Property Overview: 210 Ridgedale Crescent
This is a distinctive bi-level home in Winnipeg's Ridgedale area, sitting on an exceptionally large, private lot of nearly half an acre (18,759 sqft). Built in 1970, the 1,295 sqft home features a finished basement, an in-ground pool, and an attached garage. Its appeal lies in the rare combination of a spacious, park-like yard and recreational amenities within the city, offering a resort-like retreat. The property ranks highly for its lot size, placing in the top 2% city-wide, though its living space is more modest in comparison to others in the immediate area.
This home would best suit buyers who prioritize expansive outdoor living and privacy over a large interior footprint. It's ideal for families or entertainers who envision summers by the pool, gardening, or simply enjoying a vast green space. The property also presents a solid value proposition for those looking to invest in land, with the home itself offering functional living space ready for personal updates over time.
Frequently Asked Questions
1. How does the lot size compare to a typical Winnipeg property?
The lot is exceptionally large at 18,759 sqft, placing it in the top 2% of all properties in Winnipeg. It offers a level of privacy and outdoor potential that is very uncommon within the city.
2. Is the pool a major factor in the home's value and upkeep?
Yes. The in-ground pool is a significant lifestyle feature and a key part of the property's recreational appeal. Buyers should factor in the ongoing maintenance, seasonal opening/closing costs, and potential insurance implications.
3. The home's living space ranks lower in the neighborhood. What does that mean?
The 1,295 sqft of living space is below the average for both the street and the wider Ridgedale community. This indicates the property's primary value is in its land and outdoor amenities, with the home serving as a comfortable but not oversized base.
4. What is the significance of the "bi-level" design?
A bi-level typically means split entry, with living areas on two levels. This can offer good separation of space (e.g., bedrooms on one level, living on another) but may involve more stairs than a bungalow. The finished basement adds to the usable living area.
5. The assessed value seems high relative to some rankings. Why?
While the home's size and age rank moderately, the assessed value of $549,000 ranks in the top 12% city-wide. This reflects the significant premium assigned to the massive, prime lot and the added value of features like the pool and finished basement.