Property Overview: 69 Ridgedale Crescent
This well-established two-storey home in Winnipeg's Ridgedale neighborhood offers a blend of generous space and a mature setting. Built in 1978, its primary appeal lies in its substantial lot size of over 11,000 sqft and an above-average living area of approximately 2,656 sqft, which includes a finished basement. The home's rankings indicate it stands out significantly for its lot and living space when compared to most properties across Winnipeg, suggesting a rare level of privacy and room to grow for the area. It features an attached garage and sits on a quiet crescent.
The property would particularly suit buyers looking for a long-term family home who value indoor and outdoor space over modern, turn-key finishes. It appeals to those comfortable with the character and potential maintenance considerations of a near-50-year-old home, seeing it as a canvas for gradual updates. The strong value appreciation suggested by the 2022 sale price and current assessment also makes it a consideration for buyers focused on solid fundamentals in a stable neighborhood.
Frequently Asked Questions
1. What is the true sense of the lot size and neighborhood?
The property sits on a very large, quarter-acre lot, which is uncommon in many city neighborhoods. This offers exceptional privacy, space for gardening, play, or expansion. Ridgedale is a mature, established community with a mix of long-time residents and newer families.
2. Are the rankings and assessments reliable indicators of value?
The provided rankings are useful for quick comparison, showing this home excels in physical size relative to others. The assessed value is an administrative figure for tax purposes; a professional appraisal and market conditions will determine the current fair market value.
3. What should I consider about a home from 1978?
While offering solid construction and room layouts, homes of this era may have original or aging components like windows, roofing, HVAC systems, or electrical panels. A thorough home inspection is essential to understand the condition and plan for any updates.
4. The 2022 sale shows a price increase. What does that mean?
The increase from the 2022 purchase price to the current assessment suggests the owners may have added value or that market trends have been favorable. It's important to review what, if any, updates were made since 2022 to understand the context.
5. Who would this property NOT be ideal for?
It may not suit buyers seeking a modern, low-maintenance home ready for immediate move-in without any projects. Those preferring a brand-new development, a very small yard, or who have strict budgets with no room for future updates might find other properties more aligned.