68 Cadboro Road – Property Summary

Key Characteristics & Buyer Profile

This is a 1,773-square-foot home built in 1999, sitting on a 43,553-square-foot lot in Winnipeg’s Waverley West B area. Its strongest asset is the land: city-wide, the lot ranks in the top 1% for size—far above the typical 6,570-square-foot city average and well above the neighbourhood average of about 13,000 square feet. The assessed value of $654,000 also stands out, placing it in the top 5% city-wide and top 20% on its street.

That said, the home itself is more modest relative to its surroundings. While the living area is above the city average, it’s only slightly larger than other homes on Cadboro Road and sits near the middle of the neighbourhood. The year built (1999) is older than most homes in Waverley West B, where the average is 2019, but newer than much of the city’s housing stock.

The appeal here is straightforward: a solid, mid-sized house on an exceptional piece of land. The property suits buyers who value space—gardening, outdoor storage, room for additions or a shop—over a brand-new or maximally updated interior. It’s a strong fit for someone looking to buy into a desirable Winnipeg neighbourhood with room to grow, or for those who want a large lot without paying a premium for a newer or larger home.

Frequently Asked Questions

1. How does this property compare to others on Cadboro Road?
It ranks first in assessed value and year built, and second in living area out of five homes on the street. The lot is third-largest. So it’s among the higher-end properties on the street, but the land isn’t the standout feature at the street level—it’s the value and newer build that set it apart locally.

2. Is the 1999 build a concern in a neighbourhood full of newer homes?
It depends on your perspective. The house is 25 years old, which means it may need updates sooner than a brand-new build. However, it’s newer than most homes in Winnipeg (top 18% city-wide), and a 1999 home often has better construction and mature landscaping than a 2019 spec house. Some buyers actually prefer the slightly older vintage for quality and character.

3. Why is the assessed value so high relative to the neighbourhood?
The $654,000 assessment is driven primarily by the large lot. While the home itself is around average size for the area, the land is more than three times the neighbourhood average. In Waverley West B, where newer homes are packed onto smaller lots, a property with this much space commands a premium.

4. What kind of buyer typically goes for a property like this?
Often, it’s someone who wants space for a growing family, a workshop, a large garden, or even a future secondary suite. It also appeals to buyers who want a foothold in a newer suburban area but don’t want to feel cramped on a standard 5,000-square-foot lot. The house itself is move-in ready but not luxury—the value is in what you can do with the land.

5. How does the land size compare to a typical Winnipeg lot?
The lot is roughly six and a half times the size of an average city lot (6,570 sqft). It’s in the top 1% city-wide. Even within the neighbourhood, where lots are already larger than city average, this one is about 3.4 times bigger than typical. That’s a rare find, especially in a newer area where large lots are increasingly uncommon.