122 Royal Oak Drive

Whyte Ridge, Winnipeg

Property score

75.2

Good

Overall 75.2 · Smaller than most nearby homes

1,270 sqft (bottom 20%) · Built in 1996 (2 yrs newer than avg)

Located in a high-income area with median household income of ~138k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 5 sports facilitys nearby

Living Area

Below average

24% smaller than neighborhood avg.

Year Built

Near average

2 yrs newer than neighborhood avg.

Mother tongue

English · 64%Punjabi · 5%

Past 10 years Whyte Ridge sales snapshot (~80% of all data)

Sold Count

752

Median price

536.3k

$/sqft

$352/sqft

Avg build year

1994

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Property score

75.2 is composed by the two sections below.

Property Score

66.5Good
Living Area1,270 sqft66Good
Year Built199684Excellent
Lot Size4,704 sqft60Fair
Neighbourhood Sales Activity23Low

Community Score

88.3Excellent
Household Income92Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

Whyte Ridge

How to read: Share of sales in each ~$50k price band for “whyte ridge” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111170

Community deep dive

$138K

Median household income

$157K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

9%

Single-person households

50%

Families with children

Population, labour & age

Population (2021)1,035
Labour force participation rate72%
Median age44.0
Avg household size3.1
Unemployment rate8%
Population density1725 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households9%
Couple families with children50%
Median household income (2020)$138K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority39%
Bachelor's or higher (25–64)47%
Mother tongue (1st)English · 64%
Mother tongue (2nd)Punjabi · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,270 sqft
0255075100
Same streetTop 28%Same areaBottom 20%CitywideTop 44%
Same street · Royal Oak Drive
#12 / 43
Top 28% · Avg 1,257 sqft
Same area · Whyte Ridge
#1,902 / 2,382
Bottom 20% · Avg 1,666 sqft
Citywide · Winnipeg
#85,206 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
482k
0255075100
Same streetTop 14%Same areaBottom 25%CitywideTop 23%
Same street · Royal Oak Drive
#6 / 43
Top 14% · Avg 460.7k
Same area · Whyte Ridge
#1,797 / 2,382
Bottom 25% · Avg 529.6k
Citywide · Winnipeg
#44,347 / 194,458
Top 23% · Avg 390.1k

Year Built

above average
1996
0255075100
Same streetTop 16%Same areaTop 36%CitywideTop 19%

Lot Size

around average
4,704 sqft
0255075100
Same streetBottom 12%Same areaBottom 19%CitywideBottom 38%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

122 Royal Oak Drive — 8 amenities found within 500 m, across 3 categories, including 1 education (nearest 394 m), 2 parks (nearest 178 m).

Search radius
🏫Education1
🌳Parks2
💪Sports5

Crime & Safety

Whyte Ridge · WPS public data · 2026

Annual incidents

4

2026

vs. city avg

-86%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Violent

75%

Sales History

Sold 8/2022CA$500k–550k
Sold price

Same street

Top 14%

Same area

Top 40%

City-wide

Top 15%

Related homes

Highlights & common questions: 122 Royal Oak Drive, Winnipeg

122 Royal Oak Drive – Property Summary

Key Characteristics & Ideal Buyer Profile

This 1996-built home on Royal Oak Drive in Whyte Ridge offers 1,270 square feet of living space on a 4,704-square-foot lot. Its assessed value sits at $482,000.

The property performs well on its own street: it ranks 6th out of 43 homes for assessed value (top 14%) and 12th for living area (top 28%). The year built is also newer than most neighbours, ranking 7th. However, when compared to the broader Whyte Ridge neighbourhood, the home falls below average—both in assessed value (top 75%) and living area (top 80%), suggesting it’s a more modest option in a higher-value area. Citywide, it sits around average for living space and land size, but well above average for assessed value (top 23%) and construction year (top 19%).

What stands out: This is a well-positioned home on a good street, but it’s not the largest or most valuable property in the neighbourhood. Buyers get a newer build than much of Winnipeg’s housing stock, and the assessed value suggests solid equity relative to citywide norms. The trade-off is a below-average lot size compared to both the street and neighbourhood—something a buyer who prioritizes a modern floor plan over a large yard will appreciate.

Who it suits: First-time buyers or young families looking for a move-in-ready home in an established suburban neighbourhood. Also suits buyers who want a newer home without paying a premium for the largest lot or highest square footage on the block. Less suited to someone seeking a big yard or maximum square footage for the price.


Frequently Asked Questions

1. How does the assessed value compare to similar homes in Whyte Ridge?
It's below the neighbourhood average of $529,600, which is consistent with the home having less living space and a smaller lot than many nearby properties. On its own street, however, it ranks above average.

2. Why is the land area ranked so much lower than the living area?
The lot is 4,704 square feet—smaller than most homes on Royal Oak Drive and in Whyte Ridge generally. The home itself is slightly larger than average for the street, so the living space is a relative strength while the lot is a relative weakness.

3. Is the year built a meaningful advantage?
Yes, citywide. The average Winnipeg home was built in 1966, so this property is about 30 years newer than much of the city’s housing stock. Within Whyte Ridge (average 1994) and on Royal Oak Drive (average 1995), the advantage is marginal—but still among the newer homes on the street.

4. What does the top 23% citywide assessed value ranking actually mean?
It means this home is valued higher than roughly 77% of all comparable properties across Winnipeg. This doesn’t necessarily mean the home is luxurious—it reflects the overall strength of the Whyte Ridge market compared to other parts of the city.

5. Is this a good property for someone planning renovations or additions?
The smaller lot could limit expansion options, especially if you're considering a large addition or garage. For interior renovations or updates to the existing footprint, there are no obvious constraints beyond the standard permitting process.

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