6 Oakgrove Bay

Property Overview: 6 Oakgrove Bay, Winnipeg

Key Characteristics & Appeal

This is a spacious, well-established single-family home in Winnipeg's Ridgedale neighborhood. Built in 1994, its primary appeal lies in its generous proportions and mature setting. The nearly 10,000 sqft lot provides significant outdoor space, a rarity that offers privacy and room for gardening or recreation. With over 2,700 sqft of living space, a finished basement, and an attached garage, it caters perfectly to those needing ample room.

Its strongest suit is space and established value. The home ranks in the top tiers city-wide for lot size, living area, and assessed value, indicating a property that stands out in scale and municipal valuation. This isn't a starter home; it's for buyers who have outgrown smaller lots and seek a long-term family base. The appeal is for those who value room to breathe over brand-new finishes, and who appreciate a neighborhood with mature landscaping. It would suit a growing family, someone who enjoys gardening or outdoor living, or a buyer looking for a property with solid underlying value in a quiet, established area.

Frequently Asked Questions

1. What is the neighborhood (Ridgedale) like?
Ridgedale is a mature, established residential community in Winnipeg. It typically features larger lots, older tree canopies, and a quiet, family-oriented atmosphere, often appealing to those seeking a settled environment rather than new construction.

2. Is the basement a legal suite?
The listing states the basement is finished, but it does not specify it as a legal secondary suite. A buyer should verify its compliance with local zoning and building codes if considering rental income potential.

3. How does the 1994 build year affect the home?
A home of this age may have major components, like the roof, windows, or HVAC system, approaching or due for replacement. This presents both a consideration for future upkeep and a potential opportunity to update systems to personal preference.

4. What do the high assessment value and rankings mean?
The city's assessment of nearly $1 million and its high percentile rankings indicate the property is valued significantly above average for Winnipeg. This generally reflects its substantial lot and living space. It's important to note that assessed value is for tax purposes and may differ from market value.

5. Why is there no price listed, only an assessment?
The provided detail page shows the municipal assessment, not a current asking price. This suggests the property may be for sale by owner, soon to be listed, or the price is available upon inquiry through the platform.