Property Overview: 152 McQuaker Drive, Ridgedale, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1969, situated on a very generous and rare 9,670 sqft lot in Ridgedale. Its key features include 1,340 sqft of living space, a finished basement, and an attached garage. The primary appeal lies in its exceptional land size, offering significant space and privacy uncommon in many city neighbourhoods. The home itself presents a solid, move-in-ready foundation with room for personal updates.
Its standout characteristic is the land. The lot size ranks in the top 7% of all Winnipeg, making it a prime asset for buyers who value outdoor space for gardening, recreation, or future expansion. While the house ranks average to below average within its immediate community for size and age, its overall assessed value places it in the top 22% city-wide, suggesting the property is valued for its total package—land plus dwelling.
This property would best suit practical buyers looking for a long-term home on a quiet street, where the land itself is a major investment and lifestyle feature. It’s ideal for those who want room to breathe without leaving the city, or for future-minded owners who see the potential in a large lot. It’s less suited for those seeking a modern, newly-built home or top-tier finishes without a renovation project.
Frequently Asked Questions
1. What is the true draw of this property if the house itself isn't the largest or newest on the block?
The unparalleled value is in the land. The lot is significantly larger than most in Winnipeg, offering rare potential for expansion, landscaping, or simply enjoying substantial private outdoor space that is increasingly hard to find.
2. The home was built in 1969. What should I expect regarding maintenance or updates?
While the home is maintained and livable, a buyer should budget for updates typical of its era, such as windows, roofing, or mechanical systems. The finished basement is a plus, but its condition and compliance with current codes should be verified.
3. How does the assessment value compare to the asking price?
The current assessment is $470,000, which ranks in the top 22% in Winnipeg. This indicates the city assesses the property’s combined land and dwelling value highly. The asking price will reflect current market conditions, but the assessment is a strong data point confirming the asset's underlying value.
4. Is the large lot a burden for maintenance, or an opportunity?
It can be both. It requires more effort for lawn care and landscaping than a standard lot. However, it presents opportunities not available elsewhere: potential for a large garden, adding a detached workshop or garage, or creating expansive outdoor living areas.
5. The community rankings for the house size are low. Does that mean it's too small?
Not necessarily. The rankings are comparative within a specific area. With 1,340 sqft plus a finished basement, the home offers functional space for a family. The lower ranking highlights that many neighbouring houses are larger, but it doesn't mean this home is inadequate—it emphasizes that the property’s worth is weighted more toward its land than its square footage.