Property Summary: 66 Lannoo Drive, Ridgedale, Winnipeg
Key Characteristics & Buyer Appeal
This is a spacious, well-established two-storey home on a large, mature lot in the Ridgedale neighbourhood. Its key characteristics include a generous 2,506 sqft of living space, a fully finished basement, and an attached garage. Built in 1993, the home offers substantial interior room and a land size of over 10,000 sqft, which is notably larger than most properties in Winnipeg.
The primary appeal lies in its combination of space, established setting, and value within its market segment. The property ranks highly city-wide for its lot size, living area, and assessed value, indicating it offers more square footage and land than the vast majority of Winnipeg homes. It suits buyers looking for a ready-to-move-into family home in a quiet neighbourhood, who prioritize interior space and a sizable yard over a brand-new build. It’s particularly well-matched for those who appreciate the character of a mature property and want a home with a proven, stable footprint in the community, without the premium price tag of newer construction.
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 6% city-wide for lot size means the property is larger than 94% of homes in Winnipeg, a significant advantage for privacy and outdoor space.
2. Is a 1993-built home considered old?
While not new, a home from 1993 is considered modern in its core systems and layout. It likely avoids the major concerns of much older wiring or plumbing, but buyers should still expect to maintain or update components like the roof, windows, or major appliances due to their age.
3. The home surpasses only 40% of properties in its own neighbourhood for lot size. Why?
This indicates that Ridgedale itself is an area of generally large lots. While the property is huge by city standards, it is on the more modest end within its own desirable community, suggesting a consistent, established streetscape.
4. How should I interpret the assessed value versus the asking price?
The municipal assessment of $830,000 is for taxation purposes and reflects a mass appraisal from a prior date. The listing price is set by the seller based on current market conditions. A professional comparative market analysis is essential to understand the true asking price context.
5. What are the pros and cons of such a large lot?
The benefits are ample privacy, space for gardens, play, or expansions. The considerations include higher maintenance (lawn care, snow clearing) and potentially higher property taxes relative to homes on smaller parcels.