Overview

This property at 10 Phimister Close offers 1,573 square feet of living space on a 5,506-square-foot lot, built in 2006. Located in the Whyte Ridge area of Winnipeg, it’s a newer home in an established neighbourhood where the average home was built around 1994. The assessed value sits at $568,000.

Key Characteristics & Appeal

The home is slightly smaller than others on its street, but that’s relative to a small sample of 13 homes. Within Whyte Ridge, its size is right around average—nothing unusual for the area. The real standout is the build year: it’s among the newest homes in the neighbourhood (top 1%), and newer than roughly 86% of homes across Winnipeg. That means modern construction standards, better insulation, and fewer immediate maintenance surprises compared to the city’s median home from the mid-1960s. The assessed value is above the neighbourhood average (top 19%) and well above the city average (top 11%), which reflects both the newer build and the desirability of the location. The lot is on the smaller side by street standards, but in line with the community and wider city—likely a typical suburban lot that doesn’t demand heavy yard work.

Who it suits: Buyers who want a relatively new home without paying for a brand-new build or a premium lot. It’s a practical choice for someone who values modern efficiency and lower upkeep over maximum square footage or a large yard. Families who want a solid home in a mature, family-oriented suburb like Whyte Ridge will find this appealing, especially if they plan to stay in the area long-term. It may also suit downsizers who want newer construction without moving to a condo.

FAQs

1. How does the property’s size compare to other homes I might look at in Winnipeg?
The living area is above the city-wide average (top 27%), so it’s larger than most Winnipeg homes. The lot size is slightly below the city average, but not by a meaningful margin—it’s a fairly typical suburban lot.

2. Is the assessed value likely close to the market price?
Assessed value is a tax tool, not a market appraisal. That said, the home’s assessment is higher than most in Whyte Ridge, which suggests it’s in a stronger price tier for the area. Market conditions and specific finishes will ultimately set the selling price, but the assessment gives a reasonable ballpark.

3. Why is the build year such a big factor here?
Most homes in Whyte Ridge date from the early-to-mid 1990s. A 2006 build means modern building codes, better energy efficiency, and likely fewer major system replacements (roof, furnace, windows) in the near term. It also means the home has already settled and any early-stage defects have probably been addressed, which is less risky than buying brand new.

4. The lot is the smallest on the street—should that concern me?
It depends on your priorities. On a street of 13 homes, being the smallest lot stands out, but the lots here are generally quite large (averaging over 7,000 sq ft). Your lot is still over 5,500 sq ft, which is common across Winnipeg. You’ll have less yard maintenance but also less privacy from neighbours compared to the larger lots on the same street.

5. How does this property compare to newer subdivisions further from the city?
Newer subdivisions often push into the late 2010s or 2020s with smaller lots and tighter neighbourhood layouts. This home offers a newer build than most of its immediate surroundings, but you’re gaining a more established community, larger trees, and proximity to amenities that newer suburbs may still be building. You’re trading ultra-new construction for location and neighbourhood maturity.