Property Overview: 17 Oakdale Drive, Ridgedale, Winnipeg
Key Characteristics & Appeal
This property is defined by its generous scale and established presence in the Ridgedale neighbourhood. Its primary appeal lies in offering substantial space on a large, private lot. The nearly 2,500 sqft of living space in a single-storey layout is a standout feature, ranking within the top 6% of its street and top 3% city-wide, providing excellent flow and accessibility. The fully finished basement adds significant functional space. Sitting on over 17,000 sqft of land (ranking in the top 2% in Winnipeg), the lot offers exceptional outdoor potential, from gardening to recreation, with a notable degree of privacy uncommon in the city.
Its 1968 build date places it in a mature setting with established landscaping, appealing to those who value character over new construction. The rankings reveal a compelling value proposition: while the home itself is spacious and highly rated for its footprint and assessed value, its age is reflected in lower "newness" rankings. This creates an opportunity for buyers comfortable with the maintenance of an older home in exchange for a premier lot size and interior volume. It perfectly suits a family or multi-generational household seeking room to grow indoors and out, or a buyer looking for a long-term property with the space to customize and renovate over time.
Frequently Asked Questions
1. What does the high ranking for land size actually mean for a buyer?
It means this property offers a level of outdoor space and privacy that is increasingly rare in Winnipeg. The lot is larger than 98% of properties in the city, providing ample room for additions like a large deck, workshop, or extensive gardens without compromising yard space.
2. The home ranks highly for size but lower for age. What should I consider?
This indicates you are purchasing a very spacious and well-sized home that will likely require thoughtful updates. Systems like plumbing, electrical, and the roof should be carefully inspected, as the core structure is 58 years old. The value is in the enduring layout and lot, not in new finishes.
3. Is the single-storey (one storey) layout a positive?
For many, yes. It offers excellent accessibility and avoids the need for frequent stair use, which can be ideal for young children, aging in place, or simply for easier day-to-day living. The finished basement effectively adds a second living level when desired.
4. How does the assessed value compare to the likely asking price?
The municipal assessment of $743,000 is a strong baseline, ranking in the top 3% city-wide. It reflects the city's valuation of the property's size and lot. The final sale price will be determined by market conditions, the property's current condition, and buyer demand for these unique space characteristics.
5. The neighbourhood rankings are strong for size/value but mixed for age. What’s the community like?
Ridgedale is an established, mature neighbourhood. The high rankings for property and lot size suggest it's an area of larger, well-spaced homes. The lower "newness" ranking confirms the area's developed character, appealing to those seeking stability and mature greenery over brand-new developments.