102 Knightswood Court — Property Summary

Key Characteristics & Buyer Profile

This home offers a trade-off that many buyers find appealing: it’s a well-built, relatively new property in a solid neighborhood, but with a smaller lot than typical for the area. The living area is 1,822 square feet—right around the street average—and the house was built in 2001, placing it among the newest homes on Knightswood Court and well above the citywide median of 1966. The assessed value of $524,000 is slightly below the street and neighborhood averages, but well above the citywide average, which reflects the desirable Whyte Ridge location.

The land area is the main compromise. At 4,846 square feet, it's significantly smaller than the street and neighborhood averages (around 6,178 sqft). This may appeal to buyers who want a newer home in a mature, established area without paying a premium for a large yard. It would suit families or professionals who prefer low-maintenance outdoor space and value interior quality and location over lot size. It’s less ideal for someone looking for a large garden, a workshop, or significant outdoor privacy, as the lot is below average by local standards.

Five Possible FAQs

1. How does this property’s value compare to others in Whyte Ridge?
The assessed value is slightly below the neighborhood average of $529,600. However, it ranks in the top 16% citywide, meaning the home is priced competitively for Winnipeg but sits just under the local market median. This can be a good entry point into the neighborhood for buyers who might otherwise be priced out.

2. The lot is smaller than average—what does that mean practically?
The land area is about 1,300 square feet less than the typical home on Knightswood Court and in Whyte Ridge. That can mean less grass to mow and less maintenance overall. However, it could also limit expansion plans (e.g., adding a garage or a deck) and may mean closer neighbors. It’s worth checking zoning and setback rules if you plan to build or landscape.

3. Is the home’s age a concern?
Built in 2001, the house is relatively new compared to much of Winnipeg’s housing stock (median built 1966). That generally means modern construction standards, better insulation, and fewer immediate upgrades needed (e.g., no knob-and-tube wiring or old plumbing). Still, systems like the roof, furnace, and water heater are now over 20 years old, so a home inspection is recommended.

4. How does the living space compare to other homes for sale nearby?
The 1,822 sqft is around average for the street and slightly above the neighborhood average. It’s well above the citywide average of 1,342 sqft. So you’re getting a reasonably spacious interior relative to most Winnipeg homes, without the oversized footprint that can drive up heating and maintenance costs.

5. What is the neighborhood reputation and resale potential?
Whyte Ridge is a well-regarded, family-oriented area with good schools and parks. The home’s smaller lot may limit its appeal to a narrower buyer group, but the newer construction and solid interior size are strong selling points. Resale will likely depend on how much future buyers value a lower-maintenance yard versus a larger one. If the area stays popular, the home should hold its value well, especially given its citywide ranking.