Property Overview: 5 Zimmerman Drive, Winnipeg
Key Characteristics & Appeal
This 2021-built home in Ridgewood South offers a modern, low-maintenance living experience within a newer subdivision. Its primary appeal lies in its balance of above-average space and a contemporary build, all at an assessed value that positions it favorably across different scales.
The nearly 2,000 sqft living area is notably spacious compared to most Winnipeg homes, yet it sits on a more compact, manageable lot typical of newer developments. This creates an efficient layout that suits those who prefer indoor living space over extensive yard upkeep. While the lot size is smaller than many in the wider neighborhood, the home itself is newer than over 98% of citywide properties, suggesting modern building standards, systems, and minimal immediate repair needs.
It would best suit buyers seeking a turnkey, modern home without the premium often attached to brand-new construction. The data indicates strong value retention, with recent sold prices ranking in the top tier for the area. This profile is ideal for professionals, small families, or downsizers who prioritize a modern, spacious interior and predictable costs over a large, traditional yard.
Frequently Asked Questions
1. How does the lot size impact the property?
The lot is compact relative to older areas of Winnipeg, which means lower maintenance but less private outdoor space. It aligns with newer subdivision norms, focusing the property's value on the home itself.
2. The home is newer than most on its street. Is that a concern?
Not necessarily. Being built in 2021, it benefits from modern materials and efficiency standards. While the immediate street is still developing, the home's newer age is a significant asset citywide and may offer more predictable maintenance in the near term.
3. What do the sold price rankings mean?
The home has recently sold in the top 9% of its street and top 4% citywide for price. This suggests it has been a high-performing asset in its class, indicating strong market demand for this type of modern property.
4. How does the assessed value compare to likely market value?
The assessed value is $521k. Historical sold data shows the property transacting between $600k-$700k, indicating the assessed value is used for tax purposes and is typically below current market value.
5. Where can I get verified sale history details?
The site notes that exact sold prices are not displayed publicly due to industry rules. They offer a manual lookup service via email to provide full transaction history and exact figures upon request.