Property Overview
61 Zimmerman Drive is a modern, three-year-old home in Winnipeg's Ridgewood South neighborhood. Its appeal lies in its balance of contemporary living within a well-established, newer development. While its size and value are modest compared to its immediate street and area, it stands out for its newer construction and efficient use of space on a larger-than-average lot for the street.
Key Characteristics & Ideal Buyer
This 1,559 sqft home, built in 2023, offers move-in-ready modern amenities with minimal upkeep. Its assessed value of $433k is notably below the neighborhood average, potentially presenting relative value within Ridgewood South. A key characteristic is its generous 5,251 sqft lot, which is above average for Zimmerman Drive, offering more outdoor space than many direct neighbors.
The home’s appeal is contextual. Compared to the entire city of Winnipeg, it ranks highly for size, value, and is in the top 1% for newness. On its own street and in Ridgewood South, however, it is a more modest, competitively priced option among larger, often higher-valued homes.
This property would suit first-time buyers or downsizers seeking a modern, low-maintenance home in a newer suburban area without the premium price tag of the largest models. It’s also a practical choice for value-focused buyers who prioritize a newer build and a good lot size over having the biggest house on the block.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It last sold between $500k-$550k in late 2023. Its current assessed value of $433k is below that sale range and under the street and neighborhood averages, which could indicate a value opportunity or reflect specific market adjustments.
2. Is the home smaller than others nearby?
Yes. At 1,559 sqft, the living area is below the average for both Zimmerman Drive and the wider Ridgewood South area. However, it is still above the average home size across the entire city of Winnipeg.
3. What are the benefits of a 2023 build?
A home built just three years ago likely features modern building codes, energy efficiency, contemporary layouts, and minimal immediate repair needs. It also ranks in the top 1% for newness city-wide.
4. The lot size seems large for the street. Is that an advantage?
Yes. The 5,251 sqft lot ranks 8th largest out of 58 on Zimmerman Drive. This provides more private outdoor space than most direct neighbors, a valuable asset for gardening, recreation, or future additions.
5. Why is the assessed value lower than the neighborhood average?
The assessed value is influenced by the home’s smaller size relative to the area. Ridgewood South has an average assessed value of $560k, so this home sits at a more accessible price point within a desirable, newer community.