75 Cassowary Lane

Property Overview: 75 Cassowary Lane, Ridgewood South, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, high-value home in Winnipeg's Ridgewood South neighborhood. Built in 2023, its primary appeal lies in its combination of new construction, generous living space, and a premium assessed value that ranks in the top tier of the city.

The 2,540 sqft living area is notably above average for its street and places in the elite top 4% for the neighborhood and top 3% city-wide, offering substantial room for families. With an assessed value of $913,000, it ranks #1 on its street and in the top 1% both in Ridgewood South and across Winnipeg, signaling a premium property in high regard.

Its appeal is for buyers seeking a move-in ready, contemporary home without the wait or uncertainties of new construction. It best suits professionals or growing families looking for space and modern amenities in a developing area, who also value a strong investment profile as evidenced by its standout assessed value. A less obvious point is the lot size: at 5,730 sqft, it is around the city average but slightly smaller than lots on its own street and in the broader neighborhood. This suggests the property’s value is driven more by the home’s size, newness, and finishings than by expansive outdoor space.

Section 2: Frequently Asked Questions

1. How current and reliable is the assessed value?
The $913,000 assessment is very recent, reflecting the home's modern build and market position. It ranks in the top 1% city-wide, indicating it is considered a premium property by municipal assessors.

2. What does the sold price history indicate?
Records show it sold in March 2023 for between $750,000 and $800,000. The current assessed value being significantly higher suggests substantial appreciation or improvements, but for exact historical figures, a manual lookup with the site is required.

3. Is the lot size a drawback?
The lot is functional but not oversized. At 5,730 sqft, it is slightly smaller than the average on Cassowary Lane. Buyers prioritizing a large yard may note this, while those valuing a low-maintenance exterior may see it as a benefit.

4. How does it compare to immediate neighbors?
It is among the newest and largest homes on the street. With the highest assessed value on the lane and more living space than most, it is a standout property in its immediate circle.

5. What is the neighborhood context for value?
Ridgewood South appears to be a newer, developing area with many modern homes. This property sits in the elite tier for both size and value within the neighborhood, indicating it's one of the area's premier offerings, not just an average home.