Property Overview: 61 McCrindle Bay, Winnipeg
Key Characteristics & Appeal
This 2022-built home in Ridgewood South offers modern living with standout space. Its 2,297 sqft living area is notably larger than average, ranking in the top 3% on its street and top 5% city-wide. The property sits on a generous 10,023 sqft lot, which is double the street average and places it in the top 3% locally. With an assessed value of $621,000, it sits above average at every level, indicating a premium, well-regarded property.
The appeal lies in its combination of new construction, significant interior and exterior space, and a strong positional value within a newer neighbourhood. It suits buyers looking for a move-in ready, modern home without the wait of a build, who prioritize ample indoor and outdoor room for a growing family or entertaining. A thoughtful perspective is that while the home is newer on a street of similar-age properties, its larger lot and footprint provide a rarity factor that newer subdivisions often lack, offering more long-term flexibility and privacy.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold in September 2022 for between $500,000 and $550,000. Its current assessed value of $621,000 is above the street average of ~$502,500, suggesting significant appreciation. Direct comparisons on the street show assessed values ranging from $480k to $631k for similar-sized homes.
2. Is the lot size typical for the area?
No, it’s exceptional. The lot is approximately 10,000 sqft, which is nearly double the average lot size on McCrindle Bay (~5,073 sqft) and larger than the neighbourhood average (~8,317 sqft). This is one of the property's most distinctive features.
3. What does the "Top X%" ranking mean for future value?
Rankings in the top 10% or 5% for metrics like living area and lot size city-wide suggest the home has attributes that are scarce in the broader market. This scarcity can be a buffer against market fluctuations, as these premium features are harder to replicate.
4. The home was built in 2022. What are the potential pros and cons of a nearly new property?
Pros include modern building standards, minimal immediate maintenance, and the remainder of new home warranties. A less obvious con is that the landscape and trees are still establishing, so the yard may not yet have the maturity of an older property.
5. Where can I get verified historical price data for this home?
The site provides sold price ranges based on public data. For fully verified figures and a complete transaction history, you must request a manual lookup via email, as this information is not sourced from the MLS system.