The area's housing stock is older than the city's newest suburbs, which means bigger yards and established boulevard trees that a brand-new subdivision cannot offer for a decade or more, but it also means mechanical systems, roofing and windows that are due sooner and worth checking closely before an offer.
Good place to live is a personal fit question as much as a market one. Families weigh proximity to schools and parks heavily, and Lakeridge's layout, built around walkable streets rather than a single arterial road, tends to score well on that measure without needing a downtown commute to justify it.
None of that tells you what a specific Lakeridge house is actually worth today, since the city's benchmark of $444,700 covers the whole market and this neighbourhood's older stock varies house to house. Get your hand-reviewed valuation from Joel Dyck.