190 Ridgedale Crescent is a spacious, two-storey family home built in 1980, situated on an exceptionally large lot in Winnipeg's Ridgedale neighbourhood. Its primary appeal lies in the combination of generous indoor and outdoor space, offering room to grow and a sense of privacy that is increasingly rare. The home features over 2,300 square feet of living space, a finished basement, and an attached garage, all set on a lot of approximately 13,474 square feet—a standout feature that places it in the top 3% of Winnipeg for land size.
This property is ideally suited for buyers who prioritize space over turn-key modernity. It’s a strong match for growing families seeking a large backyard for children and pets, or for anyone valuing expansive outdoor potential for gardens, recreation, or future additions. The home also appeals to value-conscious buyers looking for a property with solid fundamentals—significant lot size and above-average living space—where they can personalize and update the interior over time. The rankings suggest it offers more house and land for the price compared to most of the market, but likely requires a willingness to invest in a home of its era.
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What is the true value of such a large lot?
Beyond the obvious privacy and play space, a lot of this size (ranking in the top 3% in Winnipeg) offers long-term flexibility. It provides room for potential expansions like a deck, workshop, or pool, and may offer future subdivision potential, subject to municipal zoning and approvals.
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What should I expect regarding updates and maintenance?
As a home built in 1980, major systems like the roof, windows, furnace, and plumbing are at an age where they may need evaluation, repair, or replacement. While the basement is finished, the style and materials likely reflect its original era. The assessment value provides a tax baseline, but a buyer's budget should account for both immediate updates and ongoing maintenance.
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How do the neighbourhood rankings translate to daily life?
The rankings show the home is on a street with mostly larger, older properties, and within a mature community. It surpasses most Winnipeg homes in size, but is more average within its immediate neighbourhood. This suggests a stable, established area without the premium of a newer subdivision.
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Is the finished basement a legal suite?
The listing notes a finished basement but does not specify a separate entrance or kitchen facilities. It should be assumed it is not a legal secondary suite unless verified with the seller and city documentation. It currently functions as additional living space.
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Why is there a difference between the assessed value and the listing price?
The municipal assessment ($631,000) is for tax purposes and lags behind the current market. The listing price is set by the seller based on recent sales, perceived value (especially the lot size), and market conditions. The assessment indicates a strong tax base, but the sale price will be determined by what buyers are willing to pay for this unique property.