Property Overview & Key Characteristics
This 1993-built two-storey home in Ridgedale offers a compelling blend of space, established character, and a prime location. Its primary appeal lies in its generous 3,177 sqft of living area, which places it within the top 1% of homes in Winnipeg for size, providing ample room for a growing or multi-generational family. The property sits on a large, approximately 11,124 sqft lot, offering significant outdoor space in a mature neighbourhood. A finished basement and an attached garage add to its functional layout.
Beyond the impressive metrics, the home’s value is underscored by its strong relative standing. It ranks in the top 4% of all Winnipeg properties for lot size and the top 1% for both living area and assessed value, suggesting a property that outperforms the vast majority of the market on key dimensions. It suits buyers looking for a substantial, move-in-ready home in a well-established area, who prioritize interior space and a large yard over a brand-new build. It would particularly appeal to those who value statistical evidence of a property's competitive edge within its locale.
Frequently Asked Questions
1. What does the ranking data (e.g., "top 1%") actually mean?
This data compares the home against all other properties in Winnipeg, its neighbourhood, and its specific street on factors like size and assessed value. For example, being in the "top 1% for living area" means 99% of homes in the city are smaller. It's a quantitative way to confirm the property's standout characteristics.
2. The house was built in 1993. What should I consider?
A home of this age is likely past its initial major systems warranties but is also settled into its lot. Prospective buyers should prioritize a thorough inspection of the roof, windows, HVAC, and plumbing, which may be nearing or at a typical lifespan, while also appreciating the established landscaping and mature neighbourhood feel.
3. Who is the typical buyer for this home?
Given the space and lot size, it's ideally suited for families needing multiple bedrooms and living areas, or those who work from home and desire dedicated office space. Its rankings suggest it also attracts value-conscious buyers who appreciate a property that demonstrably exceeds market averages.
4. How does the finished basement contribute to the living space?
The finished basement effectively adds versatile square footage that can serve as a recreation room, home gym, secondary living area, or guest space. It significantly enhances the home's functional capacity beyond the already substantial main living areas.
5. The lot is large, but what about maintenance?
An 11,124 sqft lot offers great potential for gardening, play, or expansion, but also requires considerable upkeep for lawn care, landscaping, and seasonal chores. Buyers should weigh the benefits of space and privacy against the ongoing time and cost of maintenance.