122 Burlington Way – Property Summary

Key Characteristics & Buyer Profile

This home at 122 Burlington Way offers 1,300 square feet of living space on a 5,206-square-foot lot, built in 1986. Its assessed value is $494,000.

Where this property stands out is in its value relative to the wider city. Citywide, the assessed value ranks in the top 21%, meaning it's priced well above the Winnipeg average of $390,100 for comparable homes. Yet within its own neighbourhood of Whyte Ridge, the assessment is actually slightly below the local average of $529,600. That gap suggests a property that might offer more house for the money than other homes in the immediate area.

The lot is notably smaller than others on Burlington Way—ranked 45th out of 46 homes on the street—but sits closer to the average for Whyte Ridge as a whole. The year built (1986) makes it one of the older homes on the street (top 20%) but newer than much of the neighbourhood's housing stock.

The living area is below the street and neighbourhood averages but aligns closely with the citywide norm. In short: this is a home that gives you citywide value in a neighbourhood where prices tend to run higher, though you'll sacrifice some square footage and lot size compared to nearby properties.

Who it suits: Buyers who want to be in Whyte Ridge but are priced out of the larger, newer homes there. Also those who prioritize location and overall value over maximum space—or who are willing to compromise on lot size to get into an established neighbourhood.

Frequently Asked Questions

1. Why is the assessed value above the city average but below the neighbourhood average?
Whyte Ridge is a higher-value area overall, with an average assessment of $529,600 for comparable homes. This property's $494,000 assessment is lower than the local norm, meaning you're paying below the neighbourhood benchmark—but relative to the rest of Winnipeg, it's still a more expensive home. That can be an advantage if you're looking for entry into a pricier area at a relative discount.

2. Is a 5,206-square-foot lot considered small for the area?
On Burlington Way, yes—it's one of the smallest lots on the street (ranked 45 out of 46). But within Whyte Ridge, it's closer to average, and citywide the lot size is right at the median. So it's only truly small when compared directly to others on the same block.

3. How does the living area compare to other homes in the neighbourhood?
At 1,300 square feet, it's below both the street average (1,538 sqft) and the Whyte Ridge average (1,666 sqft). If you're used to newer suburban homes with more square footage, this may feel compact. But it's almost exactly in line with the citywide average for comparable homes, so it's not unusually small by Winnipeg standards.

4. Is 1986 considered old for a home in this neighbourhood?
It's older than most homes in Whyte Ridge, where the average build year is 1994. But on Burlington Way, it's actually one of the newer homes (ranked 9 out of 46). That means the street has a mix of ages, and this home is on the newer end relative to its immediate neighbours, even if the wider neighbourhood skews slightly newer.

5. What does the ranking data actually tell me?
The rankings compare this property against similar homes in three categories: within the same street, the neighbourhood, and the entire city. The bars show what percentage of comparable homes you're outperforming in each category. For example, a top 21% citywide ranking in assessed value means only about one in five similar homes across Winnipeg is valued higher. A top 98% ranking in lot size on the street means almost every other home on Burlington Way has a bigger lot.