Linden Woods in a more manageable, potentially efficient package. The 6,199 sqft lot is generous for the area and well above the city norm.
Its assessed value is notably strong city-wide, ranking in the top 7%, indicating solid inherent value. Recent sale history shows steady appreciation. This property would ideally suit downsizers or smaller families seeking entry into Linden Woods without the upkeep of a maximized lot or a very large home. It also appeals to value-focused buyers who prioritize location and land size over sheer interior square footage, recognizing that the "above average" city metrics come with a Linden Woods address.
Frequently Asked Questions
1. How does the size of this home compare to others in Linden Woods?
At 1,811 sqft, the living area is around the neighbourhood average but is below average for its specific street. This often means a more efficient layout and potentially lower utility costs compared to the street's largest homes, while still providing ample space.
2. The assessed value seems low compared to recent sale prices. Why is that?
Manitoba assessed values for tax purposes often lag behind current market values. The home's city-wide ranking in the top 7% for assessed value confirms its strong underlying value, but the actual market price is determined by recent sales, demand, and condition.
3. What are the advantages of it being one of the newer homes on the street?
A 1991 build means potentially fewer concerns with major aging components (like roofing or foundational systems) compared to much older homes, and it likely benefits from more contemporary wiring, insulation, and window standards.
4. Is the lot size typical for the area?
Yes. At just over 6,000 sqft, the lot is slightly above average for the street and solidly above average for Winnipeg. It provides excellent outdoor space while remaining manageable for maintenance.
5. Where can I see more detailed comparisons with nearby properties?
You can use the provided link to open the neighbourhood map analysis, which visually compares this property to its immediate neighbours by year built, living area, assessed value, and lot size.