Property Overview & Key Characteristics
This property at 160 Ridgedale Crescent is a substantial and well-established family home in Winnipeg's Ridgedale area. Built in 1980, it sits on a very large, private lot of nearly 15,000 sqft, which ranks in the top 2% of all properties in Winnipeg for size. The home itself is a spacious one-and-a-half storey with a finished basement, offering nearly 3,000 sqft of living space, placing it in the top 1% for interior size citywide. Key features include an in-ground swimming pool and an attached garage.
Its primary appeal lies in the exceptional combination of generous indoor and outdoor space, offering privacy and room for recreation or gardening that is rare in the city. The home suits buyers looking for a established, large property where the value is heavily anchored in the land itself. It would be ideal for a family seeking room to grow, entertain, and enjoy a resort-like backyard, or for those who prioritize lot size and interior square footage over a newer build. A thoughtful perspective is that while the house is 46 years old, its standout rankings for both lot and living area size suggest it is a legacy property in its neighborhood—a plot of land with a house, rather than just a house on a plot.
Frequently Asked Questions
1. What is the significance of the "rankings" provided?
The rankings compare this property against others on its street, in its community, and across all of Winnipeg for metrics like size, age, and assessed value. For example, being in the top 2% for lot size citywide objectively highlights the rarity and scale of the land.
2. Is the pool a major factor in the maintenance and cost?
Yes, an in-ground pool requires seasonal opening/closing, regular cleaning, chemical balancing, and winterization. Prospective buyers should budget for these ongoing costs and consider the utility expenses during summer months.
3. The home was built in 1980. What should I be aware of?
While systems like the roof, windows, furnace, and plumbing may have been updated over the years, a home of this age will likely require a thorough inspection. Attention should be paid to the condition of original components and to updates that align with modern building standards.
4. The assessed value is noted at $838,000. How does this relate to the listing price?
The assessed value is for municipal tax purposes and is not a direct indicator of market value. The listing price is set by the seller based on current market conditions, recent comparable sales, and the home's specific features. The two figures can differ.
5. Who would this property not suit as well?
It may not suit buyers seeking a modern, low-maintenance, or brand-new "turn-key" home. The size of the lot and the pool entail significant upkeep, and a home of this age may require more hands-on attention or renovation projects compared to a newer build.