Property Summary: 61 Ridgedale Crescent
Key Characteristics & Appeal
This is a substantial, classic home situated on an exceptionally large lot in Winnipeg's Ridgedale area. Built in 1953, the two-storey residence offers over 3,450 sqft of finished living space, including a developed basement. Its primary appeal lies in the combination of generous interior space and remarkable outdoor privacy afforded by the 31,475 sqft property—a rare find within the city. The home ranks in the top tier for lot size, living area, and assessed value not just in its immediate neighborhood, but across all of Winnipeg.
Its charm is for a specific buyer: someone seeking established character, room to grow, and significant land without moving to a rural area. It suits a family or individual who values space over new construction, and who sees potential in a 70-year-old home that has been maintained and updated over time. The property’s high percentile rankings indicate it’s a standout, premium offering in its category, likely appealing to those looking for a long-term home with room for gardens, recreation, or expansion.
Frequently Asked Questions
1. What does the high ranking for lot size actually mean?
The data shows this property's land area is larger than 99% of all residential lots in Winnipeg. This isn't just a big yard; it's a level of privacy and space that is increasingly uncommon in the city.
2. The home was built in 1953. What should I consider?
While the home has been maintained and the basement is finished, a build of this age will have systems (like plumbing, electrical, and the roof) that are likely not original but will require diligent inspection to understand their current condition and remaining lifespan.
3. How does the assessed value relate to the likely selling price?
The municipal assessment of $1.42 million places it in the top 0% of Winnipeg homes by value, setting a clear benchmark for a premium property. Market conditions and the home's specific features will determine the final sale price relative to this assessment.
4. Is the neighborhood consistent with this type of property?
Yes. The home ranks even higher within its own community (Ridgedale) than city-wide, meaning it is a strong fit for an area that already features larger, established properties, though it is still a standout even there.
5. What is a "Two/One Storey" building type?
This typically describes a home that presents as a bungalow from one side (the "one storey") but has a full second storey on the other side due to a sloping lot, offering a distinct architectural profile and efficient use of the footprint.