Property Overview: 181 Ridgedale Crescent
This two-storey home in Winnipeg's Ridgedale area presents a unique and substantial offering. Its primary appeal lies in the exceptional combination of a large, private lot and extensive finished living space, a rarity in the city. The property sits on over 21,000 square feet of land, placing it in the top 1% of Winnipeg for lot size, offering unparalleled space for gardening, recreation, and privacy. The 2,454 sqft interior includes a finished basement, providing ample room for a growing or multi-generational family. Additional features like an in-ground pool and an attached garage complement the lifestyle package. Built in 1980, the home is well-established within a mature neighbourhood.
This property is ideally suited for buyers who prioritize space and outdoor potential over a brand-new build. It’s a strong match for those seeking a "forever home" with room to customize, for families desiring a resort-like backyard with a pool, or for anyone who values the quiet, settled character of a mature community. The stats suggest it's a standout property within its immediate area and a truly exceptional one city-wide, likely appealing to a buyer looking for a long-term investment in both home and land.
Frequently Asked Questions
1. What is the true value of such a large lot?
Beyond privacy and space, a lot of this size (nearly half an acre) offers long-term flexibility. It allows for potential expansions like a large workshop, sport court, or extensive landscaping that smaller parcels cannot accommodate, making it a permanent asset.
2. How should I interpret the provided rankings?
The rankings compare this home to others on its street, in Ridgedale, and across all of Winnipeg. For example, being in the top 1% for lot size city-wide highlights its rarity. These figures help contextualize its market position beyond just the listing price.
3. What are the considerations with a 1980s-built home and a pool?
A home of this age may have original components, like windows or the roof, that could need attention or updating. The pool is a fantastic amenity but requires seasonal maintenance, winterization, and carries associated operational costs that should be factored into the budget.
4. Is the finished basement included in the 2,454 sqft living area?
Typically, living area (sqft) refers to above-grade space. The finished basement is an additional bonus area, significantly increasing the total usable square footage of the home beyond the listed 2,454 sqft.
5. What does the assessment value tell me about the listing price?
The municipal assessment of $785,000 is for tax purposes and reflects a mass appraisal from a prior date. It's a useful data point, but the market value (listing price) is determined by current market conditions, the property's unique features, and recent sales of comparable homes.