Property Overview: 54 William Marshall Way
This spacious two-storey home in Ridgedale presents a compelling opportunity for buyers seeking space, established comfort, and a strong value proposition. Built in 1997, it sits on a large, approximately 8,290 sqft lot and offers over 2,300 sqft of finished living space, including a developed basement. Key features include a private in-ground pool and an attached garage. Its appeal lies in the rare combination of a generous property size and a home that ranks in the top tier of Winnipeg for both living area and assessed value. The data suggests it's a property that has historically commanded a premium, evidenced by its 2022 sale price and current assessment significantly above area averages.
It would suit a family or multi-generational household looking for room to grow and entertain in a mature neighbourhood. It's also a fit for value-conscious buyers who appreciate tangible metrics; the home's strong rankings for size and worth relative to the entire city indicate a solid underlying asset, not just neighbourhood appeal. A less obvious perspective is that a home of this age is now entering a phase where strategic updates can personalize it and enhance its value, offering the next owner a chance to put their own stamp on a well-founded property.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this home against others on its street, in Ridgedale, and across all of Winnipeg for specific metrics. For example, ranking in the top 4% of Winnipeg for living area confirms its exceptional size. The "top 10%" ranking for its 2022 sale price indicates it was a premium transaction city-wide.
2. Is the pool a major added cost?
While a fantastic private amenity, an in-ground pool does require ongoing maintenance, seasonal opening/closing, and will impact insurance and utility costs. It's a source of enjoyment but also a commitment that buyers should budget for.
3. The home was last sold in 2022. Why is it back on the market?
This isn't uncommon and isn't inherently a red flag. Life circumstances—job changes, family needs—can prompt a quick move. A key point is that the current assessed value ($944,000) remains close to that recent purchase price ($1.053M), suggesting market stability for the property.
4. What might "dated" mean for a 1997 home?
Homes from this era are often structurally sound but may feature original finishes like oak cabinets, specific tile work, or floor plans that feel compartmentalized compared to today's open concepts. This can be seen as a blank canvas for gradual modernization.
5. How does the large lot size benefit me?
Beyond space for the pool and garden, a lot of this size (ranking in the top 10% city-wide) offers long-term flexibility. It provides privacy, room for additions like a shed or deck, and is a land-value asset that is increasingly rare in mature neighbourhoods.